Commerzbank AG forecast a profit of more than 1 billion euros ($1.1 billion) this year and said it plans to start returning some of that to investors again through dividends, as Chief Executive Officer Manfred Knof’s turnaround gathers momentum.
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Italy may earmark funding of as much as 1 billion euros ($1.1 billion) per year to help support its stricken auto industry, Economic Development Minister Giancarlo Giorgetti said on Thursday.
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LONDON — European markets inched higher on Wednesday as investors assessed the geopolitical outlook following Russia's claimed partial withdrawal from the Ukrainian border, while corporate earnings season rumbles on.The pan-European Stoxx 600 index hovered 0.1% above the flatline by mid-morning, with oil and gas stocks adding 1.2% while telecoms dropped 1.2%.Markets around the world rallied…
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‘We have not seen any de-escalation,’ says Stoltenberg despite Moscow insisting it is withdrawing forces...
Financial regulator warned last year that the crypto platform poses a ‘significant risk’ to consumers...
Decision will allow European Commission to withhold funds from member states for rule-of-law violations...