European stocks dragged down by healthcare PARIS: European stocks made a downbeat start to the second quarter, pressured by healthcare shares, while investors... Published 03 Apr, 2024 05:29am
Markets French, German stocks sprint to record high on earnings cheer PARIS: European shares rose on Thursday as upbeat corporate earnings pushed French and German stocks to a record... Published 16 Feb, 2024 06:02am
Markets Euro zone yields edge up from multi-month lows as markets bet on March ECB rate cut LONDON: Euro zone government bond yields edged higher on Monday after earlier touching multi-month lows as market... Published 04 Dec, 2023 05:54pm
Markets Gold leaps above $2,000 as dollar weakens on Fed pause bets LONDON: Gold rose over the key $2,000 level on Friday, logging its second consecutive weekly gain, see-sawing ... Published 26 Nov, 2023 03:31am
Business & Finance Commerzbank Q3 net profit more than triples, beats expectations FRANKFURT: Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better... Published 08 Nov, 2023 11:34am
Business & Finance Gazprom subsidiary files lawsuits against Deutsche Bank, Commerzbank MOSCOW: RusKhim-Alyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion... Published 05 Jul, 2023 06:00am
Business & Finance German economy entered recession in Q1 BERLIN: The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby... Published 25 May, 2023 12:16pm
World Germany’s 2022 inflation drops one point to 6.9% after changes to index BERLIN: Germany’s new 6.9% inflation reading for 2022 is one point lower than previously reported due to revisions... Published 22 Feb, 2023 04:43pm
Markets Commerzbank sees 2023 profit ‘well above’ 2022 despite challenges FRANKFURT: Germany’s Commerzbank said on Thursday that net profit rose a better-than-expected 12% in the fourth... Published 16 Feb, 2023 01:05pm
Markets Arabica coffee falls LONDON: Arabica coffee futures on ICE fell to a 14-month low on Friday, pressured by an improving outlook for next... Published 30 Oct, 2022 03:57am
Markets Oil prices rise on signals Opec might cut output NEW YORK: Oil prices ended higher on Friday, boosted by signals from Saudi Arabia that OPEC could cut output, but... Published 28 Aug, 2022 06:10am
Markets Commerzbank, helped by rates, swings to bigger-than-expected Q2 profit FRANKFURT: Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit, helped by... Published 03 Aug, 2022 11:26am
Markets OPEC+ meeting to test Biden’s Saudi oil entreaty VIENNA: The OPEC+ group of major oil exporters meets Wednesday to discuss its output strategy after US President Joe... Published 03 Aug, 2022 09:37am
Markets Germany’s Bund yield at 2-month lows as recession fears nag LONDON: Germany’s benchmark 10-year bond yield fell to a two-month low on Tuesday, with concerns about a sharp... Published 26 Jul, 2022 01:17pm
Markets Industrial metals tumble as dollar rises and growth slows LONDON: Industrial metals prices fell sharply on Thursday as markets braced for rapid interest rate rises that will... Published 15 Jul, 2022 06:20am
Business & Finance German lender Commerzbank says it will stay in Russia FRANKFURT: Commerzbank, Germany’s second-biggest lender, said on Thursday it would not part ways with its Russian... Published 12 May, 2022 06:59pm
Markets European stocks fall LONDON: European shares fell on Tuesday as Deutsche Bank and Commerzbank slumped after a big stake sale, while a US... Published 13 Apr, 2022 06:03am
Markets Oil soars as Russian energy supply fears intensify NEW YORK: Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian... Published 01 Mar, 2022 05:34am
Markets European stocks drop PARIS: European shares fell on Thursday as heightened Russia-Ukraine tensions eclipsed a slew of encouraging ... Published 18 Feb, 2022 04:31am
Markets Commerzbank returns to profit as overhaul pays off FRANKFURT: Commerzbank, Germany's second-biggest lender, said Thursday the group had booked a profit in 2021 despite... Published 17 Feb, 2022 01:38pm
Markets Commerzbank shares fall after finance minister says govt to shed stake in future BERLIN: Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany's Finance... Published 14 Feb, 2022 12:00pm
Business & Finance Sterling extends gains LONDON: The British pound held its ground on Friday and was set to post a second consecutive weekly gain as... Published 12 Feb, 2022 05:09am
Markets Gold dips LONDON: Gold prices extended losses to a more than one-week low on Thursday as the US dollar and Treasury yields... Published 28 Jan, 2022 04:44am
Markets Euro zone yields fall on geopolitical risks, eyes on Italy's vote Euro zone government bond yields fell on Monday as worries about a possible Russian attack on Ukraine boosted demand... Published 24 Jan, 2022 06:41pm
Markets Gold gains as inflation woes persist, palladium extends rally Gold and silver touched two-month highs on Thursday lifted by worries surrounding inflation and Russia-Ukraine... Published 20 Jan, 2022 10:53pm
Markets Copper dragged down by strong dollar ahead of Fed meeting LONDON: Copper prices succumbed to pressure from the dollar on Tuesday as the market anticipated a more hawkish tone... Published 19 Jan, 2022 06:15am
Markets Gold holds ground despite Fed’s rate rise signals LONDON: Gold prices held their ground on Monday, with gains capped by expectations of monetary policy tightening in... Published 18 Jan, 2022 04:20am
Markets Copper falls on Chinese property market weakness, strong dollar LONDON: Copper fell on Monday as data showed weakness in China's property sector, Chinese coal prices plunged, the... Published 15 Nov, 2021 11:16pm
Markets European shares close at record high after Fed, BoE announcements European shares rose for a fifth straight session on Thursday to hit record highs as investors took comfort from the... Published 04 Nov, 2021 10:32pm
Markets Commerzbank expects full year profit after strong Q3 FRANKFURT: Germany's Commerzbank on Thursday said that it swung to a better-than-expected third-quarter net profit... Published 04 Nov, 2021 11:48am
