Germany

Accelerating inflation points to likely ECB monetary policy change: ZEW

Accelerating inflation points to likely ECB monetary policy change: ZEW

Published 17/10/2017

Accelerating inflation bodes well for the German economy and makes it more probable that the European Central Bank will alter its ultra-loose monetary policy, the ZEW research institute said on Tuesday. [more…]

Global stocks stay buoyant as dollar, bond yields rise

Global stocks stay buoyant as dollar, bond yields rise

Published 17/10/2017

World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. [more…]

With Spain gripped by Catalonia crisis, VW`s Seat delays naming new model

With Spain gripped by Catalonia crisis, VW`s Seat delays naming new model

Published 17/10/2017

With the Spanish media focused on the political crisis over Catalonia, Volkswagen's (VOWG_p.DE) Spanish division Seat has decided to delay announcing the name of its forthcoming model. [more…]

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

Published 17/10/2017

Airbus SE has agreed to buy a majority stake in Bombardier Inc's CSeries jetliner program, giving a powerful boost to the Canadian plane and train maker in its costly trade dispute with Boeing Co. [more…]

Midnight in Toulouse: How CSeries deal shook status quo

Midnight in Toulouse: How CSeries deal shook status quo

Published 17/10/2017

Two years ago, Airbus Chief Executive Tom Enders halted negotiations to buy Canada's CSeries program at midnight after the talks with Bombardier leaked to Reuters. On Tuesday, he performed a U-turn by backing a similar deal after all - again at dead of night. [more…]

French government welcomes Airbus` deal on Bombardier CSeries stake

French government welcomes Airbus` deal on Bombardier CSeries stake

Published 17/10/2017

The French government, which owns an 11 percent stake in Airbus, welcomes the airplane maker's deal for a majority stake in Bombardier's CSeries jet program, Finance Minister Bruno Le Maire said on Tuesday. [more…]

Airbus shares rally after company`s Bombardier CSeries deal

Airbus shares rally after company`s Bombardier CSeries deal

Published 17/10/2017

Airbus shares rose on Tuesday after the European planemaker and aerospace group agreed to buy a majority stake in Bombardier's CSeries jetliner program. [more…]

Key Republican says Trump must work with Europe on Iran

Key Republican says Trump must work with Europe on Iran

Published 16/10/2017

U.S. Senator Bob Corker, the Republican chairman of the Senate Foreign Relations Committee, urged President Donald Trump's administration on Monday to work closely with European allies as it develops its new Iran policy. [more…]

Exclusive: T-Mobile, Sprint plan merger without selling assets

Exclusive: T-Mobile, Sprint plan merger without selling assets

Published 16/10/2017

T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter. [more…]

Exelixis drug improves overall survival in liver cancer patients

Exelixis drug improves overall survival in liver cancer patients

Published 16/10/2017

Exelixis Inc's drug to treat a type of liver cancer improved overall survival in patients in a late-stage study that prompted an independent expert group to recommend no further trial, sending the company's shares soaring 31 percent. [more…]