Germany’s leading banker has shifted the terms of the country’s concerns over a credit crunch by proposing a fund through which banks could provide equity to strengthen corporate balance sheets as a prelude to more lending.The surprise idea from Jos
WARSAW - The German Deutsche Boerse has decided not to proceed with the purchase of a minimum 51-percent stake in the Warsaw Stock Exchange , Poland's treasury said on Monday. The Deutsche Boerse did not present a new document, which means the end
BERLIN - German rail operator Deutsche Bahn said Sunday it had signed a multi-billion-euro contract to build high-speed railway lines and underground transport networks in Qatar and Bahrain. The total investment earmarked for the projects amounts t
BERLIN - German rail operator Deutsche Bahn is set to sign a contract worth billions of euros to build railways in Qatar and Bahrain, a spokesman for Deutsche Bahn told AFP on Friday. A contract will be signed on Sunday between Deutsche Bahn and
Deutsche Telekom, the German telecoms group, gave a glimpse of the pressure it is under in the US when it said dollar-denominated revenues there dropped in the third quarter after its T-Mobile US unit lost 77,000 customers.The Bonn-based company sai
FRANKFURT - German logistics group Deutsche Post raised on Thursday its full year operating profit target owing to signs of a sector pick-up even though third quarter results fell into loss. The former German mail monopoly expects core earnings bef
FRANKFURT - The leading European telecommunications operator, Deutsche Telekom, said Thursday that net profit climbed by seven percent in the third quarter of 2009 and that sales were up by five percent. Net profit reached 959 million euros in the
FRANKFURT - Deutsche Bank AG, Germany's biggest bank by assets, said Thursday that tax credits and increased trading revenue pushed its third-quarter earnings more than three times higher. The company made a net profit of euro1.4 billion in the Jul
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