Europe

CEO Ulrich Körner of the troubled Swiss bank Credit Suisse calls on his staff to keep a cool head and to focus on the facts to stop the unrest around the bank. He also promised to move ahead quickly to streamline the bank's operations.…
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French Finance Minister Bruno Le Maire says the bankruptcies of US banks Silicon Valley Bank (SVB) and Signature Bank do not threaten French financial institutions. The German financial regulator BaFin issued a similar reassuring…
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Thousands of people took to the streets in the Spanish capital Madrid on Sunday to protest against abortion. The reason is the approval of a law in the Spanish parliament that broadens access to abortion. Carrying green balloons…
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Adidas, the largest European manufacturer of sports equipment, will pay fewer dividends in 2022. The German sports brand issued a profit warning a few weeks ago due to the loss of sales of Yeezy products. After a series of…
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ECB President Christine Lagarde has confirmed that the European Central Bank (ECB) will raise interest rates by another 50 basis points later this month to curb inflation. "All the numbers we have seen recently confirm that this…
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Apple will invest a billion euros in Munich's European chip design centre. It is already the second time it has done so since 2021. The chip centre is Apple's most important development site in Europe. It focuses on three themes:…
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The German sports brand Puma made a record profit last year but warns of less profitable times in 2023. Due to cost increases, shopkeepers and distributors have built up large sports shoes and clothing stocks. They now have to get…
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On Tuesday, Swedish climate activist Greta Thunberg and dozens of activists from the Sami population group blocked even more ministries in the Norwegian capital Oslo to protest against two wind farms still operating despite a court ruling.…
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