Economic

Financial Analysis

German auto and engineering workers to get 5.5% wage rise after union negotiations

German auto and engineering workers to get 5.5% wage rise after union negotiations

Germany’s biggest industrial union reached an agreement with employers on Tuesday over a wage disput...

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Boeing to take weeks to resume production of planes after strike

Boeing to take weeks to resume production of planes after strike

Boeing says it will be several weeks before it can fully resume building passenger planes, following...

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Shell wins landmark climate case - what does it mean for investors?

Shell wins landmark climate case - what does it mean for investors?

A Dutch court has overturned a landmark ruling against British-Dutch owned oil and gas company Shell...

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Lufthansa reaches deal to secure stake in Italy's ITA Airways

Lufthansa reaches deal to secure stake in Italy's ITA Airways

The Italian government has announced that it has reached a deal with Lufthansa Group, which will all...

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Profits at power company CEZ hit by lower earnings in trading and mining

Profits at power company CEZ hit by lower earnings in trading and mining

The Czech power company CEZ on Tuesday reported net profit of 23.4bn Czech crowns (€926.5m) in the f...

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AstraZeneca beats expectations and raises guidance despite China troubles

AstraZeneca beats expectations and raises guidance despite China troubles

AstraZeneca has exceeded market expectations with its third-quarter earnings and raised its outlook ...

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CVC Capital reported to be seeking Italian pharma firm sale

CVC Capital reported to be seeking Italian pharma firm sale

Luxembourg-based private equity group CVC Capital Partners is reported to be looking for a buyer for...

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Alitalia to lay off more than 2,000 remaining employees as liquidation nears

Alitalia to lay off more than 2,000 remaining employees as liquidation nears

Italy's former national carrier Alitalia has started procedures for the collective dismissal of its ...

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Deutsche Bank to axe more than 100 bankers in drive to cut costs

Deutsche Bank to axe more than 100 bankers in drive to cut costs

Deutsche Bank's latest cost-cutting effort has led the German bank to cut 111 senior managers in its...

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