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Moody's downgrades Commerzbank, other German banks
Jun 06, 2012 02:59 EDT
The international credit rating agency Moody's said Wednesday it has downgraded the credit ratings of six German banks, including the country's number two Commerzbank.
Aircraft financing costs seen close to peak
Feb 20, 2012 11:01 EST
FRANKFURT (Reuters) - The cost of financing new planes may come off current highs for some carriers as lenders step up competition for creditworthy debtors, a top supplier of aircraft financing told Reuters.
UniCredit set to succeed with share sale
Jan 20, 2012 05:29 EST
MILAN (Reuters) - UniCredit <CRDI.MI> is set to meet the tougher capital requirements being imposed on euro zone banks thanks to its 7.5 billion-euro ($9.7 billion) share sale, with Friday the last day of trading in rights to the heavily discounted new shares.
Italy bond auction fails to match Spanish success
Jan 13, 2012 05:33 EST
MILAN (Reuters) - Italy's three-year debt costs fell below 5 percent but its first bond sale of the year failed to match the success of a Spanish auction the previous day, reflecting the heavy refinancing load Rome faces over the next three months.
Yields fall sharply at Spanish, Italian debt sales
Jan 12, 2012 03:53 EST
MADRID (Reuters) - Spain and Italy spread cheer through euro zone markets on Thursday with solid debt auctions at sharply lower borrowing costs in 2012's first real test of appetite for debt from the euro zone's bruised periphery.
Risk-shy banks may prompt credit pinch: EU watchdog
Dec 11, 2011 09:38 EST
FRANKFURT (Reuters) - The European Banking Authority (EBA) has warned lenders against being so risk-averse as to prompt a credit crunch.
SAP splashes out in cloud-computing frenzy
Dec 05, 2011 14:27 EST
FRANKFURT/NEW YORK (Reuters) - SAP AG's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price paid is very high at first glance, analysts said on Monday.
SAP splashes out in cloud-computing frenzy
Dec 05, 2011 14:25 EST
FRANKFURT/NEW YORK (Reuters) - SAP AG's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price paid is very high at first glance, analysts said on Monday.
SAP splashes out in cloud-computing frenzy
Dec 05, 2011 13:39 EST
FRANKFURT (Reuters) - SAP's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price it paid is very high at first glance, analysts said on Monday.
SAP splashes out in cloud-computing frenzy
Dec 05, 2011 12:38 EST
FRANKFURT (Reuters) - SAP's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price it paid is very high at first glance, analysts said on Monday.
SAP splashes out in cloud-computing frenzy
Dec 05, 2011 10:26 EST
FRANKFURT (Reuters) - SAP's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price it paid is very high at first glance, analysts said on Monday.
SAP splashes out in cloud-computing frenzy
Dec 05, 2011 09:39 EST
FRANKFURT (Reuters) - SAP's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price it paid is very high at first glance, analysts said on Monday.
GM's restructuring pledge raises alarm in Europe
Nov 10, 2011 10:45 EST
FRANKFURT (Reuters) - General Motors <GM.N> looks set for another bruising collision with the German government and labor unions after the U.S. automaker raised the prospect of further job cuts and plant closures at its ailing Opel subsidiary.
SAP Q3 sales, profit jump sends shares higher
Oct 14, 2011 08:32 EDT
(Reuters) - Germany's SAP <SAPG.DE>, the world's biggest maker of business software, reported a jump in its third quarter sales and profits, sending its shares 2 percent higher on Friday.
Results show strong European consumer goods demand
Aug 04, 2011 06:58 EDT
LONDON/FRANKFURT (Reuters) - Some of Europe's biggest consumer goods groups defied high input costs and tepid demand to report higher sales.
Deutsche Telekom holds to targets despite profit drop
Aug 04, 2011 06:36 EDT
BONN, Germany, Aug 4 (Reuters) - Deutsche Telekom <DTEGn.DE> is on track to meet its 2011 targets, it said on Thursday, despite a poor performance in the United States, continued economic weakness in southeastern Europe and sluggish growth in Germany.
Deutsche Telekom holds to targets despite profit drop
Aug 04, 2011 05:00 EDT
BONN, Germany, Aug 4 (Reuters) - Deutsche Telekom is on track to meet its 2011 targets, it said on Thursday, despite a poor performance in the United States, continued economic weakness in southeastern Europe and sluggish growth in Germany.
Lehman creditors pan disclosure proposal
Jun 09, 2011 19:10 EDT
NEW YORK (Reuters) - Creditors of Lehman Brothers Holdings Inc <LEHLQ.PK>, including units of Bank of America Corp <BAC.N> and Barclays PLC <BARC.L>, are blasting attempts by Lehman bondholders to force them to reveal details about their claims against the failed bank.
Analyst View: Germany's nuclear exit plan
May 30, 2011 04:40 EDT
FRANKFURT (Reuters) - Germany will shut all its nuclear reactors by 2022, parties in Chancellor Angela Merkel's coalition government agreed on Monday in a reaction to Japan's Fukushima disaster that marks a drastic policy reversal.
Hannover Re cuts profit outlook after quake claims
May 03, 2011 04:43 EDT
FRANKFURT (Reuters) - German reinsurer Hannover Re slashed its full-year net profit outlook after heavy claims from earthquakes in Japan and New Zealand took their toll in the first quarter.
