Deutsche Bank to cut 3,500 jobs and reward shareholders
Deutsche Bank (DBKGn.DE) said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest pitch to investors that its turnaround remains on track.
The ...
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German manufacturing downturn eases in January
The downturn in Germany’s manufacturing sector, which accounts for about a fifth of the country’s economy, eased in January, a survey showed on Thursday.
The HCOB final Purchasing ...
US said to back strikes on Iran targets in Iraq, Syria as Gaza truce hopes rise
The planned targets for U.S. strikes in Iraq and Syria in response to the killing of three U.S. soldiers by a drone in Jordan include “Iranian personnel and ...
Biden imposes sanctions on Israeli settlers accused of West Bank violence
The Biden administration on Thursday imposed sanctions on four Israeli men it accused of being involved in settler violence in the West Bank, signaling growing U.S. displeasure with the ...
Algeria pushes UN Security Council to demand Gaza ceasefire
Algeria has drafted a U.N. Security Council resolution to demand an immediate humanitarian ceasefire between Israel and Hamas, a move that the United States – a council veto power – opposes ...
Ukrainian army chief sets out priorities in article amid uncertainty over his future
Army chief Valeriy Zaluzhnyi laid out a set of priorities for Ukraine and named challenges blighting the country’s war effort in an opinion piece published on Thursday after several ...
Panama launches probe into missing Catholic cardinal, last seen 2 days ago
Prosecutors in Panama have launched an investigation into the whereabouts of Roman Catholic Cardinal Jose Luis Lacunza, according to a post on X, who has not been seen in two ...
Hamilton in shock switch to Ferrari in 2025
Seven-times world champion Lewis Hamilton, Formula One’s most successful driver of all time,will race for Ferrari from 2025 after activating a release option in the Mercedes contract he signed ...
Financial rules keep teams quiet in January window
Newcastle United have been quiet in the January transfer window despite their desire to sign a midfielder, but having to sell to buy amid tighter financial regulations and trepidation over ...
Farmers’ anger spreads in Europe, governments promise help
Farmers threw eggs and stones at the European Parliament in Brussels on Thursday, started fires near the building and set off fireworks as they demanded EU leaders do more to ...
Clashes erupt at Greek protest against education reform
Greek police fired teargas and briefly clashed with protesters outside parliament on Thursday during demonstrations against plans to let foreign private universities operate in the country.
Thousands of students and ...
Kremlin says the West is trying to demonise Russia
The Kremlin said on Thursday that European officials talking up the prospect of a war with Russia were seeking to demonise Moscow as an enemy and warned that the United ...
Turkey still interested in Eurofighters despite progress on US F-16s
Turkey is still interested in buying 40 Eurofighter Typhoon jets, a Turkish defence ministry official said on Thursday after the United States advanced the $23 billion sale of its F-16 fighter jets ...
EU summit agrees on Ukraine aid, overcoming Hungary’s objections
European Union leaders unanimously agreed on Thursday to extend 50 billion euros ($54 billion) in new aid to Ukraine, the chairman of the summit said, overcoming weeks of resistance from Hungary and ...
Hamas unlikely to reject ceasefire but will demand Israeli withdrawal
Hamas is unlikely to reject a Gaza ceasefire proposal it received from mediators this week, but will not sign it without assurances that Israel has committed to ending the war, ...
Wall Street explores novel ways to repackage bank loan risk
A financial product that enables banks to shed risk from loan portfolios is gaining more popularity among lenders in the United States, with investors and lawyers devising new structures to ...
Oil buoyed higher by US rate cut expectations
Oil prices rose on Thursday, supported by signals from the US Federal Reserve on a possible start to rate cuts and on new support measures for China’s embattled property ...
Finnish workers begin two days of strike action over labour reforms, welfare cuts
Some 290,000 Finnish workers began two days of strike action on Thursday to protest against the right-wing government’s planned labour market reforms and proposed cuts to social welfare.
Companies and ...
Greek same-sex wedding bill allows couples to dream, at last
When Yolanda Kalantzi and Georgia Ampatzidou fell in love eight years ago, they said the idea of getting married was “science fiction” in deeply conservative Greece, where LGBT+ couples cannot ...
Dollar rises as March Fed cut bets unwind, euro at seven-week low
The euro hit a seven-week low on Thursday as the dollar rose after Federal Reserve Chair Jerome Powell pushed back against bets of a US rate cut as soon as ...
Russian oil flows through Red Sea still face lower risks
Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and ...
Taylor Swift at Super Bowl could be a game time decision
Kansas City Chiefs tight end Travis Kelce is sure to be in Las Vegas for the Feb. 11 Super Bowl showdown with the San Francisco 49ers but whether his girlfriend, mega-pop ...
Europe’s angry farmers fuel backlash against EU ahead of elections
In the last 12 months, the cost of running Jean-Marie Dirat’s lamb farm in southwest France has jumped by 35,000 euros ($38,000), driven up by increasingly expensive fertilisers, fuel, electricity and pesticides.
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F1 rejects Andretti-Cadillac bid to join grid … for now
Formula One rejected a bid by American Michael Andretti and Cadillac to join the grid in 2025 or 2026 but left open the possibility of admission in 2028.
Andretti’s effort to become ...