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German hard line on Italy may rebound with Deutsche in crisis


FRANKFURT Germany's insistence that Italy accept tough conditions in tackling its problem lenders may rebound now that Berlin faces a banking crisis of its own.


Bundesbank sees no need for global stimulus as recovery on track 30 Sep 2016

FRANKFURT Germany's central bank sees no need for a new global stimulus package as it expects the world's economy to continue to recover, Bundesbank board member Andreas Dombret said on Friday.


Cheer for brewers as bigger hops harvest looms in Germany 30 Sep 2016

HAMBURG Europe's brewers should soon enjoy an improved supply of the key beer ingredient hops, as a much larger harvest is expected in Germany, ending shortages that have plagued the industry in recent months, the head of a top global hops trading house said.


Deutsche Bank admits 'perception issue' as shares slide 30 Sep 2016

BERLIN Deutsche Bank shares were indicated down 6.2 percent ahead of the opening of the Frankfurt market on Friday, after Germany's largest lender admitted it had an image problem with investors as fresh concerns over its stability emerged.


HeidelbergCement relaxed about Brexit, had good August in UK 30 Sep 2016

STUTTGART, Germany Germany's HeidelbergCement is seeing strong business in the UK and is more worried about the economic effects if Donald Trump wins the U.S. presidential election than it is about Brexit, its chief executive said on Friday.


AXA, Allianz vie for StanChart's general insurance distribution deal - sources 30 Sep 2016

SINGAPORE/HONG KONG France's AXA and Germany's Allianz SE have advanced to the second stage of bidding for a Standard Chartered deal that would enable the sale of general insurance products through the bank's Asian branches, people familiar with the matter said.


Germany's Commerzbank cuts nearly 10,000 jobs, halts dividend 30 Sep 2016

FRANKFURT Germany's Commerzbank will cut more than a fifth of its workforce and suspend its dividend as it tackles the challenges of low interest rates, weak profits and the shift to online banking. | Video

Germany's Steinmeier urges Russia to support lasting ceasefire in Syria 29 Sep 2016

BERLIN Germany's foreign minister urged Russia on Thursday to do more to bring about and enforce a lasting ceasefire in Syria, saying the situation there had escalated into "a humanitarian catastrophe."


Neo-Nazi murder suspect breaks silence, rejects ideology at trial 29 Sep 2016

BERLIN The lone surviving suspect in a neo-Nazi murder trial that has shaken Germany said in her first remarks in court on Thursday that she had disavowed the ideology behind the crime and condemned the killing spree she is accused of being involved in.


Germany may decide soon on smaller transport planes - defence minister 29 Sep 2016

BERLIN Germany's defence minister says a decision may be made soon on acquiring smaller military transport planes to cover a serious gap in capabilities once the Transall transporter leaves service in 2021.