Investors say Turkey stands out positively among emerging markets, source says
Turkish Finance Minister Mehmet Simsek met with investors at a Deutsche Bank-organised investor meeting in London on Thursday and participants…
A $40 bln valuation would rank Revolut alongside Europe’s biggest banks
British fintech Revolut is seeking a valuation of more than $40 billion through a planned share sale, sources have told…
Foreign banks target Switzerland after UBS takeover of Credit Suisse
As Credit Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to…
German business sentiment unexpectedly darkens in June, Ifo says
German business morale unexpectedly fell in June amid increasing pessimism about the performance of Europe’s largest economy, a survey of…
EU tariffs on China not a ‘punishment’, says German economy minister
Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in…
German industry lobby sees China talks over tariffs as ‘good sign’
The head of Germany’s industry lobby on Monday expressed relief that China and the European Union are to hold talks…
The German recovery is still stuttering
The latest batch of German confidence indicators still points to a very anaemic recovery of the German economy after the…
Downturn in UK factory orders eases but export demand weak, CBI survey shows
British manufacturing orders contracted in June at a reduced pace compared with a month earlier, despite a sharp drop in…
German economy minister says EU open for talks on China tariffs
Germany’s Economy Minister Robert Habeck said during his visit to China on Saturday that the European Union’s door is open…
Consumer-focused lending under Labour could dent UK bank profits
Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power,…