European markets fall as investors weigh UK inflation data, look to Fed rate decision
LONDON — European markets fell on Wednesday as investors considered key data from the region and looked to the U.S. Federal Reserve interest rate decision.
Sophie Kiderlin in asian news
Commerzbank and UniCredit hold talks as takeover prospect looms
Commerzbank and UniCredit began initial talks Friday, with the German bank on the defensive over a potential takeover after its Italian counterpart unexpectedly increased its stake earlier this month.
Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle
Commerzbank announced Tuesday it has picked 10-year veteran, and current Chief Financial Officer Bettina Orlopp to helm the bank as chief executive as it seeks to fend off a potential hostile takeover from Italian bank UniCredit.
Pictures show floods ravaging Central and Eastern Europe as death toll rises
Floods brought on by days of heavy rainfalls have been ravaging countries including Poland, Romania, the Czech Republic and Austria, with thousands of people being evacuated as the death toll rises.
Once the envy of the world, Germany's car brands now weigh heavily on its struggling economy
Germany's car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. Owning a German car was a luxury and status symbol. And carmakers were thriving, boosting the country's economy.
'A declaration of bankruptcy': Unions lash out as Volkswagen weighs possible German plant closures
Volkswagen's management went toe-to-toe with workers on Wednesday, outlining the need to take "joint responsibility" in a bid to turn things around at the crisis-stricken German automotive giant.
Germany's fragile coalition dealt fresh blow as far right lands first state win since World War II
The ruling coalition in Berlin is likely to struggle onward until a nationwide vote next year, according to political commentators, following a historic state election win for the far-right AfD over the weekend.
European stocks end August at record high after volatile start to the month
LONDON — European markets closed higher on Friday, the last trading day of August, as investors considered inflation data from around the world.