Germany News
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Updated 19 minutes ago
The yen strengthened for the first time in three days against the dollar and European stocks were little changed before a Federal Reserve meeting that may clarify the outlook for U.S. monetary stimulus. Oil approached $100 a barrel for the first time since September.
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Updated 24 minutes ago
Deutsche Annington Immobilien AG, Germany’s largest residential landlord, plans to raise about 1.1 billion euros ($1.5 billion) in the second initial public offering in the country’s real estate industry this year.
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Updated 1 hour, 4 minutes ago
Germany’s government bonds rose for the first time in three days as investors weighed what Federal Reserve Chairman Ben S. Bernanke will say about the central bank’s asset-purchase program at a press conference today.
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Updated 48 minutes ago
Germany’s commercial links to China give Frankfurt an advantage over other financial centers competing to become yuan trading hubs, said Deutsche Bank AG co- Chief Executive Officer Juergen Fitschen.
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Updated 12 minutes ago
Zurich’s auction houses are attracting a growing number of international buyers for Swiss art, reflected in higher prices for artists including Ferdinand Hodler, Albert Anker and the Giacometti family.
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Updated 18 minutes ago
European stocks fluctuated between gains and losses as investors awaited the conclusion of the Federal Reserve’s policy meeting for indications on stimulus measures. U.S. index futures were little changed while Asian shares climbed.
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Updated 54 minutes ago
H. Lundbeck A/S, the Nordic region’s second-largest drugmaker, was fined 93.8 million euros ($125.6 million) by the European Union over agreements with other companies that held back sales of cheaper generic drugs.
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Updated 1 hour, 5 minutes ago
Germany got bids for 6.14 billion euros ($8.22 billion) of 10-year bonds, compared with a 5 billion-euro target, the Bundesbank said in a statement.
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Updated 48 minutes ago
Banks should be allowed to repackage assets such as loans and sell them on to investors to maintain the flow of credit to the economy, said Deutsche Bank AG co- Chief Executive Officer Juergen Fitschen.
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Updated 1 hour, 48 minutes ago
About one in 10 people living in Germany are producing solar power, the German Solar Industry Association said.
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