Madeline Chambers

3 weeks ago | gurutrade.com | Madeline Chambers |Rachel More

BERLIN, April 2 (Reuters) - German plant and equipment makers' orders increased unexpectedly in February, boosted by strong domestic demand in a difficult climate, the VDMA association said on Wednesday. Overall orders rose 8% in February compared with the same month last year in real terms, with German contracts jumping 11%. Foreign orders as a whole rose 7% as bookings from the euro zone increased 4% and contracts from countries outside the currency union were up 9%, said the VDMA.

3 weeks ago | gurutrade.com | Madeline Chambers |Kirsten Donovan

Sentiment edges up to -24.5 points First survey since Feb. 23 election Willingness to save holding back improvement Fast government formation needed, says analyst BERLIN, March 28 (Reuters) - German consumer sentiment is broadly unchanged heading into April, with a focus on saving highlighting uncertainty among households after last month's election in Europe's biggest economy, a survey indicated on Friday.

1 month ago | gurutrade.com | Ludwig Burger |Madeline Chambers

FRANKFURT, March 20 (Reuters) - Commerzbank hasn't had talks with UniCredit since the Italian lender last week got approval from the European Central Bank for taking a stake of just under 30%, Commerzbank CEO Bettina Orlopp said on Thursday. Chief Executive Officer Orlopp said that the banks had talked in an investor meeting after the bank's capital markets day it held in February.

1 month ago | today.westlaw.com | Madeline Chambers |Alexander Huebner |Tom Sims |Matthias Williams

FRANKFURT (Reuters) -A consortium that includes Allianz, BlackRock and T&D Holdings are investing in Viridium Group in a 3.5 billion euro ($3.82 billion) deal that will see the private equity company Cinven exit as a majority investor, the companies...

1 month ago | gurutrade.com | Madeline Chambers

ZURICH, March 4 (Reuters) - Swiss chocolate maker Lindt & Spruengli will increase its prices in the double digit percentage range during 2025 to offset high cocoa prices, Chief Financial Officer Martin Hug said on Tuesday. Lindt increased it prices by 6.3% in 2024, but that was not enough to offset the steep price increase for cocoa beans, he said. "Going forward we will need further price increases....