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Europe News Germany

  • May 21- Hunstman Corp and Clariant AG are set to announce their merger on Monday, creating a chemical manufacturer with a market value of more than $14 billion, people familiar with the matter said on Sunday. The deal would combine Clariant, a Muttenz, Switzerland- based maker of aircraft de-icing fluids, pesticide ingredients and plastic coloring, with Woodlands,...

  • BERLIN, May 20- Health ministers of the G20 leading economies, meeting for the first time on Saturday, agreed to work together to tackle issues such as a growing resistance to antibiotics and to start implementing national action plans by the end of 2018.. Germany, which holds the G20 presidency this year, said it was an "important breakthrough" that all nations had...

  • ZURICH, May 20- The European Central Bank will need to "show backbone" when inflationary pressure rises in the eurozone although an expansive policy remains justified for now, ECB Governing Council member Jens Weidmann told an Austrian newspaper. The victory of centrist, pro- Europe candidate Emmanuel Macron in France's presidential election has reduced...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • *Russia, China worst affected by WannaCry attack. FRANKFURT, May 19- French researchers said on Friday they had found a last-chance way for technicians to save Windows files encrypted by WannaCry, racing against a deadline as the ransomware threatens to start locking up victims' computers first infected a week ago. The group includes Adrien Guinet, who works as a...

  • *Russia, China worst affected by WannaCry attack. The group includes Adrien Guinet, who works as a security expert, Matthieu Suiche, who is an internationally known hacker, and Benjamin Delpy, who helped out by night, in his spare time, outside his day job at the Banque de France. "We knew we must go fast because, as time passes, there is less chance to recover," Delpy said...

  • *RWE, Engie studying options with bankers, advisers. FRANKFURT/ PARIS, May 19- RWE and Engie are studying a possible share swap that could create a Franco-German giant in power grids, renewables and energy services with a market value of about 50 billion euros. An Engie-RWE alliance would represent a breakthrough as the first truly cross-border utility in Europe...

  • NEW YORK, May 19- The U.S. dollar was poised on Friday for its worst week since April 2016 against a basket of major currencies, having given up much of the gains made since Donald Trump was elected U.S. president. Uproar over Trump's recent firing of FBI director, James Comey, who was overseeing an investigation into possible links between the president's team and...

  • BERLIN— The Latest on Europe's response to the large number of refugees and migrants trying to reach the continent:. Organizations from Qatar and the Netherlands are joining forces to get 6,000 Syrian refugees into higher education courses, a move aimed at helping them integrate in the countries where they live now and rebuild their own nation if they are able...

  • *RWE, Engie studying alliance with bankers, advisers. *No investment bank mandates given, CEOs not in talks. FRANKFURT/ PARIS, May 19- RWE and Engie are studying a possible share swap that could create a Franco-German giant in power grids, renewables and energy services with a market value of about 50 billion euros.

  • LONDON, May 19- The dollar was on track to record its worst week against a basket of currencies since July on Friday, having given up almost all the gains made since Donald Trump, now surrounded by political worries, was elected U.S. president last year. Uproar over Trump's firing of James Comey as FBI director and allegations, repeatedly denied, of links between the...

  • BERLIN— German Chancellor Angela Merkel says the European Union will need mechanisms to deal with new rules in post-Brexit Britain that might distort competition. Merkel told a conference of family-owned companies Friday that there will be a "price" for Britain's departure from the EU if it doesn't accept free movement of EU citizens— "we will have to see how we...

  • FRANKFURT, May 19- Germany could make it easier to hire and fire senior bankers in what would be a rare exception to its strict labour rules, an ally of Chancellor Angela Merkel said, as Frankfurt seeks to attract finance groups from London after Brexit. "I have discussed this with the German chancellor, Angela Merkel, and she is supportive, as is the finance ministry,"...

  • FRANKFURT/ PARIS, May 19- Germany's RWE and France's Engie are studying with their investment banks alliance options, one of which would involve RWE swapping part or all of its majority stake in renewables and grids firm Innogy for a minority stake in Engie, four investment banking sources said. No active talks between the top executives of the two firms are under...

  • BERLIN— Germany's Parliament has passed new measures making it easier to deport migrants whose asylum applications have been denied, and monitor and control those deemed dangerous. In a law passed late Thursday night, Germany's migration agency will be allowed to evaluate cellphone data of migrants who arrive without proper documents, and permitted to...

  • Aside from South Africa and Nigeria, governments have not yet done enough to develop capital markets that would have allowed them to raise more money in their own currencies, investors say. United Nations trade body UNCTAD estimates that Africa's external debt stock rapidly grew to $443 billion by 2013 through bilateral borrowing, syndicated loans and bonds.

  • *WannaCry infections still at high levels in China, Russia- report. FRANKFURT, May 18- Two-thirds of those caught up in the past week's global ransomware attack were running Microsoft's Windows 7 operating system without the latest security updates, a survey for Reuters by security ratings firm BitSight found. Researchers are struggling to try to find early...