· 3h
US equities falter while Germany and euro digest election results
Euro nudges up briefly as conservatives in Germany win elections
Euro Looks Expensive Given German Election Risks
The euro trades at high levels given the risks surrounding Germany’s election result, Monex Europe analysts say in a note. Friedrich Merz pledged to remake the country’s security arrangements and achieve independence from the U.
Spain to send $1.08 billion in military support
Bulgaria, European Union and Protest
EU approves $960 million in German aid
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EU approves 920 million euro German aid for Infineon chips plant
Brussels signs off on German subsidies for Infineon microchip plant
Infineon gets EU nod for €920M German aid for chip facility
The European Commission has approved a €920M German aid to Infineon Technologies (OTCQX:IFNNY) (OTCQX:IFNNF) to help build a new semiconductor manufacturing plant in Dresden. The measure will allow Germany-based Infineon to complete the MEGAFAB-DD project which will be able to produce a range of different types of chips,
The USL division that could bring promotion and relegation to US soccer. Plus: The 16-year-old who scored in Europe on debut
The pound is rising by 0.3% against the dollar but is falling 0.2% against the euro after the German vote too. Stay with us for everything that matters to UK markets.
Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros ($1.26 billion), two sources with direct knowledge of the matter said on Friday.
The euro rose to a one-week high against the U.S. dollar on Thursday as news that Washington aims to begin talks with Russia to end the war in Ukraine overshadowed a hotter-than-expected U.S. consumer prices reading overnight.
Saudi Arabia is preparing its debut in the green bond market this week. If it goes ahead, it will become the second Gulf sovereign to have issued in the format. The kingdom is planning to issue green seven year and conventional 12 year paper in euros — a currency that it has not printed in since early 2021.
Euro zone industrial production shrank by more than expected in December, indicating that the sector's two-year recession is far from over even if some sentiment and order figures have pointed to bottoming out.
Yes, it's an unlikely origin, but every trend starts somewhere, and this one is all the rage across the league.
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