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May 4, 2021

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Germany, France, Spain aim for fighter jet agreement next week

Reuters
Germany, France and Spain have not yet found agreement over the next steps in the development of a joint fighter jet, the defence ministry in Berlin said on Saturday after a deadline to find a solution ran out a day earlier. “No agreement over the use of the intellectual property......

Roaring ‘20s economic recovery? For some it’ll be ‘Grapes of Wrath,’ top analyst warns

CNBC
CNBC – For more and to sign up click here L-R: Dorris Bowdon, Jane Darwell and Henry Fonda on the set of the film “The Grapes of Wrath” directed by John Ford based on the John Steinbeck novel of the same name. Sunset Boulevard | Corbis Historical | Getty Images......

Euro zone economy contracts in the first quarter as Covid lockdowns bite

CNBC
CNBC – For more and to sign up click here People walk past the closed iconic brasserie Les Deux Magots LUDOVIC MARIN | AFP | Getty Images LONDON — The euro zone economy contracted in the first quarter of 2021, as countries implemented new lockdowns and restrictions amid a third......

Tesla accused of environmental rule violations in U.S. and Germany

CNBC
CNBC – For more and to sign up click here A worker wearing a face covering exits a Tesla Inc. vehicle at the company’s assembly plant in Fremont, California, U.S., on Thursday, Aug. 13, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images David Paul Morris | Bloomberg | Getty Images Tesla......

Being named a UNESCO World Heritage site is a big deal — so is losing it

CNBC
CNBC – For more and to sign up click here Being named to UNESCO’s World Heritage List often brings worldwide acclaim, tourist revenue and access to international funding and expertise. But there are strings attached.   World Heritage sites are, in principle, inscribed “forever,” said Mechtild Rossler, director of the......

Police in U.S. reacting to Berlin truck incident

CBS News
CBS News – For more and to sign up click here Police in U.S. reacting to Berlin truck incident – CBS News Watch CBSN Live In response to the apparent terrorist attack at a Berlin Christmas market, authorities in the U.S. have increased security at specific sites. Chicago police are......

Porsche plans EV battery cells factory in southern Germany

Reuters
A Porsche logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse Volkswagen’s (VOWG_p.DE) luxury sports car unit Porsche AG is speeding up its e-mobility drive with plans for a German factory to manufacture battery cells for......

USWNT to face rivals Sweden at Tokyo Olympics

ESPN
The United States women’s national team have been drawn against old rivals Sweden as well as Australia and New Zealand in Group G for the Tokyo Olympic football tournament, it was announced on Wednesday. Great Britain will face Canada, Chile and hosts Japan in Group E while European champions Netherlands......

Germany CDU: Armin Laschet backed by Merkel party in chancellor race

BBC
The CDU party’s executive debated via video for six hours before making their choice, which came despite Mr Söder, the 54-year-old premier of Bavaria, having a clear lead in opinion polls. The youth wing of the two parties, the Junge Union, had thrown its weight behind him ahead of the......

Germany’s biggest political power finally chooses who will lead it into crunch election

CNBC
CNBC – For more and to sign up click here Christian Democratic Union (CDU) party chairman Armin Laschet (L) and State Premier of Bavaria and Christian Social Union (CSU) chairman Markus Soeder arrive for a joint press conference on the occasion of a closed door faction meeting of CDU and......

European stocks are still ‘very, very attractively priced’ at record highs, strategist says

CNBC
CNBC – For more and to sign up click here There’s opportunity in European stocks despite their record streak, according to one strategist. The broad-based Europe Stoxx 600 hit a record high on Thursday, rising above its February 2020 levels as earnings season kicked off and investors mulled over some......

Earnings, metal rally spur record high for European stocks

Reuters
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 14, 2021. REUTERS/Staff (Reuters) – European stocks hit a record high on Thursday as a rally in commodity prices lifted miners, while some positive earnings reports offset worries about the pace......

German COVID-19 cases jump by most since early January

Reuters
BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany jumped on Thursday by 29,426 to 3.073 million, the biggest increase since Jan. 8 as the government seeks to push through tougher nationwide curbs to try to contain a third wave of the virus. The reported death toll rose......

Defense secretary announces increase to US military presence in Germany

CNN
USA TODAY – For more and to sign up click here The US will permanently station “approximately 500 additional US personnel in the Wiesbaden area” of Germany and will be on the ground “as early as fall,” Austin said during a news conference in Berlin. “This planned increase in US......

Americans released from Iran reunite with families

CBS News
CBS News – For more and to sign up click here Americans released from Iran reunite with families – CBS News Watch CBSN Live Two of the five Americans who were freed from Iran over the weekend were reunited with their families on Monday in Germany. Elizabeth Palmer has more......

European stocks ease from record high ahead of earnings season

Reuters
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 1, 2021. REUTERS/Staff (Reuters) – European stocks eased from all-time highs on Monday as investors held off from making big bets ahead of the earnings season, while British retailers were set......

Next week crucial for Italy, EU talks over Alitalia – minister

Reuters
FILE PHOTO: Alitalia plane is seen on the tarmac after landing at Ben Gurion International airport in Lod, near Tel Aviv, Israel February 27, 2020. REUTERS/Amir Cohen/File Photo MILAN (Reuters) – Talks between Italy and the European Commission over the revamp of Alitalia will enter a key phase next week,......

German far-right AfD bids to win back voters with anti-lockdown campaign

Reuters
BERLIN (Reuters) – Germany’s far-right Alternative for Germany (AfD) cast itself as the anti-lockdown party at a weekend conference in a bid to win back support before for a September election. Almost 600 members of the party, which entered the national parliament for the first time after the 2017 election,......

Swiss watchdog asked Credit Suisse on Greensill risks: SonntagsZeitung

Reuters
FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann//File Photo/File Photo ZURICH (Reuters) – The head of Switzerland’s financial regulator FINMA questioned Credit Suisse over risks in its dealings with now-insolvent finance firm Greensill Capital “months” before......

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