Deutsche Bank says it will profit from battle for Commerzbank

BERLIN (DPA, CONVERSEER) – Deutsche Bank stands to benefit from the takeover battle surrounding German lender Commerzbank, chief executive Christian Sewing said on Tuesday. Deutsche Bank is ready to take on new customers, Sewing said at a financial conference organized by US bank Morgan Stanley, when asked about developments surrounding Commerzbank. Deutsche Bank is considering…

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Flags lowered at Bundestag in honour of trailblazing German lawmaker

BERLIN (DPA, CONVERSEER) – Flags were flying at half-mast at the German parliament on Monday in honour of late conservative politician and trailblazer Rita Süssmuth. Süssmuth, a women’s rights activist, former parliamentary speaker and prominent member of the government of ex-chancellor Helmut Kohl, passed away aged 88 on Sunday. A member of Chancellor Friedrich Merz’s Christian…

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Economy Minister of Germany seeks energy deal in Saudi Arabia

BERLIN (DPA, CONVERSEER) – German Economy Minister Katherina Reiche departed for Saudi Arabia on Saturday, where she hopes to conclude an energy partnership intended to strengthen bilateral ties. Speaking before her departure, Reiche said the planned energy partnership would include the purchase of oil and gas products from Saudi Arabia, as well as targeted investment in…

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