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Commerzbank

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Commerzbank meets important criteria for DAX membership

UPDATE 1-Commerzbank meets important criteria for DAX membership Updates with details, background FRANKFURT, Jan 30 (Reuters) - Germany's Commerzbank CBKG.DE said on Monday that it met an important profit criteria to join Germany's benchmark DAX index of blue-chip stocks. Commerzbank, still partially owned by the German government after a bailout more than a decade ago, was expelled from the DAX index in 2018. The bank said its earnings before interest, taxes, depreciation and amortization (EBIT
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Commerzbank meets important criteria for DAX membership

Commerzbank meets important criteria for DAX membership FRANKFURT, Jan 30 (Reuters) - Germany's Commerzbank CBKG.DE said on Monday that it met an important profit criteria to join Germany's benchmark DAX index of blue-chip stocks. The bank said its earnings before interest, taxes, depreciation and amortization was 3.371 billion euros ($3.66 billion) in 2022, coming in at a positive figure for a second consecutive year.
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Euro zone bond yields rise after hawkish ECB remarks

UPDATE 3-Euro zone bond yields rise after hawkish ECB remarks Updates prices, adds context By Stefano Rebaudo Jan 26 (Reuters) - Euro zone yields rose on Thursday after recent comments from European Central Bank officials, but they were still far from their recent highs as investors price in a lack of strong hawkish signals from the ECB for its policy meeting next week.
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Microsoft cloud outage hits users around the world

UPDATE 7-Microsoft cloud outage hits users around the world Outage impacts Microsoft cloud platform Azure for hours Multiple Microsoft services including Teams and Outlook hit Microsoft says most customers now have service restored Shares down 3.2% Updates shares, adds comment By Akriti Sharma Jan 25 (Reuters) - Microsoft Corp MSFT.O said on Wednesday it had recovered all of its cloud services after a networking outage took down its cloud platform Azure along with services such as Teams and Outl
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Euro zone bond yields fall after PMI, focus on ECB

UPDATE 3-Euro zone bond yields fall after PMI, focus on ECB Adds U.S. economic survey details, updates prices By Stefano Rebaudo and Harry Robertson Jan 24 (Reuters) - Euro zone government bond yields fell on Tuesday, as investors tried to assess the European Central Bank's (ECB) future monetary tightening path. Analysts said German government bonds had factored in recent declines in inflation, but had not yet adjusted to an improvement in growth prospects, leaving room for yields ro rise again.
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