Latest news with #DB
Yahoo
6 days ago
- Business
- Yahoo
Deutsche Bank (DB) Tapped to Help Channel EU Defense Funding in Strategic Partnership
Deutsche Bank AG (NYSE:DB) is . On June 11, the bank inked a strategic partnership with the European Union lending arm. As part of the deal, Deutsche Bank will be one of the banks that will be used to channel $3.4 billion in defense funding. Aerial view of a futuristic banking service hall with hundreds of terminals and kiosks. The European Investment Bank is to leverage the bank's channels to provide €500 million in liquidity to small and medium-sized enterprises in the defense and security sector. The deal comes as the trading block increases investments in strengthening military capabilities in response to soaring Russian aggression. The bloc has already set up a €150 billion instrument to provide cheap loans to national governments. The funds will be channeled through Deutsche Bank and other regional banks. Deutsche Bank AG (NYSE:DB) is a global financial services provider offering various products and services, including corporate banking, investment banking, private banking, and asset management. They serve a diverse client base, including corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. While we acknowledge the potential of DB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
13-06-2025
- Sport
- Yahoo
Fans Concerned for Indiana Fever Star After Missing Practice Before Liberty Game
Fans Concerned for Indiana Fever Star After Missing Practice Before Liberty Game originally appeared on Athlon Sports. The Indiana Fever are scheduled to play against the New York Liberty on Saturday afternoon at Gainbridge Fieldhouse in Indianapolis. Advertisement Both Fever guards Caitlin Clark and Sophie Cunningham are expected to make their comeback after both being absent for two weeks due to injuries. Clark had been recovering from a strain on her left quad that she endured during the Fever's last game with the Liberty on May 24, while Cunningham was out due to an ankle injury she got during a preseason game against the Atlanta Dream. IndyStar sports journalist Chloe Peterson posted a video to X of the Fever practicing this afternoon, with the caption "CC and Sophie Cunningham working in practice once again. DB is out again today for personal reasons." According to Fox Sports, WNBA veteran DeWanna Bonner missed Friday's practice session, and Fever head coach Stephanie White said that "she doesn't anticipate that the forward will be with the team for Saturday's matchup." Peterson reported that she has been out due to personal reasons. Advertisement "She's doing as well as she can be," White told ESPN. "We're going to continue to support her and give her the time that she needs." Many fans were concerned about DB's absence and sent their regards to her on social media. "aw db ☹️," a fan who quote-tweeted Peterson's post wrote. "i hope everything's okay." "Aww hope DB is okay! 🙏🏽🩷," another quote-tweeted the original post. "Omg what's happening with DB, hope all is good," a Fever fan commented. "Was DB out yesterday too?" one fan asked on X. "Hope all is well." One user simply wrote, "Prayers for DB." Another fan quote-tweeted, "I hope DB is okay 💔." Advertisement "man i hope everything's okay with DB," a Clark fan account quote-tweeted on X. DeWanna Bonner (25) celebrates with Sydney Colson (51) and Lexie Hull (10)Trevor Ruszkowski-Imagn Images Since joining the Fever in February via free agency, Bonner quickly made history by becoming the third all-time leading scorer in WNBA history. Though her scoring started slow, with just eight points across her first three games, Bonner bounced back with a 21-point performance against the Washington Mystics. Through nine games, she's averaged 7.1 points, 3.8 rebounds and 1.6 assists per game. Fans can watch the Fever go against the Liberty on Saturday at 3:00 p.m. ET. Related: Fever Fans Are All Saying the Same Thing About DeWanna Bonner's Fit on the Team This story was originally reported by Athlon Sports on Jun 13, 2025, where it first appeared.
Yahoo
13-06-2025
- Business
- Yahoo
Germany's shift to rail freight stagnates
Germany has made scant progress over recent years in its bid to shift more freight transport off the roads and onto rail, according to a report released on Friday. In 2023, the share of rail freight in total goods transport even dipped slightly to just under 20%, down 0.3 percentage points on 2022, the Monopolies Commission found in its latest sector report. "A shift to rail can therefore only be observed to a small extent," the report said. It also noted an overall decline in the movement of goods last year, not only on the railways, attributing this mainly to cyclical reductions in demand and cost increases. The previous German government of Olaf Scholz set itself the goal of transporting around a quarter of all goods by rail - considered to be more energy efficient and sustainable - by 2030. However, the new conservative-led coalition government under Chancellor Friedrich Merz, which took office in May, no longer maintains that target. "Rail's share of total transport performance falls short of political expectations," wrote the authors of the sector report. "The positive competitive developments of recent years are stagnating." The Monopolies Commission called on the new government to formulate clear political objectives with regard to the railways. It should also monitor more closely how Germany's state-owned Deutsche Bahn (DB) railway network uses the billions of euros it is expected to receive from a planned special fund for infrastructure. "Otherwise, there is a risk that the funds will be used where they strengthen the competitive position of DB's own transport companies," the report said. An independent monitoring body with proven expertise was needed to ensure that the funds end up where they bring the greatest economic benefit, the authors added.
Local Germany
12-06-2025
- Business
- Local Germany
Germany's Deutsche Bahn to end discounted family seat reservations
From June 15th, families of up to five will no longer be able to reserve seats together for just €10.40 in second class. The price of individual seat reservations will also increase by €0.40. As a result, a family of four will now have to pay €22 to sit together on a train ride – over twice as much as previously. The decision has been criticised by politicians from across the political spectrum, as well as environmental groups. Many argue the new pricing structure will push families to drive instead of taking the train, undermining both environmental sustainability and the attractiveness of rail travel. 'Families with children, in particular, depend on reserved seats,' said Kerstin Haarmann, chairwoman of the VCD transport group. 'They are now facing another effective price increase.' Advertisement DB says the changes are necessary to shore up its financial position. Last year, the rail operator posted a €1.8 billion loss. It is now in the midst of a restructuring program known as S3, which involves investment but also cost savings. Unlike in previous cases such as the attempted removal of printed arrival timetables from train stations, which was swiftly overturned after public outcry, DB says it will not reverse course. What is changing from June 15th First class reservations are rising to €6.90, up from €6.50 Second class reservations now cost €5.50, up from €5.20 The discounted family reservation no longer exists Children up to 14 will continue to travel free when accompanied
Yahoo
11-06-2025
- Business
- Yahoo
FTSE 100 LIVE: Stocks rise as traders await UK spending review and US-China trade update
The FTSE 100 (^FTSE) and European stocks crept up on Wednesday morning as chancellor Rachel Reeves prepared to deliver the government's spending review, outlining day-to-day departmental budgets for the next three years. It has already been confirmed that defence spending will rise to 2.5% of national income by 2027, and there are reports of an extra £30bn for the NHS. Traders are also awaiting details of the US-China trade agreement and confirmation that it will satisfy both US president Donald Trump and his Chinese counterpart Xi Jinping. Negotiators have agreed on a framework of how to implement the deal reached at talks in Geneva last month. The main details came from commerce secretary Howard Lutnick, who said: 'We do absolutely expect that the topic of rare earth minerals and magnets' will be resolved and that export controls implemented by the US should come down as China approves relevant export licences. China's trade representative Li Chenggang said the US and Chinese delegations will now take the proposal back to their respective leaders, with Lutnick noting that 'once the presidents approve it, we will then seek to implement it'. London's benchmark index (^FTSE) was 0.2% higher in early trade — this takes the index towards its record high of 8,908 points set in March before trade war turmoil hit the markets. Germany's DAX (^GDAXI) rose 0.1% and the CAC (^FCHI) in Paris headed 0.3% into the green The pan-European STOXX 600 (^STOXX) was up 0.05%, hovering just above the flatline Wall Street is set for a negative start as S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all in the red. The pound was 0.1% down against the US dollar (GBPUSD=X) at 1.3487 Follow along for live updates throughout the day: US and Chinese negotiators have agreed on a framework of how to implement the agreement reached at talks in Geneva last month. The main details came from commerce secretary Lutnick, who said: 'We do absolutely expect that the topic of rare earth minerals and magnets' will be resolved and that export controls implemented by the US should come down as China approves relevant export licenses. China's trade representative Li Chenggang added that the US and Chinese delegations will now take the proposal back to their respective leaders, with Lutnick noting that 'once the presidents approve it, we will then seek to implement it'. Jim Reid at Deutsche Bank (DB) said: Stocks in Asia were higher overnight, supported by hopes for improved trade relations with the US, with the Nikkei (^N225) rising 0.6% on the day in Japan, thanks to a boost for tech stocks. Meanwhile the Hang Seng (^HSI) climbed 0.8% in Hong Kong, the Shanghai Composite ( was 0.5% up by the end of the session, and the KOSPI (^KS11) also advanced 1.2%, reaching a new 11-month high. Early morning data showed that producer prices in Japan increased by 3.25% year-on-year in May, a deceleration from a revised 4.1% rise the previous month. This fell short of the market consensus of 3.5%, and the lowest annual rate observed since last September. Across the pond on Wall Street, the S&P 500 (^GSPC) rose 0.6%, and the tech-heavy Nasdaq (^IXIC) was 0.6% higher. The Dow Jones (^DJI) also gained 0.3%. Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. In day ahead traders will be looking out for the US May CPI release as well as the federal budget balance data. Also worth mentioning that the US 10-yr treasury auction will be held. We'll also get the Canada April building permits. In terms of central bank speakers, we'll hear the ECB's Lane and Cipollone speak. Here's a quick snapshot of what's on the agenda for today: 7am: Trading updates: Fuller, Smith & Turner, Molten Ventures, VP Group, Ramsdens 12pm: US weekly mortgage applications data 12.30pm: Chancellor Rachel Reeves to deliver UK spending review 1.30pm: US inflation report for MayUS and Chinese negotiators have agreed on a framework of how to implement the agreement reached at talks in Geneva last month. The main details came from commerce secretary Lutnick, who said: 'We do absolutely expect that the topic of rare earth minerals and magnets' will be resolved and that export controls implemented by the US should come down as China approves relevant export licenses. China's trade representative Li Chenggang added that the US and Chinese delegations will now take the proposal back to their respective leaders, with Lutnick noting that 'once the presidents approve it, we will then seek to implement it'. Jim Reid at Deutsche Bank (DB) said: Stocks in Asia were higher overnight, supported by hopes for improved trade relations with the US, with the Nikkei (^N225) rising 0.6% on the day in Japan, thanks to a boost for tech stocks. Meanwhile the Hang Seng (^HSI) climbed 0.8% in Hong Kong, the Shanghai Composite ( was 0.5% up by the end of the session, and the KOSPI (^KS11) also advanced 1.2%, reaching a new 11-month high. Early morning data showed that producer prices in Japan increased by 3.25% year-on-year in May, a deceleration from a revised 4.1% rise the previous month. This fell short of the market consensus of 3.5%, and the lowest annual rate observed since last September. Across the pond on Wall Street, the S&P 500 (^GSPC) rose 0.6%, and the tech-heavy Nasdaq (^IXIC) was 0.6% higher. The Dow Jones (^DJI) also gained 0.3%. Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. In day ahead traders will be looking out for the US May CPI release as well as the federal budget balance data. Also worth mentioning that the US 10-yr treasury auction will be held. We'll also get the Canada April building permits. In terms of central bank speakers, we'll hear the ECB's Lane and Cipollone speak. Here's a quick snapshot of what's on the agenda for today: 7am: Trading updates: Fuller, Smith & Turner, Molten Ventures, VP Group, Ramsdens 12pm: US weekly mortgage applications data 12.30pm: Chancellor Rachel Reeves to deliver UK spending review 1.30pm: US inflation report for May
