The economy shrank in the second quarter and is likely to shrink in the following one, analysts said. They blame trade tensions. Source: NYT > Business – Jack Ewing
Merger Talks of Deutsche Bank and Commerzbank Roil Emotions
A proposed deal is meeting resistance from labor, regulators and some shareholders. But there is also political momentum in Germany for a tie-up. Source: NYT > Business – JACK EWING and MELISSA EDDY
Merkel Staying Out of Merger Talks Between Germany’s Top Banks
A potential merger between Deutsche Bank and Commerzbank is a private economic affair and the government should stay out of it, Chancellor Angela Merkel said. Source: NYT > Business – MELISSA EDDY