By Tom Sims
FRANKFURT (Reuters) -Big investors in Deutsche Bank vented their frustration at Germany's top lender on Thursday, describing problems at its Postbank business as a trust-damaging embarrassment.
The complaints at Deutsche's annual general meeting follow the bank's disclosure that a long-running lawsuit claiming that it underpaid for its purchase of Postbank could cost up to 1.3 billion euros ($1.4 billion).
Andreas... (continue reading...)
ROME (Reuters) - Italy's hard-right League on Thursday said it wanted to change the law and remove the European Union flag from public offices, looking to bolster its eurosceptic credentials ahead of EU parliamentary elections next month.
League leader Matteo Salvini, whose electoral fortunes have waned in recent years, has dusted off a radical platform to lure eurosceptic electors and boost support for his party which is part of Prime Minister Giorgia... (continue reading...)
By Thomas Escritt
BERLIN (Reuters) - Authorities in Germany and Spain have searched premises linked to a German legislator who is suspected of receiving bribes and money laundering and was identified by German media as far-right politician Petr Bystron.
Bystron, who is running in next month's European Parliament elections, did not immediately comment on the searches. He has denied allegations widely reported by media that he was paid for... (continue reading...)
By Nidal al-Mughrabi and Ari Rabinovitch
CAIRO/JERUSALEM (Reuters) - Israel's tanks pushed into the heart of Jabalia in northern Gaza on Thursday, facing anti-tank rockets and mortar bombs from militants concentrated there, while in the south, its forces pounded Rafah without advancing, Palestinian residents and militants said.
The slow progress of Israel's offensive, more than seven months after it was prompted by Hamas' deadly... (continue reading...)
(Reuters) - Deere trimmed its annual profit forecast for the second time on Thursday, as farmers buy fewer tractors and combine harvesters due to falling crop prices.
The world's largest farm equipment maker said it now expects fiscal 2024 net income of about $7 billion, compared with its prior forecast of $7.50 billion to $7.75 billion.
The U.S. Department of Agriculture has forecast net farm income to slide 25.5% to $116.1 billion... (continue reading...)
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