German business morale
deteriorated more than expected in May due mainly to a plunge in
services sector confidence, a survey showed, suggesting that
Europe's largest economy is losing steam after solid growth at
the start of the year.
Deutsche Bank Chairman Paul Achleitner on Thursday signaled cuts are in store at Germany's largest lender and that the chief executive would soon elaborate on the topic at the bank's annual general meeting.
Former Secretary of State Rex Tillerson told lawmakers that Russian President Vladimir Putin was more prepared than President Donald Trump for their meeting in Hamburg, Germany, putting US officials at a disadvantage, a Democratic House Foreign Affairs committee aide told CNN Wednesday.
Two Hong Kong residents wanted for rioting have been granted refugee status in Germany, in a major blow to the city's international reputation as fears grow of shrinking political freedoms in the semi-autonomous Chinese zone.
Top-seeded Yulia Putintseva of Kazakhstan saved three set points in the first set and went on to defeat Mona Bathel 7-6 (8), 6-1 on Wednesday to reach the quarterfinals of the Nurnberger Versicherungscup in Germany.
Germany has granted refugee status to two Hong Kong activists facing rioting charges at home, they said on Wednesday, apparently the first time Germany has acknowledged such status for democracy campaigners from the Chinese-ruled city.
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