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EGF
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Friday 9 May 2025

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Context on Markets
News Cheap robots may shift car making from China to U.S.: Magna CEO

The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters.

  • September 21, 2015
News Egypt's Sisi swears in new government, keeps ministers in key posts

Egyptian President Abdel Fattah al-Sisi kept his finance, investment and interior ministers in a new government sworn in on Saturday as he tries to rebuild an economy battered by Islamist militant violence.

  • September 19, 2015
News China 'extremely concerned' by proposed U.S. challenge to claims

China said on Friday it was "extremely concerned" about a suggestion from a top U.S. commander that U.S. ships and aircraft should challenge China's claims in the South China Sea by patrolling close to artificial islands it has built.

  • September 18, 2015
News Deutsche Bank posts announcement on closure of some Russia ops

Germany's Deutsche Bank (DBKGn.DE) posted a statement on Thursday saying it would close its corporate banking services and securities business in Russia, where it has been hit by sanctions, a downturn and investigations into share trades.

  • September 17, 2015
News Fed to dominate week of central bank meetings

The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.

  • September 16, 2015
News Deutsche Bank to close almost all Russian operations: sources

Deutsche Bank (DBKGn.DE) has decided to close its Russian operations, apart from transaction banking services, two financial sources told Reuters on Monday.

  • September 14, 2015
News Austria says army will help impose tougher border checks

Austria said on Monday it would dispatch the armed forces to help impose additional controls on its eastern border, belatedly following Germany's example as thousands of migrants streamed across its frontier from Hungary on foot.

  • September 14, 2015
News Germany says 'significant progress' made at Ukraine meeting

German Foreign Minister Frank-Walter Steinmeier said after meeting his Russian, Ukrainian and French counterparts in Berlin on Saturday that "significant progress" had been made towards a resolution of the conflict between Kiev and Moscow.

  • September 13, 2015
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