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German shares edge down Friday

FRANKFURT, Aug. 14 (Xinhua) -- German stocks edged down on Friday, with the benchmark DAX index down 92.37 points, or 0.71 percent, to close at 12,901.34 points.


French shares drop 1.58 pct on Friday

PARIS, Aug. 14 (Xinhua) -- French shares lost on Friday, with the benchmark Paris CAC 40 down 1.58 percent, or 79.45 points, to close at 4,962.93 points.


Parts of Germany's COVID-19 stimulus package damage domestic economy: think tank

BERLIN, Aug. 14 (Xinhua) -- Parts of Germany's stimulus package in response to the COVID-19 crisis would damage the domestic economy because over 40 billion euros (47.3 billion U.S. dollars) of the subsidies had to be "viewed critically," according to a study released Friday by Germany's economic think tank Kiel Institute for the World Economy (IfW Kiel).


Turnover of tourism giant TUI plummets by 98.5 pct in April-June

BERLIN, Aug. 13 (Xinhua) -- Turnover of TUI plummeted by 98.5 percent year-on-year to 72 million euros (85 million U.S. dollars) in the third quarter (Q3) of the company's fiscal year from April to June, the Germany-based tourism giant announced on Thursday.


EU says to intensify efforts with U.S. to resolve aircraft dispute

BRUSSELS, Aug. 13 (Xinhua) -- The European Union (EU) will intensify its efforts with the United States to put an end to the aircraft dispute, the EU's Trade Commissioner Phil Hogan said on Thursday.


German shares rise 0.86 pct Wednesday

FRANKFURT, Aug. 12 (Xinhua) -- German stocks gained on Wednesday, with the benchmark DAX index up 111.74 points, or 0.86 percent, to close at 13,058.63 points.