Network operator Deutsche Telekom reported Thursday tumbling profits but higher revenues in 2018, saying the smaller bottom line was down to the previous year's one-off lift from US tax cuts and sticking to its forecasts for 2019. Net profit at the Bonn-based giant fell 37.4 percent, to...

Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s sanctions on Iran and Venezuela. U.S. West Texas Intermediate (WTI) crude oil futures hit 2019...

Germany and France agreed Tuesday on a strategy to create European industrial "champions" and to seek changes in EU competition rules that now prevent blockbuster mergers of homegrown groups. The push for a common industrial initiative came after the EU's veto of an Alstom-Siemens rail...

Estonia's banking watchdog FSA said Tuesday it has ordered Denmark's largest lender Danske Bank to close its local branch within eight months, following a money laundering scandal. Investigators in Copenhagen, Brussels, London and the United States are probing some 200 billion euros ($226...