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Coalition partner attacks Merkel over 'feeble' re-election bid

German Chancellor Angela Merkel's coalition partners on Monday accused her of running out of ideas after she announced she would stand for a fourth term in next year's parliamentary election. The center-left Social Democrats (SPD), junior partner to Merkel's conservatives in their ruling...

Deutsche Bank confirms chairman Achleitner nomination

Deutsche Bank's (DBKGn.DE) supervisory board unanimously nominated chairman Paul Achleitner for a second term, a spokesman of Germany's biggest lender confirmed on Monday. "It is true that Deutsche Bank's supervisory board has unanimously nominated Paul Achleitner for reelection at the...

Obama offers bleak assessment of situation in Syria

U.S. President Barack Obama said on Sunday that chaos in Syria could persist for "quite some time" and that Russian and Iranian support for President Bashar al-Assad's air campaign had emboldened the Syrian leader's crackdown on rebels. "I am not optimistic about the short-term prospects in...