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Stagnant German growth clouds eurozone economy
Stagnant German growth clouds eurozone economy
by  AFP

Flatlining German growth figures on Friday contrasted with positive performances in France and Spain, adding to worries that the traditional manufacturing powerhouse could become a drag on the eurozone economy. The disappointing result put Germany behind eurozone peers France and Spain, which both reported positive figures in the second quarter.

Crisis-hit NatWest bank launches review into Farage case
Crisis-hit NatWest bank launches review into Farage case
by  AFP

British bank NatWest on Friday said it had launched an independent review into its handling of arch-Brexiteer Nigel Farage, whose account it controversially shut, costing the jobs of top executives. Davies added in a media call that the group had appointed UK law firm Travers Smith to lead the review into the bank's handling of Farage.

Germany's pivotal chemicals industry gripped by crisis
Germany's pivotal chemicals industry gripped by crisis
by  AFP

Thomas Kadowsky imagined that he would keep working at the German industrial coatings plant where he had served as team leader for over 30 years until he retired. "I was completely stunned," Kadowsky, 58, told AFP. Kadowsky and 130 other people will lose their jobs with the closure of the plant next year.

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