Deutsche Bank bounces back
Shares in Deutsche Bank jumped on Thursday after Germany's largest lender bounced back into black with a surprise fourth-quarter profit, where analysts had been predicting a loss. The boost also buoyed full year net profits, which more than doubled to 1 point 7 billion euros.
EU and Athens put out feelers
"We should be able to find common ground."-- Those were the words of the President of the European Parliament Martin Schulz, during his visit to Greece on Thursday. He is the first high-ranking European offical to visit Athens after Greeks voted in a party at odds with the country's EU creditors.
Germany's clean shipping pursuit
The heavy polluters of the high seas are exploring unchartered waters. The first ocean carrier in Germany is converting one of its ships to run on liquefied natural gas. The switch to the cleaner energy source is expensive, but makes business sense in the long-run.