Germany News
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European Central Bank President Mario Draghi said his pledge to buy government bonds is helping to ensure that interest-rate cuts reach the parts of the euro-area economy that need them the most.
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SAP AG said its cloud-computing chief and founder of SuccessFactors Inc., a software provider it bought last year, is leaving the company as part of a management overhaul.
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German consumer confidence will jump to the highest in more than 5 1/2 years in June as low unemployment and receding inflation encourage households to spend, GfK AG said.
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Raiffeisen Bank International AG Chief Executive Officer Herbert Stepic offered to resign from eastern Europe’s second-biggest lender, a day after officials began a probe into his investments through offshore accounts.
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