Metro’s Real hypermarket sale triggers talk of Amazon interest

By Emma Thomasson and Matthias Inverardi BERLIN, Sept 14 : German retailer Metro AG plans to sell its struggling Real hypermarket chain, which some analysts say could fetch around 1 billion euros ($1.2 billion) and attract interest from potential buyers including online giant Amazon. Foreign players have shunned the cut-throat German grocery market, which is […]

German bond yields rise to more than two-week highs on upbeat Ifo

By Dhara Ranasinghe LONDON, Aug 27 : Germany’s benchmark 10-year bond yield rose to its highest level in more than two weeks on Monday, reversing early falls after a stronger-than-expected German business sentiment survey added to signs of an improving outlook for the euro zone economy. The Munich-based Ifo economic institute said its business climate […]