German stocks – Factors to watch on July 6
The top DAX-30 should open 0.1 percent on Thursday, according to preliminary Lang & Schwarz brokerage data at 0612 GMT.
Preliminary conclusions from this week’s Group of 20 major economies recognize the isolation of the United States from opposing the Paris climate agreement but accept the cooperation of the G20 to reduce emissions through The innovation, a source of the G-20.
The United States warned on Wednesday it was willing to use force if necessary to stop the North Korean nuclear missile program but said it preferred a global diplomatic action against Pyongyang for challenging the world powers by testing a ballistic missile that could reach To Alaska.
Russia has delivered electric turbines manufactured by Germany’s Siemens in the Crimea, a region subject to EU sanctions that prohibit EU companies to provide energy technologies, three sources with knowledge of the delivery told Reuters.
On the other hand, Siemens Gamesa said it had won a contract to supply 94 wind turbines with a capacity of 752 MW to Dong Energy.
G20 leaders will discuss steel overcapacity at this week’s summit in Germany, EU officials said, as tensions increase over the project of US President Donald Trump used a law of the Cold war era to restrict steel imports for reasons of national security.
Airbus has urged the German government to have national companies receive a significant part of a contract worth almost 4 billion euros for the next generation of heavy-duty military helicopters.
In addition, the company said it had entered into exclusive negotiations to sell Vector Aerospace to StandardAero.
The German media giant is in exclusive speeches to buy the TV channel Sport1 Constantin Medien, said two people familiar with the situation Wednesday. Axel Springer offers more than 80 million euros (91 million dollars) for the sports platform, they said.
Fraport intends to open Pier G at Frankfurt airport by low-cost airlines in 2020, before starting Terminal 3 operations in 2023, Chief Executive Stefan Schulte told the daily Die Welt. By 2020, there are 68 to 70 million passengers in Frankfurt, including low-cost traffic.
The Australian unit of the CIMIC group said it had sold its 23.6% stake in Macmahon Holdings 46.86 million (35.6 million dollars), which, he said, would generate profits.
The biotechnology company said it had received grants for a two-year period from IFB Hamburg to identify and develop therapeutic antibodies against new checkpoints on immune T cells to improve future cancer treatments.
German industrial orders rebounded less than expected in May, according to data released on Thursday, but the Economy Ministry said it hoped that this sector of Europe’s largest economy continues to pick up momentum.