financetom
Business
financetom
/
Business
/
Germany's Merz expresses support for EU plan to protect steel industry
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Germany's Merz expresses support for EU plan to protect steel industry
Nov 6, 2025 6:27 AM

BERLIN, Nov 6 (Reuters) - German Chancellor Friedrich

Merz has signalled support for an EU plan to protect the bloc's

steel sector after a summit in Berlin to thrash out proposals

for supporting the domestic steel industry.

"There are proposals at the European level, and we agree

that we want to support them," Merz said after the meeting that

brought together producers, German states and trade unions.

"The debate even turned to whether we could accelerate the

whole process with France," Merz said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
WPP taps Microsoft exec Rose to rebuild ad group
WPP taps Microsoft exec Rose to rebuild ad group
Jul 10, 2025
* Rose to become CEO on Sept. 1 * Announcement comes after major profit warning * WPP ( WPP ) shares have lost 48% so far this year (Adds background and CEO quote paragraph 6-11) By Sarah Young LONDON, July 10 (Reuters) - Britain's WPP ( WPP ) named board member Cindy Rose as its new chief executive on Thursday,...
Japan's Seven & i posts stronger profit boosted by overseas convenience stores
Japan's Seven & i posts stronger profit boosted by overseas convenience stores
Jul 10, 2025
TOKYO (Reuters) -Japan's Seven & i Holdings ( SVNDF ) said on Thursday operating profit rose 9.7%% in the March to May quarter, beating analyst estimates, boosted by stronger performance at its overseas convenience stores. Profit was 65.1 billion yen ($445.19 million). That compared with an estimate of 58 billion yen from six analysts polled by LSEG. Seven & i...
Uniqlo operator Fast Retailing 9-month profit rises 12.2%
Uniqlo operator Fast Retailing 9-month profit rises 12.2%
Jul 10, 2025
TOKYO (Reuters) -Japan's Fast Retailing, owner of the Uniqlo clothing brand, on Thursday posted a 12.2% rise in nine-month operating profit. Operating profit was 451 billion yen ($3.08 billion) in the nine months to May 31, against the consensus forecast of 458 billion yen, based on a LSEG poll of five analysts. The company kept its full-year forecast at 545...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved