DAX weaker at the start of the week despite robust ifo Business Climate Index - UniCredit increases direct stake in Commerzbank - Orsted plunges double digits after US construction halt for offshore wind farm - US government acquires 9.9% stake in Intel - Keurig Dr Pepper announces acquisition offer for JDE Peet's!

After the DAX closed firmer last Friday, following friendly US markets, it shows somewhat clearer declines at the start of the week. After a weak opening, the DAX managed to stabilize somewhat in the course of the day following solid data on the ifo Business Climate Index . The ifo Business Climate Index for August was slightly above expectations at 89.0 points (consensus: 88.8 points). By noon, the German benchmark index was down by -0.43% , remaining under pressure. The biggest losers at the start of trading include heavyweights from the wind...