Articles by Germany

  • Siemens May Cut Thousands Of Jobs, Bad Sign For Germany

    August 21 2012 9:33 AM

    Siemens AG (NYSE: SI), Europe?s largest engineering company, is in early internal talks to slash thousands of jobs after posting quarterly results that came in sharply below analysts? estimates, a German newspaper reported Tuesday.

  • Glencore Won't Pay More For Xstrata, Despite Qataris' Demand

    August 21 2012 8:38 AM

    Glencore International PLC (LON: GLEN), a commodity trading company based in Baar, Switzerland, has said it is prepared to bow out of talks to buy Xstrata PLC (LON: XTA) rather than give in to a demand for more money from a major shareholder of the giant mining company.

  • Home Prices Fall Around The World, But Unevenly: Economist

    August 21 2012 5:56 AM

    The real estate erosion has gone global. Home prices are down in 12 of 21 countries tracked by the Economist on an annual basis in July, and five additional countries experienced slower growth.

  • Asian Stock Markets End Mixed

    August 21 2012 4:56 AM

    Asian stock markets were mixed Tuesday as investors await the minutes of the Federal Open Market Committee (FOMC) and the outcome of the European leaders' discussions about the sovereign debt crisis in the region later this week.

  • Ethiopian Prime Minister Meles Zenawi Dies At 57

    August 21 2012 4:42 AM

    Meles Zenawi, the influential prime minister of Ethiopia died Monday at the age of 57 from an undisclosed illness ending weeks of speculation about his health, the Ethiopian state television announced Tuesday.

  • Asian Shares Firm Up On ECB Hopes Despite Uncertainty

    August 20 2012 8:50 PM

    Asian shares edged up Tuesday as investors held on to hopes the European Central Bank will act to soothe borrowing costs, even as officials denied a report about the shape of its planned bond buying strategy.

  • Bundesbank Warns Germans Of Costs Of Propping Up Europe

    August 20 2012 8:35 PM

    Germany's central bank warned Monday that Europe's biggest economy could be stressed by the continent's endless financial crisis, with signs of a slowdown building even as it is being relied on ever more to prop up its neighbors

  • Weekly Summary on USD, EUR, GBP, JPY, AUD, CAD, MXN and RMB

    August 20 2012 2:02 PM

    The dollar has consolidated within its recent ranges as global financial markets begin the week in the red. Trading volumes remain relatively low with much of Europe shut down for the summer holidays, which in turn has left currency markets listless and choppy. Investors remain focused on developments in the ongoing European debt crisis as well as the prospects for future economic growth in the US for the second half of the year. As of late, domestic data has been mixed, but has been generally s...

  • Murder For Profit: German War Graves Being Desecrated To Retrieve Nazi Memorabilia

    August 20 2012 2:00 PM

    Most collectors claim they are simply military historians, and not neo-Nazis.

  • Little League World Series 2012: Watch FREE Live Stream Online, Preview for Aug. 20 Games

    August 20 2012 12:36 PM

    Five 2012 Little League World Series games are scheduled for Aug.20. Here?s how to watch a free live stream online for each contest.

  • Rabbis, Israeli Minister, Blast Apple For Carrying Anti-Semitic App

    August 20 2012 11:49 AM

    European rabbis as well as Israel?s Minister of Public Diplomacy have criticized Apple (Nasdaq: AAPL) for publishing and selling an Arabic-language app of ?The Protocols of the Elders of Zion,? probably the best-known anti-Semitic forgery.

  • ?Call of Duty: Black Ops 2? Wii U Release Outed On LinkedIn, Zombie Mode Will ?Blow Your Mind,? Mark Lamia Says [VIDEO]

    August 20 2012 11:25 AM

    Treyarch and Activision?s upcoming ?Call of Duty: Black Ops 2? be may be released on the Wii U, according to a recent clue published on social networking career site LinkedIn.

  • 3 United Airlines Flights Make Emergency Landings Over The Weekend

    August 20 2012 11:07 AM

    By the time the clock hit midnight Sunday, three United Airlines flights had made emergency landings over the weekend, stranding passengers and leaving others wondering whether the airline, which recently merged with Continental, was in the midst of a rocky marriage.

  • London Session: Headline risk stirs up the euro, yet again

    August 20 2012 7:22 AM

    This is gearing up to be a fairly busy week. Not only do we have FOMC minutes, RBA minutes, the first readings of August PMI for the Eurozone and China, GDP for Norway and the second reading of Q2 GDP for the UK, but Eurozone politicians are back from their holidays, which have increased the chance of headline risk.

  • Gold, Silver and Oil Price Outlook

    August 20 2012 4:31 AM

    According to thee latest report from the World Gold Council, demand for Gold fell to 999 metric tons in Q-2 of Y 2012, down more than -7% from the same period last year and -10% from Q-1. During Q-2, Gold price moved largest sideways within the range of 1500 and 1700. The lack of direction in price sent mixed signals to investment, leading to mildly net outflow of ETF and similar investment during the period. Geographically, China and India are still the largest consumer of the metal, accounting...

  • Asian Stocks Fall But Stimulus Hopes Persist

    August 20 2012 1:49 AM

    Asian stocks fell Monday as it became apparent to investors that Europe's policymakers were still lingering on taking decisive action to contend with the euro zone debt crisis.

  • Currency Focus: Weekly FOREX Commentary | 20th August, 2012

    August 19 2012 8:50 PM

    Despite moderate support across U.S equities, the Australian dollar trajectory turned sharply south on Friday with the AUDUSD pair crossing the downside of various points of support, before bottoming out just above 104-figure.

  • Weekly Fundamentals - Brent Slipped as US Plans Release of SPR

    August 19 2012 3:52 PM

    For the past week, bad economic data released in major economies surprisingly sent financial markets higher. While such reaction appeared peculiar, this was driven by market expectations of further stimulus from central banks. Investors largely believed that disappointing economic data would add pressure to policymakers so that they would feel the urgency of adding (unconventional) monetary easing measures.

  • Germany, U.K. Reported To Secretly Aid Syrian Rebels

    August 19 2012 3:01 PM

    Spies from Germany and the U.K. have been engaging in covert operations to help Syria?s rebel forces topple President Bashar al-Assad?s regime, according to reports from British and German press, just as U.N. observers end a failed mission to monitor the violence.

  • Another United Flight Forced to Return To Newark

    August 19 2012 1:24 PM

    A second United flight departing Newark in as many days has had to make an emergency landing Sunday morning.