GERMANY

More news
Frankfurt Airport Lufthansa

German Air Transport Disrupted By Strike

The strike by baggage handlers and ground staff affiliated with the Ver.di union has also led national carrier Lufthansa to cancel hundreds of flights at Germany's largest airports.
IBTimes Logo

Euro zone debt crisis far from over: OECD

The euro zone's public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc's banks remain weak, debt levels are still rising and fiscal targets are far from assured.
IBTimes Logo

Hitachi says aims to cut costs 5 percent by 2015/16

Japan's Hitachi Ltd <6501.T> said on Tuesday that it aimed to cut annual operating costs by 5 percent in four years, enabling the company to invest more in its growing infrastructure and telecommunications businesses.
IBTimes Logo

Asian Shares Up, Dollar Down On Bernanke Statement

Asian stocks rebounded Tuesday and the dollar eased after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment even though the U.S. economy has shown signs of improvement.
IBTimes Logo

BMW recalls 1.3 million cars worldwide

BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.
IBTimes Logo

Merkel: Greek euro exit would be catastrophic

Greece's exit from the euro would be a catastrophic political and economic mistake that would severely weaken Europe's single currency bloc, German Chancellor Angela Merkel said in a BBC interview broadcast on Monday.
IBTimes Logo

US Stocks Edge Up On Hopes For Fed Action

Wall Street's gains came after positive remarks on the U.S. labor market by Federal Reserve Chairman Ben Bernanke and upbeat economic data from Germany that offset a soft reading on the U.S. housing market.
A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Eurozone PMI Drops: Is It A Blow For ECB Operations?

Hopes that the European Central Bank’s operations would help to facilitate a meaningful pick-up in the euro-zone economy were dealt a blow by the release of March’s flash Purchase managers Index surveys according to Capital Economics.
Workers wait in front of the Opel plant of Bochum

Opel May Close Two European Factories - Reports

Rumors of factory closings swirl around General Motors Co.'s German subsidy Opel, even as the company leads the way in sales of its electric Ampera, the European version of the Chevy Volt.
Ben Bernanke

This Week’s Economic Events: Bevy Of Fed Speakers

This week - March 26 to 30 - will highlight Wednesday's durable goods report and a busy policy calendar, including the core of the Federal Open Market Committee: Chairman Ben Bernanke and New York Fed President William Dudley. Wall Street will be closely monitoring the Fed officials' speeches, hoping to find clues of their latest views on the economic, inflation and policy outlooks.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.