GERMANY

German Finance Minister Wolfgang Schaeuble announced on Friday that Europe will soon decide on a candidate to become the next chief of the International Monetary Fund (IMF), reports said

Strauss-Kahn was widelly known for being a womanizer. He admitted to an affair with a Hungarian subordinate at the IMF and often sent flowers and notes to female journalists he fancied.

John Lipsky—Acting Managing Director, International Monetary Fund delivered the following speech at Annual Meeting of the Bretton Woods Committee on May 19, 2011.

Deutsche Bank AG denied in court that it conspired to cause the collapse of German media mogul Leo Kirch's business empire that led to years of legal battles.

Hawker Beechcraft and Group Lotus promotion begins this week at the European Business Aviation Convention and Exhibition and continues through June 30

German Chancellor Angela Merkel told BBC that she will back a European candidate to head the International Monetary Fund, following the resignation of Dominique Strauss-Kahn.

Google has announced that it is trying to fix a vulnerability exposed in Android phones by a group of researchers at a German university which allows hackers to get hold of a user's contact and calendar data over open Wi-Fi network.

U.S. and Hong Kong named as the most competitive countries in the world, according to data from “2011 World Competitiveness Yearbook”, released by by the Lausanne-based Institute for Management Development (IMD).

Pippa Middleton, sister of Catherine, Duchess of Cambridge, has revealed the secret behind her greatly toned body in a testimonial at Parson's Green Pilates Studio in London.

Deutsche Bank Chief Executive Josef Ackermann will appear in a Munich court on Thursday to testify in one of the lawsuits brought against the bank by fallen German media mogul Leo Kirch.

Daimler AG was ordered on Wednesday to face a U.S. lawsuit alleging it participated in the kidnapping, torture and death of Mercedes-Benz workers in Argentina's Dirty War three decades ago.

Trade judges on Wednesday partially overturned a ruling that had accused EU states of giving Airbus illegal subsidies, but said the aircraft maker did receive billions of dollars of unfair aid that harmed Boeing.

Minutes from the last FOMC meeting held April 26-27, 2011.

The World Trade Organization appellate body has handed the United States a definitive victory in its long-running case against European subsidies for Airbus, U.S. officials said on Wednesday.

The IMF warned Greece on Wednesday that a drive to shore up its troubled finances would fail unless Athens redoubled its reform efforts, and the ECB hit back at suggestions a debt restructuring might be the solution.

Spot Gold prices rallied against all major currencies on Wednesday morning, hitting $1491 per ounce and rising 1.2% from yesterday's eight-day low as stock and commodity markets also gained.

The IMF warned on Wednesday that Greece's drive to shore up its troubled finances would fail unless it sharply accelerated reforms, and the ECB hit back at suggestions a debt restructuring might be the solution.

World stocks climbed off four-week lows on Wednesday and the euro recovered some ground against the dollar as investors sought bargains in recently hard-hit markets.

The broadening euro zone recovery means the need for economic or monetary stimulus is fading, European Central Bank policymaker Juergen Stark said on Wednesday, adding there needs to be a realization that a euro zone bail out is forbidden.

Asia shares rose from a six-week low Wednesday, led by consumer stocks, but disappointing U.S. data have made some investors reluctant to follow commodity prices higher, containing a bounce in risky assets from currencies to oil.

German researchers have discovered that nearly all Android phones have an authentication flaw that could allow hackers to steal digital credentials over open wireless networks.