GERMANY

French carmaker PSA Peugeot Citroen Peugeot and German counterpart BMW plan to invest 100 million euros in a hybrid technology joint venture, the two companies said on Monday.

Irrespective of whether the new government will be able to renegotiate a better bailout deal, the outlook for the country remains grim owing to looming fiscal squeeze and waning consumer confidence.Irish outlook to remain grim even if Fine Gael wins better bailout deal

The full text of resolution 1970 (2011) adopted by the UN Security Council on Feb. 26, 2011 imposing sanctions on Libya.

President Barack Obama has called Moammar Gaddafi to step down as leader of Libya, citing that the regime’s brutal crackdown on protesters questions the legitimacy of his rule

Following are details of countries evacuating nationals and employees from Libya or closing operations because of the political turmoil.

Monetary policy makers must closely watch emerging inflation tensions to head off any decline in expectations for price stability, European Central Bank Governing Council member Mario Draghi said on Saturday.

The Development Bank of Seychelles (DBS) will issue a five-year bond worth 50 million rupees with a 6 percent coupon, central bank said on Friday.

Germany's parliament will vote in mid-March on a motion opposing most of potential solutions to Europe's debt crisis, possibly tying Chancellor Angela Merkel's hands ahead of a summit aimed at agreeing a deal.

Britain's economy suffered an even sharper slump than expected at the end of last year and would have shrunk slightly even without December's bad weather, official data showed on Friday.

Deutsche Telekom expects stagnating earnings this year as it joined the league of major European telecom operators struggling to defend their dominance on their home turf.

U.S. stock markets ended mixed in a volatile session on Thursday as oil prices eased and encouraging job data helped the market to stabilize in the final hours.

Top-seed Roger Federer and Australian Open champion Novak Djokovic overcame tough opening sets to reach the semi-finals of the Dubai Tennis Championships on Thursday.

Former Alaska Governor and potential 2010 Republican Presidential candidate Sarah Palin has blasted the White House and Barack Obama for not showing more support for the Libyan people in their demonstrations against Moammar Gaddafi.

A controversial German banker who has long criticized Germany’s welfare system as a drain on society apparently has a son who receives state benefits.

Commodity analysts at Nomura Holdings Inc. said. Brent crude prices could double to $220 per barrel in the coming weeks if Libya descends into an all-out civil war and further shuts down oil production in the country.

Astronomers at the European Southern Observatory have found a companion to a star that is clearing out part of a dust cloud, the first time anyone has seen a planet in the process of formation.

Top lawyers are deserting Howrey en masse and are joining rival law firms in search of greener pastures.

The U.S. Food and Drug Administration (FDA) has cleared the first test for the preliminary identification of norovirus that cause the “stomach flu,” or gastroenteritis.

The price of oil crude oil futures touched $100 per barrel for the first time since October 2008 on deepening worries over the political chaos and violence in oil-rich Libya.

The two most powerful members of the European Union (EU), France and Germany, have threatened to strike Libya with sanctions in response to Moammar Gaddafi’s brutal crackdown on protesters. Such sanctions would eventually lead to the cancellation of all economic and business ties between Libya and the EU.

Chancellor Angela Merkel's Defence Minister admitted in parliament on Wednesday flaws in his doctoral dissertation that is at the centre of a plagiarism affair weighing on her government.