Result Page 532 for Germany news & latest pictures from ibtimes.com

Germany, France, Netherlands to buy Greek bonds: MEP

Germany, France and the Netherlands plan to buy Greek bonds to help Athens cope with a severe debt crisis, a German member of the European Parliament told Greek television on Saturday.

Greece must take more measures or face sanctions: report

Greece must take further measures to reduce the deficit or it will face sanctions, Eurogroup chairman Jean-Claude Juncker was quoted as saying by a Greek newspaper.

Crude Oil Hits Ceiling in Week as Hedge Funds Attack Euro

Crude oil broke through the $80 a barrel ceiling repeatedly during the week but kept falling back as hedge funds placed big bets on the Euro's decline. The fiscal drama in Greece held global markets hostage much of the week as worries about the impact of the Greek crisis on the euro outweighed comments from Federal Reserve chairman Ben Bernanke about continued low interest rates in the U.S., pushing the euro down against the dollar and damping crude prices.

German official denies report on aid for Greece

Germany and France have agreed to help Greece sell bonds in return for stronger efforts by Athens to slash its budget deficit, a Greek newspaper said on Saturday, but a senior German official denied the report.

More news

EU pressures Google over Street View

European Union privacy regulators are urging Google to make changes in the way it executes goes about its controversial Street View program, adding to its legal worries in Europe.

Bayer's 'A' rating would withstand major deal: CFO

Bayer's outgoing finance chief said the German drugs-to-chemicals company would not put its current credit rating at risk even if it launched a multi-billion euro takeover.

Panicked Canadians getting giddy for gold

The panic that gripped Canada a few days ago swung to giddy optimism on Thursday as the men's ice hockey team's path to the Olympic gold suddenly looked a lot less daunting.

Greek PM to visit Germany, seeks EU solidarity

Greece's prime minister called on Friday for more solidarity from the European Union over the country's debt crisis and announced plans to visit Germany, whose backing would be vital for any EU financial aid.

Greek PM says economic crisis confirmed worst fears

Prime Minister George Papandreou on Friday vowed to ignore the political costs and take drastic measures to pull Greece out of a debt crisis threatening the stability of the euro zone.

Germany survives scare on rare lean day

Germany survived a scary moment on the world's fastest track in the women's Olympic bobsleigh competition and endured a rare day without a medal at Whistler's Sliding Center on Wednesday.

Hockey gods and bobs make it Canada's day

The Canadian men restored order in their Olympic ice hockey house and headed to the semi-finals after a 7-3 rout of Russia on Wednesday, a day of redemption and medal manna from heaven for the host nation.

Swiss shun untaxed cash, seek fix to black money

Switzerland said it would no longer accept untaxed money into its banks as it tries to ease pressure on its $2 trillion offshore banking industry from key trading partners seeking to boost tax revenues.

Haggling delays 3.5 billion euro A400M bail-out

After agreeing to pump in 3.5 billion euros ($4.7 billion) to save the troubled Airbus A400M military plane project, the buyer nations have postponed a final deal.

SolarWorld 2010 outlook disappoints, weak 2009 EBIT

SolarWorld disappointed markets by giving a weak outlook as the sector's crisis finally hit the giant long believed to be invulnerable.

Swiss say will no longer accept untaxed money

Switzerland will no longer accept untaxed money into its banks as it tries to ease pressure on its $2 trillion offshore banking industry from key trading partners seeking to boost tax revenues, it said on Thursday.

Coca-Cola close to buying its largest bottler

Coca-Cola Co is in talks to buy most of its largest bottler for roughly $15 billion, including debt, marking a shift in its strategy to keep its bottling operations separate, a person familiar with the situation said on Wednesday.

GM to wind down Hummer after China sale fails

ral Motors Co will wind down its Hummer SUV line after failing to complete a deal to sell the brand to China's Sichuan Tengzhong Heavy Industrial Machinery, the automaker said on Wednesday.

Canada guns for Russia in superpower showdown

Canada stormed into the Olympic men's ice hockey quarter-finals on Tuesday while Switzerland and the Czech Republic were pushed to the limit and Slovakia battled to a bloody victory over Norway.

Games enthralled by day of raw emotion on ice

Canada's Olympic inquisition was put on ice after an extraordinary day of raw emotion at the Vancouver Winter Games on Tuesday.

Oil slips on weak recovery signs

Oil shed over 30 cents to near $78.50 on Wednesday as investors fretted over signs of weakness in any global recovery and waited for U.S. figures later for clearer indications on crude inventories and imports.

U.N. narcotics board warns of prescription drug abuse

The International Narcotics Control Board (INCB) also pointed to a rise in the use of so-called date rape drugs, as sexual abusers try to get around more rigorous controls with substances not banned by international drugs laws.

Asia shares fall on U.S. jitters, Bernanke eyed

Asia shares fell on Wednesday as surprise declines in U.S. consumer confidence and German business sentiment fueled fears about the strength of the global economic recovery and boosted the safe-haven yen.

Crude oil drops on shaky demand outlook

The recent crude oil rally, which began on February 8 2010, ran into trouble Tuesday as global sentiments turned bearish on disappointing economic reports.

Daily Forecast - 24/2/2010

The Australian Dollar opens sharply lower on Wednesday just under US89 cents after weaker than expected U.S. consumer confidence data released overnight took the wind out of the sails of higher yielding currencies and riskier assets.

Gloomy data pushes down global markets

The U.S. stock market tracked losses of worldwide assets as Europe and the U.S. reported gloomy data on Tuesday.

Greece may decide more measures after EU inspection

Greece may decide that more measures to cut the deficit are needed after discussing its fiscal situation with visiting European Union inspectors, the finance minister said on Tuesday.