GERMANY

BAE Systems Plc , Europe's biggest defense contractor, will pay around $450 million in fines to end a long-running corruption investigation on both sides of the Atlantic.

Iran has been using delaying tactics instead of taking action to resolve the dispute over its nuclear programme, German Foreign Minister Guido Westerwelle said on Friday.

The outlook for recovery in most of the world's major economies improved in December but the indicator for China dipped slightly, according to an OECD survey released on Friday.

Facing the most severe economic strains since its birth 11 years ago, the euro zone looks likely to hold together for now but the exit of some of its weaker members cannot be ruled out in the long term.

Deutsche Telekom is considering spinning off or launching an IPO for T-Mobile, its U.S. wireless business, the Wall Street Journal reports.

The S&P 500 is dropping at a slower rate in afternoon trading after getting hammered in the morning session, although it is still on pace to post its worst trading session in 2010.

Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.

Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.

Toyota Motor Corp expects costs and lost sales from its massive safety recall to total $2 billion by the end of March, keeping it in the red for the year despite its strongest profit in six quarters.

A U.S. military helicopter crashed in woods in South- western Germany on Wednesday, killing at least two people, German police said.

Iran must make real concessions over its nuclear programme and not just talk about it, German Foreign Minister Guido Westerwelle said on Wednesday.

German solar company Phoenix Solar will strive to pay a dividend even though painful cuts in solar incentives are looming in Germany, the company's chief executive told Reuters.

President Mahmoud Ahmadinejad said on Tuesday Iran was ready to send its enriched uranium abroad in exchange for nuclear fuel, and a U.S. official said Washington was prepared to listen if Iran was making a new offer to break an impasse over its disputed nuclear program.

Airbus and buyer nations have intensified efforts to strike a deal this week over the funding of Europe's delayed A400M military transporter, exhausted by months of wrangling, sources close to the talks said.

Shares in UBS fell to their lowest level since July on Monday after the justice minister underscored the risk to the Swiss economy should the bank's settlement of a U.S. tax dispute unravel.

German politicians were divided at the weekend over whether to buy the bank data of up to 1,500 possible tax evaders with accounts in Switzerland that media say an informant has offered to sell authorities.

Commerzbank's Chief Executive cautiously welcomed Barack Obama's proposals for tougher banking rules, as politicians and regulators accuse bankers of dragging their feet on financial reform.

No successor has yet been lined up to follow UBS chief executive Oswald Gruebel, the chairman of the Swiss bank's executive board was quoted as saying in a newspaper interview on Saturday.

All parties involved in talks on the future of the Airbus A400M military transporter are trying to reach a deal as soon as possible, a spokesman for Germany's defense ministry said on Friday.

Global investors cut back on equities in January in the face of worries about the economy, potentially tighter monetary policy and in reaction to last year's stellar gains.

Several franchise holders of McDonald's Corp's German unit have accused the world's largest hamburger chain of trying to force them out of their contracts, the Wall Street Journal reported. The restaurant operators said McDonald's used private investigators and offered jobs to franchise employees in exchange for information needed to terminate franchise holders' contracts, the J...