GERMANY

IBTimes Logo

Nickel's fate depends on China

Nickel prices largely depend on global steel demand, which is low in the west and up in China and India now. So, the fall in demand from auto makers in the west and a huge rise in China have complicated the nickel prices. Some 65% of nickel goes into making stainless steel.

Iran official: German diplomats involved in riots

IBTimes Logo
Iranian media reported on Wednesday that two German diplomats were detained last month due to involvement in anti-government protests, but Berlin said it was unaware any of its staff in Iran had been arrested.
IBTimes Logo

Asia stocks fall on China jitters, yen gains

Asian stocks fell for the ninth straight day on Wednesday on fears that China's heightened efforts to rein in soaring credit growth could hamper the global economic recovery.
More news
IBTimes Logo

Asia shares slump on China loan curb fears

Asian stocks slid on Tuesday, with Taiwan suffering its worst one-day fall in six months, as fears mounted that China could impose further measures to curb soaring loan growth, potentially dampening a global recovery.
IBTimes Logo

EU probes BHP, Rio iron JV for competition impact

EU regulators launched an investigation into whether a planned $116 billion iron ore production joint venture between BHP Billiton and Rio Tinto, criticised by steelmakers, will curb competition. Rio, the world's second-largest iron ore producer, and BHP, the third-largest, said they would keep their marketing separate to try to ease regulatory concerns when they unveiled the agreement to combine their Western Australian iron ore operations in December.
IBTimes Logo

Duke Energy unit to buy 14 megawatt solar project

Power company Duke Energy said its commercial business unit, Duke Energy Generation Services (DEGS), agreed to buy a 14 megawatt Blue Wing Solar Project from juwi Solar Inc, a unit of Germany's juwi Holding AG.
IBTimes Logo

EU opens probe into BHP, Rio iron jv

European Union regulators opened an antitrust investigation on Monday into a planned $116 billion (71.8 billion pounds) iron ore production joint venture between BHP Billiton and Rio Tinto.
IBTimes Logo

HP to launch music service in Europe

Hewlett-Packard, the world's biggest maker of PCs, will launch a digital music service across key European markets on Monday, hoping to benefit from consumers' rising appetite for new types of music download services.
IBTimes Logo

Berlin plans G20 financial oversight meeting

Germany will host a meeting of the Group of 20 nations in May to focus efforts on reforming financial regulation in the wake of new U.S. proposals for governing banks, a finance ministry spokesman said.
IBTimes Logo

Tech group to launch digital music file successor

A leading technology company is set to launch a new digital music file format which will embed additional content for fans including lyrics, news updates and images in what could be a successor to the ubiquitous MP3 file.
IBTimes Logo

No progress in A400M funding talks -source

Talks between Airbus and European nations over a possible rescue package for the troubled A400M military transporter ended in stalemate with no new proposals, a source familiar with the discussions told Reuters.
IBTimes Logo

Obama bank plan wins tentative support in Europe

France, Britain and Germany offered support on Friday for President Barack Obama's plan to limit banks' size and trading activities but fell short of pledging to follow suit on the proposal that has stunned world markets.
IBTimes Logo

Dramatic Obama bank plan wins some backing in Europe

France, Britain and Germany offered some support on Friday for U.S. President Barack Obama's plan to curb banks' size and trading activities, which has stunned markets and could rewrite the world's financial order.
IBTimes Logo

Airbus, buyers adjourn tough A400M talks

Airbus and seven European NATO nations adjourned crucial talks over the troubled A400M military transporter plane until Friday and a source close to the talks said they remained far apart on a possible rescue package.
IBTimes Logo

GM to close Belgian Opel plant this year

Belgian Opel workers learned the Antwerp plant will close this year, with the loss of 2,600 jobs, as U.S. car maker General Motors said it would make labor and capacity cuts at all its European sites.
IBTimes Logo

Global growth to blossom on stimuli, Asian strength

Global growth is set to blossom this year on the back of resurgent Asian economies and as the world's richest nations emerge from the deepest recession since the Second World War, according to a Reuters poll.
IBTimes Logo

Auditor blasts EADS over A400M

Airbus parent EADS does not have adequate systems in place to monitor costs on its troubled A400M military plane project, buyer nations have been told, putting pressure on the planemaker ahead of crucial talks on Thursday.
IBTimes Logo

Germany unveils 15 percent solar subsidy cut

German Environment Minister Norbert Roettgen proposed a 15 percent cut in support for new roof-mounted solar power, a bid to ease the industry toward free competition but a slightly smaller reduction than expected.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.