GERMANY

IBTimes Logo

Berlin confident EU partners will aid Opel - paper

A German-brokered deal to rescue Opel will not collapse due to a lack of support from other European countries hosting the carmaker's plants, Chancellor Angela Merkel's spokesman was quoted as saying on Thursday.

Cadbury's Carr takes hard line in Kraft battle

IBTimes Logo
Cadbury chairman Roger Carr has emerged victorious from many bid battles but if U.S. food giant Kraft ups its multi-billion pound offer the tough-talking takeover veteran will be under pressure to soften his stance.
IBTimes Logo

More hope to lung cancer patients with new technology

Deaths from lung cancer are higher than for any other form of cancer, with more than 8,000 Australians diagnosed each year - but the latest technology being demonstrated at The University of Western Australia offers new hope to sufferers.
More news
IBTimes Logo

Burning coal deep down has huge potential, untested

Burning coal underground could be one of the next breakthroughs to increase the world's energy supply, similar to establishment of Canadian oil sands, executives and academics told a conference in London on Monday.
IBTimes Logo

Europe to throw $73 billion behind energy research

Europe will this week launch a campaign to triple funding for energy research to 8 billion euros ($11.7 billion) a year in a technology race with Japan and the United States, a draft document shows.
IBTimes Logo

UK prepared to discuss support for Vauxhall-minister

British Business Secretary Peter Mandelson said on Monday he was prepared to discuss support for Vauxhall with parent Opel's new owners, Magna (MGa.TO), noting that representatives from the Canadian auto parts supplier were due in Britain this week.
IBTimes Logo

European shares rise; miners and banks gain

European shares rose in early trade on Monday, having hit a four-week closing low on Friday, as the euro zone's services sector returned to growth, and with miners and banks gaining on positive broker comment.
IBTimes Logo

Weber sees financial crisis aftershocks: report

The global financial crisis is probably not completely over and banks are likely to experience further setbacks, European Central Bank Governing Council member Axel Weber said in a newspaper interview released on Sunday.
IBTimes Logo

IAEA to inspect Iran's Qom site October 25

U.N. experts will inspect Iran's newly disclosed uranium enrichment plant on October 25, the IAEA nuclear agency chief said on Sunday, praising a shift from conspiracy to cooperation in Tehran's dealings with the West.
IBTimes Logo

G7 presses for stronger yuan

The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
IBTimes Logo

G7 presses for stronger yuan, breaks no new ground

The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
IBTimes Logo

G7 grapples with exchange rates and own future

Financial officials of the Group of Seven rich nations, which dominated global policymaking for decades, were set Saturday to discuss a diminished future for their group as it grappled with tensions over currency rates.
IBTimes Logo

G7 better forum for discussing forex--BOJ governor

Group of Seven financial ministers and central bank governors will likely discuss the economic and financial developments that are behind recent currency moves at their meeting this weekend, Bank of Japan Governor Masaaki Shirakawa said on Friday.
IBTimes Logo

Merckle more optimistic on keeping Phoenix-sources

German industrial heir Ludwig Merckle is more confident he may not need to sell drugs distributor Phoenix after cashing in shares in HeidelbergCement, two people familiar with his plans told Reuters.
IBTimes Logo

German new car market swells 21 percent in Sept

Germany's new car market grew by 21 percent in September and orders fell a less-than-feared 12 percent even as a scrappage scheme for old autos ran out of money, the VDA vehicle manufacturers association said on Friday.
IBTimes Logo

The Trial: Judge tackles Kafka archive nightmare

An Israeli court has stepped into a battle over a legacy that may include lost manuscripts of the great 20th century writer Franz Kafka, ordering an elderly heiress to open up a secret hoard of papers, Israel's Haaretz newspaper said Friday.
IBTimes Logo

U.S. says Iran talks could open doors

The United States said on Thursday six-power talks with Iran had opened the door to better relations with the West but cautioned Tehran it must take concrete steps to prove it was not seeking nuclear arms.
IBTimes Logo

Opel labor talks adjourned, to be resumed soon

Talks between Canadian automotive group Magna (MGa.TO), General Motors and workers at German carmaker Opel were adjourned with no result on Thursday and will resume soon, a spokesman for Opel said.
IBTimes Logo

U.S., Iran meet at six-power nuclear talks

The United States said it held the highest level direct talks with Iran in three decades on Thursday to try to put to rest Western suspicions Tehran is planning a nuclear bomb.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.