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VW's Czech Skoda eyes post-scrappage output cut

Volkswagen's (VOWG.DE) Czech unit, Skoda Auto, is considering halting production for two days in October after demand fell following the end of a scrappage subsidy in Germany, a spokesman said on Thursday.

Opel labour talks adjourned, to be resumed soon

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Talks between Canadian automotive group Magna, General Motors and workers at German carmaker Opel were adjourned with no result on Thursday and will resume soon, a spokesman for Opel said.
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Euro zone unemployment hits 10-year high of 9.6 pct

Unemployment in the 16-country euro zone rose to a more than 10-year high of 9.6 percent in August and economists warned it will likely worsen further, hurting the prospects for a strong economic recovery.
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U.S. Q2 GDP decline eases; manufacturing still weak

The U.S. economy contracted in the second quarter more slowly than initially thought, but negative news on jobs and on manufacturing activity in the country's Midwest region in September pointed to a patchy recovery from recession.
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Iran says talks are test, U.S. weighs sanctions

Iran said on Wednesday it viewed pending nuclear talks with six world powers as an opportunity and a test, and the United States said an extraordinarily difficult process was starting with more meetings likely.
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Iran says Geneva talks are test

Iran said on Wednesday it viewed talks with six world powers in Geneva as an opportunity and a test, while the United States weighed sanctions over Tehran's nuclear program if Thursday's meeting fails.
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Oil over $67 as dollar slips

Oil rose above $67 per barrel on Wednesday, buoyed by a fall in the dollar against major currencies at the end of the financial quarter, with the market also awaiting key U.S. oil data later in the day.
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IMF to raise world economic growth forecast: paper

The International Monetary Fund will raise its 2010 growth forecast for the world economy to 3.1 percent from 2.5 percent to reflect improving economic conditions, a newspaper reported on Wednesday.
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Oil up above $67 on dollar slip, eyes on Iran talks

Oil rose above $67 on Wednesday, recouping day-ago losses as the U.S. dollar eased against the euro and resource currencies like the Australian dollar, while eyes are on talks over Iran's nuclear plans.
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Iran warns West against past mistakes

Iran said on Tuesday it would refuse to discuss a newly declared nuclear plant at forthcoming international talks and cautioned Western powers it could curb cooperation further if they repeated past mistakes.
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German minister-to-be rebuffs question in English

Guido Westerwelle, who is widely expected to become foreign minister in the next German government, admonished a reporter who asked him a question in English on Monday, saying: We're in Germany here.
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Canada outranks U.S. in healthcare report card

Canada outperforms the United States in health outcomes but is well behind global leaders like Japan in overall health of its population, a Canadian report released on Monday showed.
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Russia's AvtoVAZ plans to assemble Nissan cars

Russia's carmaker AvtoVAZ (AVAZ.MM) plans to assemble Nissan's (7201.T) class 'B' cars at its production facilities by 2012, officials and sources at AvtoVAZ and local administration told Reuters on Friday.
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VW gets wage deal for western German staff

Volkswagen (VOWG.DE) and the IG Metall union have struck a wage deal for 95,000 staff in six western German plants that calls for a 4.2 percent pay rise plus one-off payments.
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Merkel wins a new term in election Sunday

According to Exit polls, German Chancellor Angela Merkel won a new term in elections Sunday and looked set to be able to form her preferred center-right coalition.
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Merkel signals cautious reforms in new coalition

Chancellor Angela Merkel's conservatives vowed Monday to seal a coalition deal, including tax cuts, with the pro-business Free Democrats (FDP) within a month after winning Germany's election.
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Yen off 8-mth high vs dollar; softer equities eyed

The yen retreated from an eight-month high hit against the dollar on Monday after Japan's finance minister appeared to tone down comments suggesting he was comfortable with the currency's appreciation.
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Merkel wins as Germans choose centre-right

German voters gave Chancellor Angela Merkel a second term on Sunday and a mandate to partner with the pro-business Free Democrats (FDP) in a government that will rein in the role of the state in Europe's largest economy.
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Merkel centre-right hopes at risk as Germans vote

Germans voted on Sunday in a federal election that looks likely to return Chancellor Angela Merkel to power but may deny her the center-right government she says is needed to revive Europe's largest economy.

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