Talk of a takeover of Sprint Nextel by Deutsche Telekom sent the German company's shares down 1.4 percent and boosted the U.S. mobile operator's stock by 11 percent in pre-market trade on Monday.
Britain and Belgium on Monday urged the European Commission to ensure the takeover of carmaker Opel did not favor German workers because of 4.5 billion euros ($6.55 billion) in promised aid from Berlin.
Wall Street was poised for a lower opening on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.
U.S. stock index futures indicated a lower opening on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.
U.S. stock index futures fell on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.
U.S. stock index futures fell on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.
Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs.
President Barack Obama will try on Monday to revive a stalled push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers' collapse to argue for sweeping regulatory changes.
Most people around the world support significantly increasing government spending to counter the economic crisis, according to a 20-nation opinion poll released on Monday.
Moves to save jobs and sites at carmaker Opel when a group led by Canada's Magna International takes control continued on Sunday.
Hundreds of millions of euros in German state aid planned for carmaker Opel is earmarked for operations in Russia, an Opel trustee with reservations about the project was quoted as saying in a newspaper interview.
The health of the terminally ill Libyan convicted of the 1988 Lockerbie bombing has deteriorated markedly in the past day, his brother and doctors said on Saturday.
Conservative Chancellor Angela Merkel goes head to head with Social Democrat (SPD) challenger Frank-Walter Steinmeier in a TV debate later on Sunday which may help determine the outcome of Germany's election on September 27.
German property lender Hypo Real Estate , whose financial troubles forced Germany to nationalize it, has billions of euros in unrealized losses that may swell its need for fresh capital, a newspaper reported.
A Canadian-Russian consortium's plan to buy automaker Opel from General Motors faced more hurdles as scrutiny of German state aid intensified and labor leaders demanded a veto over job cuts.
The German government plans to support the planned construction of the Airbus A350 wide body plane with a state guarantee worth 1.1 billion euros ($1.61 billion), a magazine reported on Saturday. Focus magazine said the government would secure a loan from state-owned bank KfW, citing a confidential memorandum from Germany's finance and economy ministries to the parliamentary budget committee.
The global economic crisis will continue and countries must do more to adopt financial market regulations, International Monetary Fund Managing Director Dominique Strauss-Kahn told a German magazine on Saturday.
Iran said on Saturday it would not back down in its nuclear row with the West, a day after the United States said it would accept Tehran's offer of wide-ranging talks with six world powers.
The global economic crisis will continue and countries must do more to adopt financial market regulations, International Monetary Fund Managing Director Dominique Strauss-Kahn told a German magazine on Saturday.
The European Union's foreign policy chief Javier Solana said on Friday that he was seeking an urgent meeting with the Iranian chief nuclear negotiator after consulting six major powers over proposals submitted by Iran.
German carmaker Volkswagen (VOWG.DE) is bolstering its presence in Asia after approving 4 billion euros ($5.84 billion) in new investments for China and mounting another effort to build cars in Malaysia.
A decision by General Motors Co to sell a controlling interest in its European unit, Opel, was the first major decision for GM's new board and an important test of the U.S. government's pledge to let the directors and management run the company.
