G20 finance ministers will discuss next week how to curb excessive bankers' pay but the group of leading nations is not expected to heed a French call to cap and tax bonuses, officials and analysts said.
The immediate crisis may be over but G20 policymakers meeting next week must still find a way to rebalance the global economy if the world is not to be doomed to repeat the past.
The German government might drop its opposition to Belgian-based financial investor RHJ International (RHJI.BR) as a buyer for General Motors' GM.UL European unit Opel, Bild newspaper reported on Thursday.
Nokia Oyj will try again to tackle Apple Inc's iPhone in the top-end of the handset market with a bet on Linux software, several industry sources told Reuters.
World stocks steadied just off this week's 10-month high on Wednesday while a closely-watched German survey, showing a bigger-than-expected improvement in business morale, gave the euro a brief shot in the arm.
Germany believes the management of General Motors Co is still committed to finding a buyer for its European unit Opel, government officials said on Tuesday after talks with the U.S. automaker in Berlin.
Germany's Linde (LING.DE) will cut up 8 percent of its workforce in Germany as part of a cost-savings programme to help weather the financial crisis, a source familiar with the matter told Reuters on Tuesday.
The new board of General Motors Co [GM.UL] has emerged as a key player in the outcome of the automaker's long-running talks to sell off its Opel unit.
The new board of General Motors Co has emerged as a key player in the outcome of the automaker's long-running talks to sell off its Opel unit.
France will push for stronger commitments to limit bankers' bonuses at a meeting of G20 leaders in September, President Nicolas Sarkozy said on Tuesday.
German government officials met with General Motors' top negotiator on Tuesday, hoping to get answers on why the U.S. carmaker has so far failed to choose a buyer for its European unit, Opel.
General Motors' chief negotiator in the sale of Opel will on Tuesday meet a task force created by the German government to discuss the U.S. carmaker's plans for the European unit, a German politician said.
Oil bounced above $74 on Tuesday, nearly recouping earlier losses in line with equity markets ahead of a spate of U.S. economics data.
General Motors may make clear within the next 24 hours whether it wants to keep its European carmaker Opel rather than sell it, a German labor representative said on Tuesday.
General Motors may make clear, within the next 24 hours, whether it wants to keep its European carmaker Opel rather than sell it, a German labor representative said on Tuesday.
General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International , sources with knowledge of the deliberations said on Monday.
The Obama administration pledged on Monday to stay out of General Motors' choice of a buyer for its European Opel unit, while union leaders in Germany put more pressure on the U.S. automaker to make a decision.
The Obama administration pledged on Monday to stay out of General Motors Co's choice of a buyer for its Opel unit in Europe as German union leaders put more pressure on the U.S. automaker to make a decision.
The Obama administration will not get involved in General Motors Corp.'s choice of a buyer for its Opel operations in Europe, an administration official said on Monday.
The German government sought to calm a growing transatlantic row over the fate of carmaker Opel on Monday as unions threatened
The Obama administration will not get involved in General Motors Corp.'s choice of a buyer for its Opel operations in Europe, an administration official said on Monday.
Iran will continue to cooperate with the U.N. nuclear watchdog, the Foreign Ministry said on Monday, apparently confirming Tehran had given inspectors access to a reactor under construction after barring visits for a year.
