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U.S. bank, flu fears chill stabilization hopes

Fears about a possible global flu crisis and renewed worries over the capital health of some U.S. banks combined on Tuesday to rattle economists' hopes the financial system was stabilizing.

Qatar in talks to buy stake in Porsche: PM

Qatar is in talks to buy a stake in Germany's Porsche and may also invest in other carmakers as the Gulf gas exporter looks to park some of its sovereign wealth abroad, according to media reports.

Fiat CEO looking for scale, not empire

MILAN - Fiat SpA's chief executive might swear that he is not trying to build an empire, but he is certainly looking for scale -- on the cheap.

Abengoa launches world's biggest solar power tower

Spanish engineering company Abengoa has begun operating a 20 megawatt solar power plant that is the world's biggest, using a tower to turn the sun's rays into electricity and can supply 10,000 homes, it said on Monday.

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New York offshore lakes wind project seeks ideas

The American Wind Energy Association (AWEA) said on Thursday the call to develop offshore wind turbines in the Great Lakes by the New York Power Authority may help open up offshore wind development in the United States.

Union leader pours scorn on Fiat rescue of Opel

A powerful German labor leader poured scorn on the idea of a bid from Fiat for struggling German car maker Opel, saying on Friday he favored an investor such as Canadian car-part maker Magna.

Geithner says downturn may be easing

The global economic downturn has shown signs of easing in recent weeks, although significant risks remain, U.S. Treasury Secretary Timothy Geithner said before a meeting of G20 officials in Washington on Friday.

Ifo lifts world stocks, euro; yen also firmer

World stocks and the euro rose on Friday after a bigger-than-expected rise in Germany's key corporate sentiment survey, while better earnings from several regional U.S. banks also boosted investor morale.

German GEMA in talks with YouTube on video dispute

German music authors' society GEMA said on Thursday it was in talks with Google Inc's YouTube to resolve a dispute over royalty payments and the conditions under which music videos are made available online.

Fiat moves into frame as GM pursues Opel sale

Struggling U.S. carmaker General Motors Corp is moving nearer to a deal to offload its Opel unit, having found a prospective buyer in Italy's Fiat SpA , an Opel supervisory board member said on Thursday.

Fiat in frame as GM prepares to sell Opel

Struggling U.S. carmaker General Motors Corp appeared set for a deal next week to offload a majority stake in its German unit Opel, having found a buyer in Italy's Fiat SpA , among others.

Fiat to sign Opel stake deal on Tuesday: report

Fiat will sign on Tuesday a letter of intent to buy a majority stake in General Motors' struggling Opel unit, the website of German magazine Spiegel said on Thursday, citing sources.

Toyota first-quarter global sales fall 27 percent

Toyota Motor Corp said on Thursday its group-wide sales fell 27 percent to 1.767 million vehicles in the first quarter of 2009, keeping it ahead of Volkswagen AG as the world's top-selling carmaker.

IMF sees deeper 2009 decline and weak 2010

The IMF said Tuesday the global economy recession is likely go deeper and will have a slow recovery to stabilization.

Siemens’ Malvern site raided in Federal investigation

The Feds raid the Pennsylvania offices of a unit of Germany's Siemens AG on Wednesday as part of an investigation of a Siemens contract with the U.S. military, a company spokesman said.

Geithner urges global effort to tamp crisis

The United States bears substantial blame for the woes besetting the world economy but it will take a global effort to ease those strains, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

German cabinet backs new law against child porn

The German cabinet backed a new draft law Wednesday that would make it harder to access child pornography online and easier to prosecute those who use it.

Merck profit falls short, shares fall 3 percent

Merck & Co , which plans to buy rival drugmaker Schering-Plough Corp later this year, reported lower-than-expected sales and earnings that it attributed to the global economic slowdown.

Future cell phone to take on music editing

Design firm Pilotfish unveiled on Monday plans to make an advanced music phone, hoping to tap untested demand for music editing on the go.

Future cellphone to take on music editing

Design firm Pilotfish unveiled on Monday plans to make an advanced music phone, hoping to tap untested demand for music editing on the go.

Asia governments dangle carrots to attract green money

Asian governments are warming to the idea of offering incentives for green investment and could help attract billions of dollars in funding for solar and wind power industries struggling under tight credit conditions.

Asia stocks edge up, but Aussie and oil retreat

Asian stocks edged up on Monday, holding near a six-month peak and withstanding an early bout of profit-taking as investors eyed a slew of corporate earnings reports around the world this week.

UBS seeking to drop accounts for undeclared EU cash: report

Swiss bank UBS , under pressure from an international campaign against tax evasion, wants to drop accounts for undeclared cash from Europe Union clients, Sonntagszeitung newspaper reported on Sunday.

German dealers eye ex-VW CEO as Opel boss-report

Bernd Pischetsrieder, ex-CEO of Volkswagen, could be a suitable head of a new Opel company independent of troubled U.S. parent General Motors Corp, an Opel dealer group in Germany was quoted on Saturday as saying.

Volkswagen may oust Toyota as world leader

Volkswagen AG may have overtaken Toyota Motor Co to become the world's top-selling carmaker in the first quarter, thanks to government incentives that fueled demand in VW's major markets.

VW sales may overtake Toyota as world leader

Volkswagen's global vehicle sales fell by 11.4 percent in the first quarter but its market share gains may have let it overtake Japan's Toyota Motor as the world's top-selling automaker.