German police commando units arrested two people in Berlin on Thursday who are suspected of planning an attack, a police spokesman said.» Read More
German consumers have become more downbeat than at any time since the recession year of 2003 due to growing concerns about inflation and turmoil on financial markets, the GfK market research group said on Monday.
German reinsurer Munich Re issued a profit warning on Friday, saying turmoil in global markets would hurt its second-quarter profit and result in a lower than forecast profit for the year as a whole.
U.S. presidential candidate Barack Obama urged Europe on Thursday to stand by the United States in bringing stability to Afghanistan and confronting other threats from climate change to nuclear proliferation.
Daimler cut its 2008 earnings outlook on Thursday, saying it would not be able to offset a global growth slowdown, rising raw material prices and the strong euro by selling more vehicles and cutting costs.
The euro zone economy appears to be taking a hammering as a key business survey released on Thursday painted a deteriorating picture, coming in well below analysts' expectations.
The Ifo research institute said its July business climate index fell to 97.5 from 101.2 in June, dropping below analysts' forecasts of a decline to 100.0, and suggesting "the economic upswing is coming to an end", Ifo president Hans-Werner Sinn said in a statement.
German drugs and chemicals company Merck KGaA reported a 15 percent rise in second-quarter operating profit on Wednesday thanks to rising sales of liquid crystals and multiple-sclerosis and cancer drugs.
The European Commission wants to cooperate closely with the U.S. Securities and Exchange Commission (SEC) on the planned regulation of credit rating agencies, the German financial weekly Euro am Sonntag reported.
A key gauge of German investor sentiment slid to a record low in July, battered by concerns about the U.S. financial sector and fears of a lasting downturn for German manufacturers.
Private equity firm Blackstone plans to invest more than $1.57 billion in a project to build wind farms in the North Sea to generate electricity, people familiar with the matter said.
German industrial conglomerate Siemens plans to cut around 4 percent of its workforce as part of an overhaul and as a result of the global economic downturn, Siemens said on Tuesday.
German health care group Fresenius plans to buy APP Pharmaceuticals in a $3.7 billion deal to expand into the North American intravenous generic drugs market.
There is an adamant little Frenchman, Jean-Claude Trichet, and his merry band of monetary lawmakers drawing the line on inflation ... how'd THEY become the bad guys? Hmmm...
Euro-zone rates rose to 4.25% as the central bank fights inflation, but ECB President Jean-Claude Trichet's message was slightly dovish.
A petition to halt interest rate hikes in the euro zone notwithstanding, European Central Bank President Jean-Claude Trichet will in all likelihood boost interest rates when the policy makers meet Thursday.
The world's biggest central banks are pulling in opposite directions and it seems their efforts are only contributing to one thing: a weaker dollar. Vote for your preferred central banker.
Euro zone inflation jumped to a record high of 4.0 percent in June, cementing expectations the European Central Bank will raise interest rates this week despite slowing economic growth.
Shifting focus to fast-growing Eastern Europe and shedding jobs in the mature Western European markets will ensure that the continent's second-largest bank meets its ambitious growth targets, UniCredit CEO Alessandro Profumo told "Squawk Box Europe" on Wednesday.
Inflation risks have increased in the medium term and the European Central Bank stands ready to counter inflationary pressures, ECB President Jean-Claude Trichet told the EU Parliament on Wednesday.
Thomas Cook, Europe's second-largest travel company, said it remains confident of meeting expectations for the current year as it reported a 15 percent narrowing in its first-half loss on Tuesday.