×

Europe Top News and Analysis Germany

  • OSLO- Norges Bank Governor Oystein Olsen will deliver an annual speech in Oslo- 1800 GMT. MAASTRICHT, Netherlands- ECB Board Member Benoit Coeure is scheduled to give keynote speech followed by panel discussion at an event on "25 years after Maastricht: The future of money and finance in Europe" jointly organized by the University of Maastricht, University of...

  • WASHINGTON, Feb 15- Rex Tillerson arrived in Bonn on Wednesday on his maiden foreign trip as U.S. secretary of state to attend a summit of G20 top economies at a time when many are wondering how far President Donald Trump's "America First" message will reshape U.S. foreign policy. From North Korean provocations and reports Russia has deployed a new cruise missile, to...

  • Palestinian chief negotiator and Secretary General of the Palestine Liberation Organisation (PLO), Saeb Erekat, speaks during a press conference in the West Bank city of Jericho on February 15, 2017.

    Here are some of the key stories CNBC is following this hour.

  • Defence Minister James Mattis addresses the press during a NATO defence ministers' meetings at the NATO headquarters in Brussels on February 15, 2017.

    "I owe it to you to give you clarity on the political reality in the United States, and to state the fair demand from my country's people," Mattis said.

  • FRANKFURT/ PARIS, Feb 15- PSA Group and General Motors mobilised their chief executives on Wednesday to defend the Peugeot maker's planned acquisition of GM's European business Opel against a German-led backlash that could derail the deal even before its terms are finalised. Britain also said it had contacted GM President Dan Ammann to express concern over...

  • BERLIN, Feb 15- Ground staff will go on strike again at Berlin's two airports on Thursday, union Verdi said on Wednesday, following walkouts last week over a pay dispute. Verdi wants pay for ground staff, whose roles include checking in passengers, loading and unloading planes and directing them on the tarmac, to be raised to 12 euros an hour from about 11 euros as part...

  • From North Korean provocations to fresh reports that Russia has deployed a new cruise missile, concerns about China's aggressions in the South China Sea, and conflicts in Yemen, Syria and Ukraine, there is no shortage of global challenges. Allies worry about Trump's unpredictability and how far he will go in warning China and Iran about their behavior, whether...

  • Russia's Prime Minister Vladimir Putin speaks with then-ExxonMobil Chief Executive Officer Rex Tillerson on August 30, 2011.

    The new Secretary of State is expected to cut his teeth at the G-20 Summit in Germany this week, NBC News reports.

  • FRANKFURT/ PARIS, Feb 15- PSA Group and General Motors mobilised their chief executives on Wednesday to defend the Peugeot maker's planned acquisition of GM's Opel against a German-led backlash that could derail the deal even before its terms are finalised. Britain also said it had contacted GM President Dan Ammann to express concern over the future of Opel's...

  • General Motors may be ready to off load Opel to French automaker PSA Group for about $1 billion, according to analysts at Evercore ISI.

  • FRANKFURT, Germany— German politicians are expressing concern about a possible takeover of General Motors' Opel division by France's PSA Group, maker of Peugeot and Citroen cars. Opel employs 19,000 people in Germany out of a total work force of 38,000. And it's an election year in Germany, which means politicians are particularly sensitive to anything that...

  • BONN, Germany— Foreign ministers from most of the world's leading powers are heading to a diplomatic summit of the Group of 20 industrialized and emerging economies in Germany, with all eyes on the new U.S. Secretary of State for clues about the direction Washington will take over the next four years. Russia, China, Saudi Arabia and Turkey, meanwhile, are looking to...

  • By Victoria Bryan and Peter Maushagen. BERLIN/ FRANKFURT, Feb 15- Lufthansa and a pilots' union have accepted pay recommendations from a mediator, though the German airline said it planned to offset the cost by using more crew on cheaper contracts in a move that could jeopardise the deal. Lufthansa, which has been dogged by a succession of strikes, said on Wednesday...

  • FRANKFURT/ PARIS, Feb 15- The bosses of General Motors and Peugeot maker PSA were racing on Wednesday to contain anger in Germany over their plans for PSA to buy GM's European business Opel. Opel employs the majority of its workers, about 28,000 people, in Germany. Germany's labour minister said on Wednesday there were talks "at all levels" with Opel, GM and PSA to...

  • BERLIN— German airline Lufthansa has struck a deal to solve a bitter labor dispute with pilots that over five years has cost it an estimated half a billion dollars and more than a dozen strikes. The airline, Germany's largest, and the Cockpit union said Wednesday they'd agreed upon an arbitrator's proposal for a new wage agreement for some 5,400 pilots.

  • President of French far-right Front National (FN) party Marine Le Pen delivers a speech during a major rally to launch her presidential programme.

    Political uncertainty is knocking the euro, and some experts are advising investors to short the common currency as a hedge against risk.

  • OSLO, Feb 15- Investors and insurers with more than $2.8 trillion in assets under management on Wednesday called on the Group of 20 economies to phase out fossil fuel subsidies by 2020 despite U.S. doubts about climate change. They included Actiam, Aegon Asset Management, Aviva Investors, KBI Global Investors, La Francaise, Legal and General and Trillium Asset...

  • NEW YORK- Federal Reserve Bank of New York President William Dudley participates in a fireside chat before the Cornell College of Business Annual New York City Predictions Event organized by the Cornell College of Business and the Johnson Club of New York City- 0015 GMT. WASHINGTON- Federal Reserve Chair Janet Yellen delivers semiannual monetary testimony...

  • NEW YORK- Federal Reserve Bank of New York President William Dudley participates in a fireside chat before the Cornell College of Business Annual New York City Predictions Event organized by the Cornell College of Business and the Johnson Club of New York City- 0015 GMT. WASHINGTON- Federal Reserve Chair Janet Yellen delivers semiannual monetary testimony...

  • *Opel business has struggled for profitability. For PSA, owner of the Peugeot, Citroen and DS brands, acquiring GM's Opel and Vauxhall brands would give it a 16.3 percent share of the European passenger car market, vaulting it into second place in the region, ahead of French rival Renault SA and behind Germany's Volkswagen AG. Germany's industrial union IG Metall...