• Fed and ECB: kudos and problems ahead Sunday, 28 Dec 2014 | 9:34 PM ET
    The Federal Reserve building in Washington.

    The U.S. economy is on course to generate a trade deficit of $700 billion which can be considered as America's net contribution to the world economy.

  • Germany cools to Russian investment Sunday, 28 Dec 2014 | 8:36 PM ET
    A giant sign for OAO Gazprom stands above a building in Moscow, Russia

    Few countries have invested more heavily in Russia than Germany after the Cold War ended. But now the rush is going in reverse. The NYT reports.

  • German central bank chief: cheap oil is stimulus Sunday, 28 Dec 2014 | 7:27 AM ET

    BERLIN— The president of Germany's central bank is questioning the need for the European Central Bank to embark on a new bond-buying program when the continent is being "gifted a stimulus program" by low oil prices. The ECB is considering whether and how to offer more stimulus for the sluggish eurozone economy, perhaps in the form of large-scale purchases of...

  • German growth may surprise: ECB member Sunday, 28 Dec 2014 | 1:52 AM ET
    A euro logo next to the headquarters of the European Central Bank in Frankfurt.

    Germany's growth may top expectations next year and Europe's situation isn't as bad as many people think, the Bundesbank's president told a newspaper.

  • VW's Audi to boost investments on models, plants Saturday, 27 Dec 2014 | 4:57 AM ET
    An employee secures a wheel to an Audi A6 Quattro automobile as it passes along the Audi AG production line inside the carmaker's factory in Neckarsulm, Germany.

    Audi plans to increase spending on new models, plants and technology to around $29 billion through 2019, striving to top BMW as the largest luxury-car maker.

  • Germany: Greece must stick to existing agreements Saturday, 27 Dec 2014 | 4:09 AM ET

    BERLIN— Germany's finance minister says any new Greek government would have to stick to agreements made by its predecessors— comments that come as Greece risks early elections that could bring an anti-bailout opposition party to power. German Finance Minister Wolfgang Schaeuble told Saturday's Bild daily that he'll continue to support Greece on its "path...

  • Prosecutors raid LG headquarters over washer row Saturday, 27 Dec 2014 | 1:51 AM ET

    Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.

  • Smith & Nephew outperforms sluggish European markets Wednesday, 24 Dec 2014 | 8:43 AM ET

    *UK's FTSE 100 rises 0.2 pct to 6,609.93 points. The 7.7 percent jump in Smith& Nephew, after Bloomberg News reported U.S. rival Stryker was planning a takeover offer for it, allowed Britain's blue-chip FTSE 100 index to end 0.2 percent higher at 6,609.93 points. France's CAC ended down 0.4 percent as data showing another set of record unemployment figures in...

  • HeidelbergCement offloads Hanson unit for $1.4 bln Wednesday, 24 Dec 2014 | 7:48 AM ET

    BERLIN— Germany's HeidelbergCement AG says it is selling its North American and British brick and concrete pipe business, Hanson Building Products, to an American affiliate of investor Lone Star Funds in a deal worth $1.4 billion. HeidelbergCement said Wednesday it expects the transaction to close in the first quarter. HeidelbergCement CEO Bernd Scheifele...

  • European shares inch up in shortened session Wednesday, 24 Dec 2014 | 3:03 AM ET

    PARIS, Dec 24- European stocks inched up on Wednesday in a shortened session ahead of the Christmas break, gaining ground for the seventh day in a row and mirroring a rally on Wall Street fuelled by unexpectedly strong U.S. The London Stock Exchange is set to close the session at 1230 GMT, while Euronext markets will close at 1305 GMT, along with the Madrid Stock...

  • *Germany's No. 2 bank to intensify reforms. FRANKFURT, Dec 23- Commerzbank boss Martin Blessing has restored the German lender to health but it is unlikely to meet ambitious 2016 turnaround targets as it faces tough competition at home and a stagnating European economy. "When Commerzbank set out its 2016 targets in 2012, no one could have predicted the...

  • EU inspection critical of Frankfurt airport security Monday, 22 Dec 2014 | 7:01 AM ET

    BERLIN— The German government says a European Union inspection found security shortcomings at Frankfurt airport, the country's busiest, and that measures have been taken to address them. Interior Ministry spokesman Johannes Dimroth said Monday that the routine inspection took place in early November and found "significant shortcomings."

  • *Forty pct of Israelis can't make ends meet- official data. JERUSALEM, Dec 21- Israel's high cost of living is set to dominate a March 17 election that could shake up Prime Minister Benjamin Netanyahu's coalition, with voter anger symbolized by an overpriced dessert. We have a moment to change the direction Israel goes, "said Naor Narkis, a 25- year-old former...

  • German Amazon strikes to last until Christmas Eve Friday, 19 Dec 2014 | 3:22 PM ET

    BERLIN— A German labor union says striking workers at four Amazon.com distribution centers in Germany will remain off the job until Christmas Eve. Companies in Germany normally shut down for the holiday at that time and reopen on Dec. 27, or the next working day. The walkouts at four of Amazon's distribution centers in Germany are part of an effort by workers to...

  • EU summit tries to avoid angry farmers  Friday, 19 Dec 2014 | 11:28 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including an underperformance from Greece due to bribery allegations and the EU tries to avoid protests in Brussels.

  • Security flaws allow global cellular eavesdropping Friday, 19 Dec 2014 | 10:06 AM ET

    The Berlin- based Security Research Lab, which discovered the problem in August, said a skilled person could exploit the flaws to eavesdrop on the phone calls, text messages and data traffic of billions of people. The Washington Post and Germany's Sueddeutsche Zeitung newspaper reported on it Thursday. "The research disclosures made to the GSMA enabled us to...

  • FRANKFURT, Dec 19- European Central Bank officials are considering ways to ensure weak countries that stand to gain most from a fresh round of money printing bear more of the risk and cost. Such a move could help persuade a reluctant Germany to back plans to buy state bonds. But while the idea may help overcome opposition in Germany, which is worried that fresh money...

  • Cramer: Germany winning, everyone else losing  Friday, 19 Dec 2014 | 9:02 AM ET

    CNBC's Jim Cramer explains why the market rally has caught some investors by surprise, and discusses the expectations of more European QE.

  • German consumer confidence on the rise Friday, 19 Dec 2014 | 3:53 AM ET

    BERLIN— German consumer confidence is continuing to improve, supported by expectations of increasing economic strength and a greater willingness to make purchases. The GfK research group said Friday its forward-looking consumer climate index rose to 9 points for January from 8.7 points in December. GfK says consumers still have uncertainty over ongoing...

  • It's law now: 'No Social Security for Nazis' Friday, 19 Dec 2014 | 3:21 AM ET

    WASHINGTON— President Barack Obama on Thursday capped a swift and forceful response to an Associated Press investigation by signing into law a measure that bars suspected Nazi war criminals from receiving U.S. The AP's investigation, which was the impetus for the No Social Security for Nazis Act, found that dozens of former Nazis collected millions of...