GO
Loading...

Germany

More

  • *Sulzer worth $4.6 bln, Dresser-Rand worth $5.6 bln. Sept 17- Swiss pump maker Sulzer said on Wednesday it is in talks on a potential combination with U.S. compressor and turbine maker Dresser-Rand, a deal that would create a machinery company with a combined market valuation exceeding $10 billion.

  • Investors buy German debt at negative rates Wednesday, 17 Sep 2014 | 12:20 PM ET

    Germany auctioned 3.34 billion euros Wednesday in two-year notes at an average yield of minus 0.07 percent. Expectation the European Central Bank will buy bonds has also driven down yields, which move opposite to prices. The European Central Bank has slashed its interest rate benchmarks in an attempt to spur growth and lift inflation.

  • Exodus hits U.S. law firm Bingham amid merger talks Wednesday, 17 Sep 2014 | 9:37 AM ET

    Sept 17- Twenty-two partners have jumped ship en masse from Bingham McCutchen's marquee restructuring practice, raising questions about the fate of the law firm's closely watched merger talks with the larger Morgan Lewis& Bockius.

  • BERLIN, Sept 17- Oliver Samwer and his brothers Marc and Alexander are on the brink of becoming Germany's newest billionaires with the flotations of Rocket Internet and the European online fashion site Zalando it helped launch in 2008..

  • *Need for skilled talent puts London at odds with national policy. LONDON, Sept 17- When Efe Cakarel picked London as a new base for his video streaming company, he was counting on its location, capital markets and infrastructure, but also on the city's reputation as a hub for talented people from Europe and beyond.

  • Chinese shoe manufacturer says CEO, cash vanished Wednesday, 17 Sep 2014 | 5:37 AM ET

    Germany- listed Ultrasonic AG said in a statement Tuesday it has been unable to reach its chief executive, Qingyong Wu, and chief operating officer, Minghong Wu, since the weekend.

  • *Shoemaker Ultrasonic says cash in China, Hong Kong transferred. FRANKFURT/ HONG KONG, Sept 17- A Germany- listed shoemaker became the latest Chinese company to report the disappearance of top executives, underscoring the danger of doing business in the Asian powerhouse at a time of heightened scrutiny of its firms' corporate governance.

  • *Brussels will review any state capital injections. DUBLIN/ FRANKFURT, Sept 16- For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with strong political connections.

  • FRANKFURT/ HONG KONG, Sept 17- Ultrasonic AG, a Chinese footwear maker listed in Germany, said most of its cash reserves in China and Hong Kong had disappeared and it had lost trace of its chief executive and chief operating officer.

  • DIARY - Top economic Events to Sept 29 Tuesday, 16 Sep 2014 | 8:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.

  • PARIS, Sept 16- French Prime Minister Manuel Valls headed off a backbench revolt against his government on Tuesday, winning a confidence vote after promising to preserve France's social model while pushing pro-business reforms intended to boost economic growth.

  • *Frankfurt judge sets aside previous injunction. FRANKFURT, Sept 16- A Frankfurt judge granted a reprieve to Uber, the online transportation service, setting aside a temporary injunction issued two weeks ago against the Silicon Valley company from operating a novel car-sharing service across Germany.

  • FRANKFURT, Sept 16- The co-head of Deutsche Bank has backed the German government in a debate over how to jump-start the stalled euro zone economy, telling Reuters that structural reforms, rather than looser fiscal policy, are what is needed to boost growth.

  • PARIS, Sept 16- Prime Minister Manuel Valls vowed to preserve France's social model while pushing pro-business reforms ahead of a parliament confidence vote on Tuesday in which left-wingers have threatened to abstain in protest.

  • FRANKFURT, Sept 16- U.S. buyout firm Blackstone is acquiring two office towers in Frankfurt, Germany, for a combined 350 million euros to bolster its real estate business, sources familiar with the matter said on Tuesday.

  • *Brussels will review any state capital injections. DUBLIN/ FRANKFURT, Sept 16- For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with strong political connections.

  • *Frankfurt judge sets aside previous temporary injunction. FRANKFURT, Sept 16- A Frankfurt judge has lifted a temporary injunction on online taxi service Uber, only two weeks after barring the Silicon Valley company from operating a novel car-sharing service across Germany.

  • German court lifts injunction banning Uber Tuesday, 16 Sep 2014 | 10:13 AM ET

    BERLIN— A court in Germany has lifted an emergency injunction that banned the ridesharing service Uber from operating anywhere in the country. The Frankfurt state court ruled Tuesday that the urgent measures taxi drivers won against their upstart rival last month weren't warranted.

  • *Reuters poll points to 133 bln euro take-up on Thursday. FRANKFURT, Sept 16- The European Central Bank invited banks on Tuesday to bid for a fresh round of long-term loans it hopes will stimulate lending to businesses and reinvigorate the euro zone economy but which may see only modest take-up.

  • UPDATE 2-ASOS to cut prices after third profit warning Tuesday, 16 Sep 2014 | 6:57 AM ET

    LONDON, Sept 16- British online fashion retailer ASOS warned on profit for the third time in seven months, saying its needs to cut prices in international markets to reverse a sharp slowdown in sales growth.