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  • German train drivers to start 5-day strike Tuesday Sunday, 3 May 2015 | 12:59 PM ET

    BERLIN— A union representing German train drivers has called members out on a five-day strike starting Tuesday, its longest walkout yet in an increasingly bitter dispute with the national railway operator. The GDL union said passenger train drivers will walk off the job at 2 a.m. Tuesday and won't return until 9 a.m. on May 10. Germany long had relatively cordial...

  • Siemens unit in China bribery probe - report Sunday, 3 May 2015 | 5:42 AM ET
  • Business events scheduled for the coming week Friday, 1 May 2015 | 1:20 PM ET

    WASHINGTON— Commerce Department releases factory orders for March, 10 a.m.. WASHINGTON— Commerce Department releases international trade data for March, 8:30 a.m.; Institute for Supply Management releases its service sector index for April, 10 a.m.. WASHINGTON— Labor Department releases first-quarter productivity data, 8:30 a.m..

  • BERLIN— European aviation company Airbus said Friday it is taking legal action following reports that it was targeted by German and U.S. intelligence agencies. Airbus stressed that it was made aware of the allegations by press reports and didn't have any information of its own on the matter. Der Spiegel reported Friday on its website that Germany's spy agency,...

  • DIARY- Top Economic Events to May 14 Thursday, 30 Apr 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting hosted by the bank- 1300 GMT. BOSTON- Federal Reserve Board Governor Daniel Tarullo speaks at opening session before the Economic Growth and Regulatory Paperwork Reduction...

  • Business events scheduled for the coming week Thursday, 30 Apr 2015 | 1:27 PM ET

    WASHINGTON— Commerce Department releases international trade data for March, 8:30 a.m.; Institute for Supply Management releases its service sector index for April, 10 a.m.. WASHINGTON— Labor Department releases first-quarter productivity data, 8:30 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac, the mortgage...

  • FAA had questioned mental health of Germanwings pilot Thursday, 30 Apr 2015 | 7:24 AM ET

    The records, posted online by the FAA in response to a Freedom of Information Act request, show that Andreas Lubitz had applied for a U.S. pilot license while he was employed by Lufthansa, the parent company of Germanwings, and was training to be an airline pilot at a flight school in Phoenix in 2010. As part of the application, he initially submitted a medical form to...

  • LONDON, April 30- OPEC oil supply in April has jumped to its highest in more than two years, boosted by record or near-record supplies from Iraq and Saudi Arabia, a Reuters survey showed, as key members stand firm in their focus on market share. The increase from the Organization of the Petroleum Exporting Countries puts output further above forecasts of demand for...

  • *Q1 adj EBIT down 2 pct at 2.07 bln eur vs 2.0 bln poll avg. FRANKFURT, April 30- Germany's BASF expects a slide in earnings at its Wintershall oil and gas unit brought on by lower oil prices to cancel out gains at its basic petrochemicals and crop protection businesses this year. Its earnings before interest and tax, adjusted for one-off items, slipped 2 percent in the...

  • German unemployment drops to 6.5 percent in April Thursday, 30 Apr 2015 | 4:39 AM ET

    BERLIN— Germany's unemployment rate dropped to 6.5 percent in April as the labor market in Europe's largest economy remained strong. The Federal Labor Agency said Thursday the unadjusted rate was down from 6.8 percent in March. ING economist Carsten Brzeski says even though there is "still some room for improvement, the extremely solid labor market remains...

  • *Holcim net 310 million francs vs f'cast 340 mln. *Lafarge shares up 4.5 percent, Holcim up 2.0 percent. ZURICH/ PARIS, April 30- Swiss cement maker Holcim reported a jump in first-quarter net profit on Thursday, helped by asset sales, while its French merger partner Lafarge posted a better than expected rise in operating profit.

  • Swiss central bank takes $32 billion first quarter loss Thursday, 30 Apr 2015 | 3:47 AM ET

    BERLIN— Switzerland's central bank says it took a first-quarter loss of 30 billion Swiss francs as the rapid appreciation of the national currency led to high foreign exchange losses. The Swiss National Bank said Thursday that its loss on foreign currency positions alone came in at 29.3 billion Swiss francs in the quarter, which ended March 31, while the value...

  • However, the situation is changing as the landmark Shanghai- Hong Kong stock connect scheme saw robust southbound flows in the past few weeks, which greatly eased the offshore yuan market's tight liquidity. The stock connect has brought in a net 50 billion yuan into Hong Kong in the past month, according to Reuters calculations, thanks to increased demand for...

  • FAA had questioned mental health of Germanwings pilot Wednesday, 29 Apr 2015 | 5:27 PM ET

    The records, posted online by the FAA in response to a Freedom of Information Act request, show Andreas Lubitz applied for a U.S. pilot license while he was employed by Lufthansa, the parent company of Germanwings, and was training to be an airline pilot at a flight school in Phoenix in 2010. As part of the application, he initially submitted a medical form to the FAA...

  • As sensors shrink, watch as 'wearables' disappear Wednesday, 29 Apr 2015 | 5:00 PM ET

    "In five years, when we look back, everything we see will absolutely be classified as toys, as the first very basic steps of getting this right," says Nikolaj Hviid, the man behind smart earbuds called the Dash. Developed by Munich- based Bragi GmbH, the Dash is a wireless in-ear headphone that looks like a discreet hearing aid. Nick Hunn, a consultant who lays claim to the...

  • German yields spike in best day's rally in 2 years Wednesday, 29 Apr 2015 | 12:44 PM ET
    A financial trader monitors data on computer screens as Yanis Varoufakis, Greece's finance minister, is displayed on a desktop television screen in Frankfurt, Germany,

    German government bond yields looked set to clock up their single largest daily rise since December 2013 on Wednesday, after trading near zero earlier this month.

  • Europe dives after weak US GDP   Wednesday, 29 Apr 2015 | 11:21 AM ET
    Europe dives after weak US GDP

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro heading higher after weaker-than-expected U.S. GDP in the first quarter.

  • *Vegetarian sausages prove popular in Berlin. BERLIN, April 29- Germans, known for their love of sausages, are eating less meat and more vegetarian food as concerns grow about health, animal welfare and the environmental cost of livestock farming. Meat consumption is stable or declining in most developed countries but the shift is particularly striking in...

  • *Riksbank holds rates in surprise move, to buy bonds. STOCKHOLM, April 29- Sweden's central bank kept its lending rates on hold on Wednesday after signs of an uptick in inflation and stronger economic growth, surprising markets which had expected a further cut into negative territory. Sweden is battling a deflationary threat just as it enjoys one of Europe's...

  • The Marshall Islands- flagged MV Maersk Tigris was taken Wednesday to Bandar Abbas, the main port for Iran's navy, under escort by Iranian patrol boats, according to Maersk Line, the Danish shipping company that had chartered it. The incident comes at a critical time in Iran's relations with the United States and the West, as talks about its contested nuclear...