GO
Loading...

Germany

More

  • DIARY - Top economic Events to Sep 5 Friday, 22 Aug 2014 | 8:01 PM ET

    JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.

  • JACKSON HOLE, Wyo, Aug 22- The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action in September.

  • Draghi: ECB can't do it all, governments must act Friday, 22 Aug 2014 | 2:30 PM ET

    FRANKFURT, Germany— European Central Bank head Mario Draghi said Friday the bank is ready to do more to boost the shaky recovery in the 18 countries that use the euro— but warns governments must join in efforts to reduce stubbornly high unemployment.

  • JACKSON HOLE, Wyo, Aug 22- European Central Bank chief Mario Draghi is confident that stimulus steps announced in June, helped by a weaker euro, will boost demand in the ailing euro zone economy, but stressed on Friday that the central bank stands ready to do more.

  • *European shares wobble as Russia convey enters Ukraine. NEW YORK, Aug 22- The high-flying dollar moved higher again on Friday after Federal Reserve Chair Janet Yellen said the worrisome U.S. labor markets requires policymakers to move cautiously when eyeing interest rate hikes. Tensions over Ukraine increased and blunted a European stocks run-up, and U.S.

  • Germany sues Swiss bank for communist-era fortune Friday, 22 Aug 2014 | 10:17 AM ET

    BERLIN— Germany is suing a Swiss bank to reclaim millions of euros that once belonged to communist East Germany. BvS, an agency tasked with recovering and managing the communist-era funds, says it asked Zurich's regional court last week to force Bank Julius Baer to return 135 million euros.

  • Yellen: Job market makes Fed hesitant on rate hike Friday, 22 Aug 2014 | 10:01 AM ET

    JACKSON HOLE, Wyoming— If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message:. The picture is still hazy. "Uncertainty is the key word," said Ian Shepherdson, chief economist at Pantheon Economics.

  • Europe launches 2 navigation satellites Friday, 22 Aug 2014 | 9:16 AM ET

    BERLIN— The European Space Agency says two satellites for its new global navigation system have been lifted into orbit aboard a modified Soyuz rocket. Friday's launch from Kourou, French Guiana, had been delayed by a day due to bad weather. Once the two satellites are fully deployed, ESA will have six of the 30 planned satellites in orbit for its Galileo system.

  • At Jackson Hole, central bankers eye varying goals Friday, 22 Aug 2014 | 9:01 AM ET

    WASHINGTON— The central bankers meeting this week at their annual conference in Jackson Hole, Wyoming, aren't exactly in sync. By contrast, the European Central Bank is considering more stimulus. This year, central banks in Mexico, Sweden and South Korea, among others, have lowered rates.

  • *European shares wobble as Russia convey goes into Ukraine. LONDON, Aug 22- The high-flying dollar steadied on Friday as markets waited for steers on U.S. monetary policy, while escalating tensions over Ukraine halted a strong run-up by European stocks.

  • Germany backpedals on claim Qatar funds extremists Friday, 22 Aug 2014 | 7:50 AM ET

    BERLIN— Germany is seeking to calm a diplomatic spat with Qatar after the Gulf nation took umbrage at a German official's claim that it is funding the extremist Islamic State group. Gerd Mueller told public broadcaster ZDF that "the key word is Qatar."

  • FRANKFURT, Aug 22- German venture capital firm Rocket Internet and Zalando, Europe's biggest fashion retailer, are each on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.

  • *Berlin fears response from Putin if eastern rebels crushed. BERLIN/ KIEV, Aug 21- After months of ratcheting up pressure on Vladimir Putin, concern is mounting in Berlin and other European capitals that an emboldened Ukraine's military successes in the east are reducing the chances of a face-saving way out of the crisis for the Russian leader.

  • BERLIN, Aug 22- The German economy's surprise second-quarter contraction was probably due to Russian sanctions and confidence being eroded by the Ukraine crisis as well as the comparison with a bumper first quarter, the finance ministry said on Friday.

  • Music site SoundCloud to start paying artists Thursday, 21 Aug 2014 | 12:18 PM ET

    BERLIN— SoundCloud said Thursday that it will start paying artists and record companies whose music is played on the popular streaming site, a move that will bring it in line with competitors such as YouTube and Spotify. "This is something we've been wanting to get to ever since we started the company," SoundCloud founder Alexander Ljung told The Associated Press.

  • YOUR MONEY-Top travel tips for a hassle-free journey Thursday, 21 Aug 2014 | 12:11 PM ET

    Aug 21- When is the best time to book a trip to Walt Disney World? During a Twitter discussion on Aug. 19 hosted by Reuters, a panel of experts fielded questions about travel. The panel comprised Brian Kelly, who runs ThePointsGuy.com; Tim Winship, editor and publisher of FrequentFlier.com, and Jason Cochran, editor of Frommers.com.

  • French exports exceed those of Britain and Lithuania on the world market, but a wet summer has meant France is set to produce more wheat for animal feed and less higher grade bread-making grain this year.

  • *E.ON in talks to buy LNG from Mozambique, Israel, Peru, Tanzania. MILAN/ LONDON, Aug 21- Germany is providing multi-billion-euro financial guarantees to help its biggest utility E.ON strike long-term gas import deals, a source with direct knowledge of the matter said, as the country seeks to reduce its dependence on Russian supply.

  • FRANKFURT, Aug 21- For German car parts maker ZF Friedrichshafen its attempt to buy U.S. rival TRW will take the company to the front of the grid as the race to make cars ever more intelligent and connected splits the industry into those making commoditised components and system providers which put the driver in the back seat.

  • Survey indicates eurozone growing slowly Thursday, 21 Aug 2014 | 5:53 AM ET

    Markit economist Rob Dotson said Thursday the eurozone "looks ready to bounce back" following the second quarter but that third-quarter growth would be only around 0.3-0.4 percent. The survey showed activity in France, the eurozone's No. 2 economy, stabilized after three months of declines.