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Angela Merkel

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  • Germany signs no-spy deal with BlackBerry Friday, 28 Nov 2014 | 8:54 AM ET

    BERLIN— Germany has approved BlackBerry's purchase of encryption firm Secusmart after signing a "no-spy" agreement with the Canadian smartphone maker. German media report that BlackBerry has agreed to provide Germany with access to software source codes. Germany reacted with anger last year to reports, based on documents leaked by Edward Snowden, that the...

  • Germany backs Blackberry's purchase of Secusmart Friday, 28 Nov 2014 | 5:05 AM ET

    BERLIN, Nov 28- Germany has approved Canadian smartphone maker Blackberry's planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel. The issue was particularly sensitive in Germany, given that the deal was announced after revelations that U.S....

  • INSIGHT-Behind Google's Europe woes, American accents Wednesday, 26 Nov 2014 | 1:19 PM ET

    *Google in firing line in Europe as lawmakers vote on break-up. BRUSSELS, Nov 26- When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an ageing Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants. Indeed, to many in Brussels it is Google's fellow Americans- such as Microsoft,...

  • Germany to require 30 pct women in top boardrooms Wednesday, 26 Nov 2014 | 4:53 AM ET

    BERLIN— Germany's leading companies will need to have at least 30 percent women on their supervisory boards from 2016, according to a new directive being adopted by the government, Chancellor Angela Merkel said Wednesday. The leaders of Germany's Social Democrats and Merkel's conservative bloc agreed on the measure at a late-night meeting Tuesday.

  • *German Q3 GDP up 0.1 percent, in line with flash estimate. *Private consumption posts biggest rise in three years. BERLIN, Nov 25- A sharp rise in private consumption more than compensated for stubborn weakness in investment to help the German economy post modest growth in the third quarter and avoid a technical recession, data showed on Tuesday.

  • BERLIN, Nov 23- Germany is working on a new law to force energy companies to shut down several more coal-fired power plants as it tries to reach ambitious climate goals, a document seen by Reuters showed on Sunday. Although Germany has seen a boom in green energy, accounting for about 25 percent of overall power generation, environmentalists criticise the country...

  • PARIS, Nov 23- The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. Treasury Secretary Larry Summers says Europe risks "secular stagnation"- a long-term, self-perpetuating slump similar to the one that followed the Great Depression in the 1930 s. France's economy is flatlining, Italy's has fallen back into...

  • Nov 21- The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company's dominance in the search market. European politicians have grown increasingly concerned about Google's and other American...

  • BERLIN, Nov 19- The German government has quietly scrapped plans to look into partly privatising railway operator Deutsche Bahn after a Reuters report week prompted a backlash from members of Chancellor Angela Merkel's ruling coalition. The SPD-run economy ministry insisted on a change in the wording, Deputy Finance Minister Johannes Geismann said in a...

  • Russian president denies he fled summit pressure Sunday, 16 Nov 2014 | 5:18 AM ET

    BRISBANE, Australia— Russian President Vladimir Putin made an early exit on Sunday from a two-day summit of world leaders where he was roundly criticized over Russia's escalating aggression in Ukraine, but brushed off suggestions that he had felt pressured. He also departed Australia shortly before President Barack Obama and European leaders opened their...

  • *Russia at crossroads over Ukraine, more sanctions possible. BRISBANE, Australia, Nov 16- Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine. President Barack Obama accused Russia of...

  • FRANKFURT, Nov 16- As large parts of Europe's economy grind almost to a halt, attention will focus this week on the latest assessments of business confidence in the euro zone and Germany, which has just narrowly avoided a recession. While the United States economy has accelerated and China holds a slower but steady course, euro zone countries have remained...

  • BRISBANE, Australia, Nov 16- Russian President Vladimir Putin said on Sunday there was a "good chance" of resolving the conflict in Ukraine as Western leaders squarely blamed Moscow and threatened to slap more sanctions if it did not take action to end the crisis. Putin was speaking at a G20 leaders summit in Brisbane where he has come under intense pressure, with...

  • UPDATE 1-Russia's rouble steady after central bank float Wednesday, 12 Nov 2014 | 4:15 AM ET

    MOSCOW, Nov 12- Russia's rouble held steady on Wednesday after several days of volatile trading and a central bank decision to float the currency, with investors cautious after the bank warned of large forex market interventions to punish "speculators". Prices for benchmark Brent crude futures, which slipped below $81 a barrel on Wednesday and were near their...

  • FRANKFURT, Nov 11- German industrial group Bilfinger installed corporate veteran Eckhard Cordes as chairman on Tuesday, hoping he can get the company back on track after a string of profit warnings that have hammered its shares. The German's appointment is part of a reshuffle driven by top shareholder Cevian, a Sweden- based European activist investment firm.

  • BERLIN, Nov 11- The German government is considering reducing its stakes in Deutsche Telekom and Deutsche Post, and could revive the idea of selling shares in rail operator Deutsche Bahn depending on market conditions, according to a finance ministry document seen by Reuters. It says a further sale of Berlin's stake in Deutsche Telekom should be "carefully...

  • *Eurogroup chief calls on Germany to do more. BERLIN, Nov 6- German Finance Minister Wolfgang Schaeuble announced 10 billion euros in additional public investments on Thursday but said Berlin would only splash out more money once it had achieved its goal of balancing the federal budget next year. Germany is under intense pressure from some of its European...

  • *National bankers fault secretiveness, communication style. *Some members plan to raise concerns at governors' dinner. FRANKFURT/ PARIS, Nov 4- National central bankers in the euro area plan to challenge European Central Bank chief Mario Draghi on Wednesday over what they see as his secretive management style and erratic communication and will urge him to act...

  • *Insurgent leaders win rebel votes in east Ukraine. KIEV/ DONETSK, Ukraine, Nov 3- Ukrainian President Petro Poroshenko called an emergency meeting of his security chiefs for Tuesday to discuss new ways of dealing with the separatist challenge in the east after rebel elections that were denounced by Kiev and the West. The rogue votes, which Kiev says Russia...

  • *Russia says vote gives rebels right to speak to Kiev. DONETSK, Ukraine, Nov 3- Pro-Russian separatists in Ukraine named a leader of a breakaway republic on Monday after weekend elections which was denounced by Kiev and the West and further deepened a standoff with Russia over the future of the former Soviet state. The rogue votes, which Kiev says Russia encouraged,...