Germany's Merkel says market reform pledges must be fulfilled, no more 'business as usual' Newsday | BERLIN (AP) — Governments must follow through on pledges to reform the global financial system, German Chancellor said Thursday, insisting that signs the crisis is easing cannot mean a return to "business as usual." | Addressing parliament ahead of next week's summit in , Merkel said summits...
Porsche says Qatar submits written offer for deal The Guardian * State premier "irritated" by Porsche accusation * Says Porsche does not have all the facts * Remains in favor of deal between the two carmakers (Recasts with Qatar offer) FRANKFURT/BERLIN, June 29 (Reuters) - Qatar has made an offer to the controlling Porsche and Piech families that could help red...
Deutsche Post completes Deutsche Bank share sale Syracuse | (AP) - FRANKFURT - German mail and logistics company Deutsche Post AG has sold off its remaining shares in Deutsche Bank AG, the company said Monday. | The sale of the shares, which it received in the recent sale of its retail bank Postbank AG unit...
German mail operator Deutsche Post sells remaining Deutsche Bank shares Newsday | FRANKFURT (AP) — German mail and logistics company Deutsche Post AG has sold off its remaining shares in , the company said Monday. | The sale of the shares, which it received in the recent sale of its retail bank Postbank AG unit to Deutsche...
Porsche denies report more bidders for VW package The Guardian (Repeats to add Update 1 to headline) * Porsche says continues exclusive talks with Qatar * Porsche denies report on further bidders for VW stake * Volkswagen shares fall more than 4 percent (Recasts with Porsche comments) FRANKFURT, July 6 (Reuters)...
Daniel Rubin: Remnant of war poses conundrum Philadelphia Daily News | By Daniel Rubin | Inquirer Columnist So what do I do with the Nazi flag? | Cousin Bobby asked us to grab it, before someone else went through the house and found it in the attic - folded up and faded by the sun, but still capable of inspiring horro...
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Porsche's 9-month profit drops to euro4.6 billion Philadelphia Daily News | PATRICK McGROARTY | The Associated Press | BERLIN - Automaker Porsche SE said Friday its nine-month profit dropped 15 percent to euro4.6 billion ($6.4 billion), excluding its hol...
Euro up against dollar to $1.3920 Syracuse | (AP) - BERLIN - The euro gained some ground against the U.S. dollar Friday after slipping amid upbeat reports on the American economy the day before. | The 16-nation euro bought ...
Euro rises against US dollar to $1.3976 Syracuse | (AP) - BERLIN - The euro rose against the U.S. dollar Thursday as investors worried that recent market rallies and improved economic indicators may not be enough to halt the wors...
ThyssenKrupp scraps sale of services unit The Times Of India | Text: FRANKFURT: ThyssenKrupp, Germany’s largest steelmaker scrapped the sale of an industrial services unit as part of a e1 billion ($1.4 billion) disposal of assets after buyers pulled out, ...
Opel remains up for grabs Hong Kong Standard The outcome of the bidding war for German carmaker Opel is still up in the air, Germany's economy minister said. | //--> Monday, July 06, 2009 | The outcome of the bidding war for German carmaker Opel is still up in the air, Germany's economy ministe...
Porsche Rejects Volkswagen's Offer The New York Times | Porsche rebuffed Volkswagen's proposed purchase of 49 percent of the sports car maker as part of a merger on Monday, saying a sale of the unit would incur a financial penalty that rendered the deal impractical. Skip to next paragraph Add to Portfolio Porsche AG Volkswagen AG | Go to your Portfolio » | "It's not that we're rejecting the offer," a ...
Signs point to biggest S&P rally since 1998 Houston Chronicle | U.S. stock futures rose, indicating the Standard & Poor's 500 Index may extend its biggest quarterly rally since 1998, as UBS AG recommended Goldman Sachs Group Inc. and higher oil prices lifted energy producers. | Goldman Sachs climbed in Germany after the shares were rated "buy" in resumed coverage at UBS. Chevron Corp. and ConocoPhillips gaine...