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Breaking News Sun, 1 Aug 2010
German Chancellor Angela Merkel, left, listens as Chinese Premier Wen Jiabao speaks during a press conference at the Great Hall of the People in Beijing, China, Friday, July 16, 2010.
(photo: AP / Ng Han Guan)
China finds a friend in Germany
Asia Times
|      Jul 31, 2010 China finds a friend in Germany | By Jian Junbo | SHANGHAI - China and Germany are moving toward a closer and friendlier partnership, a process that seemed highly unlikely just three years ago and which could provide Beijing with an influential ally on the wor...
 General view of the new headquarters, center, of German pharmaceutical company Bayer AG in the weste
(photo: AP Photo)
Bayer's 2nd-quarter profit down 1.3 percent
Philadelphia Daily News
| The Associated Press | BERLIN - Germany's Bayer AG saw second-quarter net earnings slip by 1.3 percent as a stronger revenue was offset by one-time charges for lawsuits and writing down a cancer drug. | The maker of pharmaceuticals, specialized plastics and farm products earned euro525 million ($6...
BP to sell German petrol station unit Aral: Report
The Times Of India
BERLIN: Cash-strapped British oil giant BP is looking to sell its German fuel station unit Aral for at least two billion euros ($2.6 billion), a German magazine reported on Saturday. | Wirtschaftswoche cited unnamed investment bankers as saying that ...
Reviving fiscal federalism
Gulf News
| It is an old debate, but tensions within the euro area have revived it: can a monetary union survive without some form of fiscal federalism? | This issue is of persistent concern for investors worldwide. Holders of European government bonds believe...
NZ taken for a spin
NZ Herald
By 4:00 AM Sunday Aug 1, 2010 Email Print | German chainsaw manufacturer Stihl is using New Zealand as a test market for its concept of a nationwide chain of franchised power tool retailers. | This country is the first place in the world the company ...
Boeing gets earful of 777 advice from a customer with clout
Seattle Times
| One Boeing customer may have more influence than any other outsider on the crucial decision facing the company this year concerning the future of its star wide-body, the 777. | Tim Clark, president of giant Dubai airline Emirates, wielded his clout...
Nach oben geht die Kurve auf der Anzeigentafel des Deutschen Aktienindex (DAX) am Donnerstag, 24. Januar 2008, an der Wertpapierboerse in Frankfurt. Mit kraeftigen Kursaufschlaegen ist der deutsche Aktienmarkt am Donnerstag in den Handel gestartet. Der Deutsche Aktienindex (DAX) legte am Morgen um fast 300 Punkte oder 4,4 Prozent zu, auch MDax und TecDAX lagen deutlich im Plus. (AP Photo/ Bernd Kammerer)--- View of the German stock index (DAX) display at the Stock exchange in Frankfurt, Germany, Thursday, Jan. 24, 2008. European markets surged Thursday as a stunning comeback on Wall Street overnight heartened investors over concerns about the U.S. economy. Markets in Britain, Germany, and France followed most Asian markets to rise Thursday morning, helping erase losses from their steep slide earlier this week that was driven by fears of a recession in the U.S., a vital export market. (AP Photo/Bernd Kammerer)hg3
AP Photo / Bernd Kammerer
German 2010 GDP growth may be above 2%: Economy Minister
DNA India
| Berlin: The German economy will likely grow stronger in 2010 than the government had earlier expected, with GDP seen expanding by 2% or more, economy minister Rainer Bruederle sa...
German Chancellor Angela Merkel speaks during an event with the title 'Made in Germany: The social economy" organized by the 'Initiative New Social Economy' in Berlin, Germany, Tuesday, June 2, 2009.
AP / Michael Sohn
Platitudes Create Rifts Between Berlin and Its Allies
The New York Times
| BERLIN — More than a century ago, Kaiser Wilhelm II, Emperor of Germany and King of Prussia, bombastically half-commanded the world to heal itself through an infusion of so...
Euro currency
Creative Commons / 1suisse
Euro hovers short of 2-month highs
Herald Tribune
| BERLIN - The euro hovered a little short of two-month highs against the dollar on Monday, despite a rating agency's downgrade for Irish government bonds, as concern persisted ove...
GIDC And Germany To Contest STX Korea To Provide A Better And Transparent Deal On The Affordable Housing Proposal
Peace FM Online
Open letter to: | The President of Ghana. | The members of parliament. | The Media. | The Minster for Roads and housing (Hon. Alan Bagbin). | The general public. | Ladies and gentlemen, | I will like to take this authority on behalf of the Ghana Inte...
BP may sell German gas stations for $2.6 bn: Report
The Times Of India
VIENNA: BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP's plans. | Wirtschaftswoche said Franc...
BP May Sell German Gas Stations for $2.6 Billion
ABC News
| July 31, 2010 | VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP's plans. ...
Mergers
The Minneapolis skyline rises through the rain as an arriving Northwest Airlines jet taxis at Minneapolis-St. Paul International Airport Friday, Oct. 23, 2009.
(photo: AP / Jim Mone)
Airlines Focus on Revival
The New York Times
| Early this month, Pierre-Henri Gourgeon, the chief executive of Air France, invited Airbus and Boeing to offer proposals, with prices, for perhaps 100 mid-size, long-range aircraft in the extra-wide-bodied A350 and the Boeing 787 families, to be delivered over the coming decade. Related | Bumpy Ride Ahead for Air Industries (July 19, 2010) Acrimo...
Stocks
In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.
(photo: AP / dapd, Mario Vedder, File)
Unholy trinity sets up bank failures
Asia Times
|      Jul 31, 2010 Unholy trinity sets up bank failures | By Chan Akya | Three discrete events over the past couple of weeks have confirmed the worst suspicions of non-Keynesians that governments remain not just beholden to banks around the world but positively scared of them. | Exhibit A is the cartoonish European bank "stress...



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