Labor groups anxious for word on Opel, but no immediate decision likely from GM board meetingFRANKFURT — General Motors Co.’s board begins a two-day meeting in Detroit on Tuesday with labor organizations pressing for a decision on the fate of its European unit Opel, where thousands of German jobs are on the line. German exports up 2.3 percent on the month in July; industrial production down 0.9 percentFRANKFURT — German exports were up 2.3 percent on the month in July, showing their third consecutive monthly improvement, though industrial production fell 0.9 percent for the month, official data showed Tuesday. Opel decision could come from GM board this week; Germany anxious to know outcomeFRANKFURT — General Motors Co.’s board begins a two-day meeting in Detroit Tuesday that could see it decide the fate of its European unit Opel, an outcome German business leaders and politicians hope preserves thousands of jobs. Opel decision could come from GM board meeting; Germany eager to know outcomeFRANKFURT — General Motors Co.’s board is beginning a two-day meeting that could see it decide the fate of its German unit Opel, with German business leaders and politicians hoping any solution preserves jobs. German second quarter services sales fell 11 percent, Federal Statistical Office saysFRANKFURT — The German services sector saw second quarter sales fall 11 percent compared with a year earlier as the economic downturn continued to hurt demand. Amid signs of improving economy, ECB keeps key interest rate unchanged at 1 percentFRANKFURT — Improving consumer and business sentiment are signs of an economic rebound in the countries using the euro, European Central Bank president Jean-Claude Trichet said Thursday — though he warned any recovery was bound to be uneven. Amid signs of improving economy, ECB keeps rate unchanged at 1 pctFRANKFURT — The European Central Bank has left its benchmark rate unchanged at 1 percent as markets wait for word that it may raise its economic forecasts. As signs of improvement spread, European Central Bank likely to hold off on rate moves for nowFRANKFURT — Signs of nascent economic recovery in the euro zone mean the European Central Bank could lift key portions of its outlook when its governing council meets Thursday — although it is almost certain to leave interest rates unchanged. 6 nations meet on Iran nuclear program amid Tehran new proposals talkFRANKFURT — Six countries trying to address concerns about Iran’s nuclear program met Wednesday to review developments, and officials urged Iran to agree to talks before the U.N. General Assembly meets later this month. 6 nations to meet on Iran nuclear program amid Tehran new proposals talkFRANKFURT — Six countries trying to address concerns about Iran’s nuclear program are to meet in Germany Wednesday, a day after the Islamic regime said it would present a new package of proposals. Wounded CBS correspondent Cami McCormick to be flown to US, network saysFRANKFURT — A CBS Radio News correspondent wounded in eastern Afghanistan will be flown to the United States from a military hospital in Germany, possibly as early as Tuesday, her employer said. Daimler’s Mitsubishi Fuso unit considers possible bus partnership with Nissan DieselFRANKFURT — German car, truck and bus maker Daimler AG said Monday its Mitsubishi Fuso Truck and Bus Corporation and Nissan Diesel Motor Co. Ltd. had signed a letter of intent to work more closely together and possibly establish a joint venture in the bus business. German media company Bertelsmann makes 1H net loss of €368 million as spending fallsFRANKFURT — German media company Bertelsmann said Monday it lost money in the first half of the year on declines in advertising revenue and consumer spending. German media company Bertelsmann makes 1H net loss of euro368 million as spending fallsFRANKFURT — German media company Bertelsmann said Monday it lost money in the first half of the year on declines in advertising revenue and consumer spending. European Commission approves German airline Lufthansa’s takeover of Austrian AirlinesFRANKFURT — German airline Deutsche Lufthansa AG said Friday the European Commission has approved its takeover of Austrian Airlines Group, allowing it start integrating the company in September. German government official says GM decision on Opel at least week and a half offFRANKFURT — Any decision on the fate of General Motors Co.’s European unit Adam Opel GmbH is still probably weeks off, a German government spokesman said Friday. Euro falls to $1.4337 in European morning trading; more economic signals point upwardFRANKFURT — The euro fell slightly against the dollar Friday as more economic signals continued to point upward. Germany arrests terror suspect with alleged links to cell plotting attacks against US targetsFRANKFURT — German authorities have arrested another suspect allegedly linked to a radical Islamic terror cell that plotted to attack U.S. targets in Germany, prosecutors said Friday. Gold-plated horse head from Roman era found in GermanyFRANKFURT — Scientists say a Roman horse head made from bronze and plated in gold has been discovered at an archaeological site in Germany. Germany’s forward-looking GfK consumer climate survey rises for SeptemberFRANKFURT — German consumers’ confidence in their economy — Europe’s largest — continued to rise as growth and income expectations for September increased from August, a leading survey said Thursday. German conglomerate Siemens buys majority in Yangtze Delta and GIS Steel & Aluminum of ChinaFRANKFURT — German industrial conglomerate Siemens AG said Wednesday it bought a majority stake in two small Chinese metal companies, but did not release financial details. German business sentiment improves in August, according to Ifo Business Climate IndexFRANKFURT — German business confidence improved for a fifth consecutive month in August as the economy showed signs of recovery from its deep downturn, a closely watched survey said Wednesday. German airline Air Berlin’s second quarter net profit falls 9 percent to €7 millionFRANKFURT — German airline Air Berlin PLC said Tuesday its net profit fell about 9 percent in the second quarter as the global economic downturn continued to weigh on air travel. IKB Deutsche Industriebank posts €19 million Q1 net profit; loan loss provisions increaseFRANKFURT — German lender IKB Deutsche Industriebank AG said Monday it returned to a net profit in its fiscal first quarter after booking big financial write-downs last year, though its loan loss provisions more than doubled during the beginning of its 2009 financial year. IKB Deutsche Industriebank posts euro19 million Q1 net profit; loan loss provisions increaseFRANKFURT — German lender IKB Deutsche Industriebank AG said Monday it returned to a net profit in its fiscal first quarter after booking big financial write-downs last year, though its loan loss provisions more than doubled during the beginning of its 2009 financial year. German investor confidence rose sharply in August, closely watched ZEW survey saysFRANKFURT — Investor confidence in Germany, Europe’s biggest economy, rose sharply in August as hopes grew that the economy will recover faster than previously expected, a closely-watched survey showed Tuesday. German carmaker Volkswagen says global deliveries increased 6.7 percent in JulyFRANKFURT — German carmaker Volkswagen AG said Monday its worldwide deliveries increased by nearly 7 percent in July despite the global recession that has ravaged the sector this year. US Army reduces soldiers’ sentences after murder convictions in 2007 deaths of 4 IraqisFRANKFURT — The U.S. Army said Friday it had reduced the sentences of three soldiers convicted of murder in the execution-style slayings of four bound and blindfolded Iraqi detainees. German construction company, airport operator Hochtief says 2Q net profit down 6 percentFRANKFURT — German construction company and airport operator Hochtief AG said Friday that second quarter net profit fell 6 percent but that the order backlog increased to an all-time high despite the economic crisis. German carmakers VW and Porsche supervisory boards to meet, news on tie up could emergeFRANKFURT — Officials from German car companies Volkswagen AG and Porsche AG were meeting in Wolfsburg Thursday afternoon amid intense interest about their announced merger. |
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