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US announces $7.2 billion settlement with Deutsche Bank

17 January 2017 | 0 comments

US officials on Tuesday formally announced a $7.2 billion settlement with the German lender Deutsche Bank, adding to a flurry of last-minute corporate resolutions by the outgoing administration of President...

Bayer-Monsanto to invest $8 bln in US

17 January 2017 | 0 comments

German chemicals giant Bayer will invest about $8 billion in the United States in agriculture research in conjunction with Monsanto, which it is purchasing, the companies said on Tuesday.The announcement...

Germany's top court rejects bid to ban far-right NPD party

17 January 2017 | 0 comments

Germany's highest court on Tuesday threw out a bid to ban the far-right NPD party, arguing that the xenophobic fringe outfit is too insignificant to spell a real threat to the democratic order.Federal...

'Finally a bit more clarity' on Brexit: Germany

17 January 2017 | 0 comments

Germany's foreign minister said Tuesday that British Prime Minister Theresa May had "finally brought a bit more clarity" with a highly anticipated speech on her government's Brexit plans.Seven months...

Trump wants 'great relationship' with Merkel: advisor

17 January 2017 | 0 comments

Donald Trump wants a "great relationship" with German Chancellor Angela Merkel, a member of his transition team said Tuesday, after the US president-elect sparked anger with criticism of her and NATO.Anthony...

Eurozone bank lending terms eased in 2016: ECB survey

17 January 2017 | 0 comments

Eurozone banks offered borrowers easier repayment conditions in the final quarter of 2016 but became pickier about the businesses they granted loans to, a European Central Bank survey released Tuesday...

Germany's top court rejects bid to ban far-right NPD party

17 January 2017 | 0 comments

Germany's highest court on Tuesday threw out a bid to ban the far-right NPD party, arguing that the xenophobic fringe outfit is too insignificant to spell a real threat to the democratic order."The request...

German investor confidence back on rise in January

17 January 2017 | 0 comments

Confidence among investors in Europe's largest economy, Germany, picked up in January, a closely-watched survey showed Tuesday, defying political uncertainty across the eurozone.After plateauing in December,...

ECB to resist calls for tighter money in 2017 kickoff

17 January 2017 | 0 comments

The European Central Bank will hold to its course at its first meeting of 2017 Thursday, analysts said, resisting clamour to tighten monetary policy from critics pointing to increasing inflation.Since...

German court to rule on banning far-right party

17 January 2017 | 0 comments

Germany's highest court will on Tuesday announce its ruling on whether to ban the far-right NPD party -- an explosive issue as Germany faces an election year roiled by an anti-immigration backlash.Chancellor...

Germany hopes public payslips will close gender pay gap

17 January 2017 | 0 comments

Under the new regulations, workers in companies with more than a certain number of employees can demand to know what men and women in equal positions are earning.

Kerry tells CNN Trump criticism of Merkel 'inappropriate'

16 January 2017 | 0 comments

Outgoing US Secretary of State John Kerry said Monday that President-elect Donald Trump had been wrong to criticise "courageous" German leader Angela Merkel, calling his remarks "inappropriate".Stopping...

Europe's fate 'in our own hands': Merkel after Trump barbs

16 January 2017 | 0 comments

German Chancellor Angela Merkel insisted on Monday that "we Europeans have our fate in our own hands", after Donald Trump criticised the EU and praised Britain's decision to leave the bloc.Merkel also...

Greece's second city to get German co-funded Holocaust museum

16 January 2017 | 0 comments

The Jewish community in Greece's second city Thessaloniki has finally got the go-ahead to build a Holocaust museum part funded by Germany, the group's president told AFP on Monday.The project to remember...

Poland to urge soft Brexit in talks with Germany: Kaczynski

16 January 2017 | 0 comments

The powerful head of Poland's governing right-wing Law and Justice (PiS) party on Monday said he would urge close ties with post-Brexit Britain in talks with German Chancellor Angela Merkel expected next...



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