* German central bank head urges policy tightening as soon as possible
said on Saturday that new allegations of U.S. spying showed Berlin and Washington were completely at odds over how they viewed the role of intelligence, and she hoped German action would persuade the United States not to spy on partners.
FRANKFURT, July 12 (Reuters) - German utility E.ON sees no need for any writedowns as a result of current low power prices, its finance chief was quoted as saying in a German newspaper on Saturday.
FRANKFURT, July 12 (Reuters) - The European Central Bank's interest rates are too low for Germany , Bundesbank chief Jens Weidmann said on Saturday, adding that ECB monetary policy should remain expansive for no longer than absolutely necessary.
FRANKFURT, July 12 (Reuters) - German chemicals and drugs company Merck KGaA is in the market for mid-size acquisitions to bolster its pharmaceuticals division, the head of that unit told Swiss business paper Finanz und Wirtschaft.
week, at least in stronger economies (the United States and Germany ) but not the peripheral bond markets (Portugal and Italy ..... May, with most markets down by close to 2%. Even powerful Germany was down 1.8%. Although Markit purchasing manager data
By Sammy Pollack : Shares of TRW Automotive ( TRW ) have surged higher following reports that German auto parts maker ZF Friedichshafen is preparing a bid for TRW. While TRW shares have already moved up a lot on the news, I believe
years, real growth in consumption averaged 9.1% per year, compared to 1.5% in the U.S. and Japan, and 1.2% in Germany , according to IMF calculations. <PAGEBREAK>And if we convert China’s private consumption into U.S. dollars, the
FRANKFURT/BERLIN, July 11 (Reuters) - German car parts maker ZF Friedrichshafen's takeover offer for rival TRW looks unlikely to draw rival bids for the U.S. company but could trigger further deals down the line, bankers and analysts said on Friday.
LONDON, July 11 (Reuters) - British insurer Direct Line is in advanced talks with several industry players to sell its operations in Germany and Italy, two sources close to the deal said.