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With concerts and memorials on Monday, Germans will celebrate the day the Berlin Wall came crashing down 20 years ago.
Deutsche Telekom AG reported third-quarter net income rose 7 percent as it remained focused on controlling costs and developing key markets in the U.S., Britain and Poland.
Deutsche Bank AG, Germany's biggest bank by assets, said Thursday that tax credits and increased trading revenue pushed its third-quarter earnings more than three times higher.
After cleaning up in the Nobel science prizes, the United States scored another coup: the peace prize for a president less than nine months in office.
The next time you snap a digital photo and post it to Facebook, you can probably thank the three men who won the Nobel Prize in physics Tuesday.
The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete with gas-powered vehicles, and give drivers more places to recharge them than just the family garage.
Fiat and Chrysler CEO Sergio Marchionne said Wednesday that the new auto alliance can reach a production of 5.5 million to 6 million cars a year on its own once the economy and car markets stabilze.
Two German merchant ships have traversed the fabled Northeast Passage after global warming and melting ice opened a route from South Korea along Russia's Arctic coast to Siberia.
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.
Ever feel that no matter how hard you try, you're walking in circles? A preliminary study by European scientists says that you are.
For months, European car buyers have been junking clunkers for cash, boosting automakers sales — but making experts fear that once the government handouts stop, the struggling car industry will return to a slump no pile of cash can conquer.
Luxury automaker BMW AG said Tuesday that its second-quarter profit skidded 76 percent lower as consumers put off buying its pricey vehicles. It said a "lasting" economic recovery was not yet in sight.
Germany's Deutsche Postbank AG reported Thursday a loss of euro14 million ($19.7 million) for the second quarter as the retail lender increased write-downs and provisions for risky loans.
Truck maker MAN SE reported Thursday a 94 percent drop in second-quarter net profit, as sales fell while orders remained flat, and said it does not see the economic situation improving any time soon.
German chemical company BASF SE warned of a significant drop in sales and earnings this year and said its second-quarter net profit plummeted nearly 74 percent to euro373 million ($526.1 million). The recession cut into sales and its acquisition of specialty chemicals firm Ciba also hit profits.
German automaker Volkswagen AG said Thursday that its second-quarter net profit plummeted 83 percent on lower sales of its cars — from Audis to Skodas — as consumers around the world put off big purchases during the recession.
Germany's Daimler AG said Wednesday that it lost euro1.06 billion ($1.51 billion) in the second quarter as the recession hurt car and truck sales and the company took charges related to its stake in Chrysler. But the company saw signs of a turnaround and its shares rose.
Deutsche Bank AG said Wednesday that an independent investigation of questionable surveillance activities at the company uncovered four incidents dating back more than a decade.
General Motors Co. said Thursday its talks over Opel's rescue will focus on the consortium of Canadian auto parts maker Magna International Inc. and Russian lender Sberbank and on RHJ International SA, a Belgium-based investor.
Iran is big business for Europe, whose companies sell it everything from rail equipment to turbines and even cell phone technology that has been used to block communications between protesters seeking to overturn disputed election results.
German auto company Karmann, which made the classic VW Karmann Ghia two-seater from the 1950s to the 1970s and also has built convertibles for Audi and Chrysler, filed for bankruptcy protection Wednesday, blaming the sharp decline in demand for cars for its predicament.
Daimler AG's shares rose Monday as investors cheered the announcement that Aabar Investments PJSC bought a 9.1 percent stake in the automaker, making it the biggest shareholder.
German automaker Daimler AG on Tuesday reported a euro1.53 billion fourth-quarter loss — its first in two years — and warned that sales of its marquee Mercedes-Benz cars would decline through 2009 because of the economic meltdown's pinch on the automotive industry.
Forget big business, this year politicians seem to have all the answers.
With my trench coat and dark glasses, I looked like a rumpled, portly version of Jason Bourne or James Bond as I stood by the Glienicke Bridge between Berlin and Potsdam, famed as the transfer point for captured spies between the East and the West during the Cold War.
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