Germany

Germany's ZF in advanced talks to buy TRW for near $12 billion: sources

NEW YORK/FRANKFURT - Germany's ZF Friedrichshafen AG is in advanced talks to acquire U.S.-based TRW Automotive Holdings Corp for nearly $12 billion, in a deal that would create an automotive supply powerhouse, according to people familiar with the matter.

U.S. regulators looking into UBS, Deutsche Bank speed trading operations

FRANKFURT/ZURICH - Germany's Deutsche Bank and Switzerland's UBS said they were caught up in an inquiry by U.S. regulators, who are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders. | Video

U.S. regulators looking into UBS, Deutsche Bank speed trading operations

FRANKFURT/ZURICH - Germany's Deutsche Bank and Switzerland's UBS said they were caught up in an inquiry by U.S. regulators, who are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders.

29 Jul 2014

Deutsche Bank's Postbank takeover hit by new regulatory delay

FRANKFURT - Deutsche Bank's takeover of Postbank was hit with a fresh regulatory delay on Wednesday, when Germany's Federal Supreme Court failed to give final clearance to the deal and instead referred a lawsuit over its terms to an appeals court.

Deals, 29 Jul 2014

U.S. Energy Secretary defends possible German nuke waste imports

AIKEN South Carolina - U.S. Energy Secretary Ernest Moniz on Monday defended his agency's controversial move to consider processing spent nuclear fuel from Germany at South Carolina's Savannah River Site nuclear facility, saying the proposal is consistent with U.S. efforts to secure highly enriched uranium across the globe.

Environment, Politics 28 Jul 2014

Commerzbank deepens job cuts in toughened savings plan: sources

FRANKFURT - Commerzbank, Germany's second-biggest bank, is widening the scope of its savings program and plans to shed more than 450 jobs on top of an ongoing restructuring plan, three people familiar with the matter said.

28 Jul 2014

Peace before economy for Russia sanctions, German Fin Min tells paper

BERLIN - Germans must put peace before economic considerations and accept tougher sanctions against Russia if necessary, Germany's finance minister told the Bild am Sonntag newspaper on Sunday.

World, Russia, 27 Jul 2014

Pilots' union raps Lufthansa move to resume Israel route

FRANKFURT - Germany's pilots' union criticized a decision by Air Berlin and Lufthansa to resume flights to Israel, ending a ban imposed in response to fears that rockets fired from the Gaza Strip may hit aircraft.

BSkyB to pay $9 billion to create Sky Europe

LONDON/PARIS - Britain's BSkyB has agreed to pay $9 billion to buy the Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers. | Video

Deals, Italy, Rupert Murdoch 25 Jul 2014

Lufthansa to resume flights to Tel Aviv on Saturday

FRANKFURT - Germany's Lufthansa said it would resume flights to Israel's Tel Aviv airport on Saturday July 26, lifting a ban imposed in response to fears that rockets being fired from the Gaza strip could pose a threat to aircraft.

World, Israel 25 Jul 2014
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Gaza toll soars as Israel 'days' from completing tunnel hunt

GAZA/JERUSALEM - Israel pressed ahead with its Gaza offensive saying it was days from achieving its core goal of destroying all Islamist guerrilla cross-border attack tunnels, but a soaring Palestinian civilian toll has triggered international alarm.