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.
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
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.
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.
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.
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.
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.
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.
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
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.
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.