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German parties regroup for last-ditch coalition push

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BERLIN Germany's three would-be coalition partners went deep into overtime in talks on Saturday as they sought enough common ground in climate and migration policy to form a government and stave off the prospect of a repeat election.

Saudi Arabia recalls ambassador to Germany over Gabriel comments

CAIRO Saudi Arabia has summoned its ambassador in Germany home for consultations over comments by German Foreign Minister Sigmar Gabriel about the political crisis in Lebanon.

World, Saudi Arabia, Lebanon 11:59am EST

German parties head into long weekend of coalition talks

BERLIN Germany's would-be coalition partners continued talks on Friday after all-night negotiations failed to produce a breakthrough, with Chancellor Angela Merkel's conservatives saying they would compromise further on climate change policies to secure a deal.

World, Nov 17 2017

Films about migration, terrorism win German Bambi awards

BERLIN Films about terrorism, migration and the struggle for women's rights swept Germany's Bambi awards on Thursday evening, with Chinese dissident and filmmaker Ai Weiwei urging the star-studded audience to keep faith in humanity.

Entertainment, Film, Nov 17 2017

BNP damps down Commerzbank tie-up talk, says just friends

FRANKFURT BNP Paribas Chairman Jean Lemierre on Friday damped down speculation that France's biggest bank is interested in a tie-up with Germany's Commerzbank .

France, Nov 17 2017

Exclusive: Germany's top banks step up efforts to offload toxic shipping debt

LONDON/FRANKFURT Top national lenders Deutsche Bank <DBK Gn.DE> and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system grapples with $100 billion in toxic debt from the sector.

Campaign Finance Nov 17 2017

Daimler to invest $755 million in China for electric car, battery production: executive

GUANGZHOU/BEIJING Germany's Daimler AG plans to invest 5 billion yuan ($755 million) in China, jointly with its Chinese joint-venture partner, for capacity to produce electric cars and the batteries that power them - part of an effort to help its China operations comply with the country's green car production and sales quotas.

Volkswagen board discusses 70 billion euro spending plan: source

FRANKFURT Volkswagen's supervisory board is discussing a five-year spending plan totaling more than 70 billion euros ($82.5 billion) to transform the group into a leader in electric cars, a person familiar with the talks told Reuters.

Nov 17 2017

ProSieben attracts bids for stake in digital ops: sources

FRANKFURT/LONDON Germany's ProSiebenSat.1 has attracted bids from private equity firms for a stake in its ecommerce portfolio as it seeks cash to finance a shift away from its television advertising business, sources close to the matter said.

Nov 16 2017

Refugee crisis influx no boon for German integration: study

BERLIN The wave of refugees that entered Germany in 2015-2016 has slowed its integration efforts, according to a study that also showed little progress since 2005 in leveling the playing field for immigrants on education, employment and incomes.

World, Nov 16 2017
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Zimbabwe's ruling party set to sack Mugabe, sources say

HARARE The leaders of Zimbabwe's ruling ZANU-PF party will meet on Sunday to approve the dismissal of President Robert Mugabe, the only leader the southern African nation has known since independence 37 years ago, two party sources have said.