February 9, 2010
Published: 8 Dec 08 08:32 CET
Online: http://www.thelocal.de/money/20081208-15967.html
German Chancellor Angela Merkel plans to block European Union climate protection resolutions that could endanger German jobs at a summit this week, she told daily Bild on Monday.
AFP/DDP/The Local (news@thelocal.de)
China overtook Germany last year to become the world's leading exporter as German trade suffered its sharpest slump since 1950, figures from Germany's Federal Statistics Office showed on Tuesday. READ »
Opel boss Nick Reilly presented on Tuesday a plan for the future of the ailing General Motors unit, with a forecast loss of 8,300 jobs from a total of around 50,000, as expected. READ »
Shares in German-based SAP, the world's largest professional software group, slumped Monday after the company said Leo Apotheker would step down as chief executive officer to be replaced by two company insiders. READ »
The European Union’s competition watchdog vowed on Sunday to keep a tight rein on how state aid is given to ailing carmaker Opel, as the firm’s parent company prepares its pitch for help from countries including Germany. READ »
Top managers at the beleaguered carmaker Opel will once again be eligible for bonuses, sparking anger from company workers facing layoffs, the head of the staff association said Saturday. READ »
The 40 millionth Ford “Made in Germany” rolled from the US carmaker’s plant in Cologne on Friday – some 85 years after starting production in the country. READ (5 COMMENTS) »
Fears that uncertain recovery in Europe's biggest economy could stall were stoked Friday when data showed that German industrial production suffered a sharp setback in December. READ »
Germany's state-owned railway company Deutsche Bahn said Thursday it had won a contract to operate a regional train network in the northeast of Britain. READ (2 COMMENTS) »
Germany's biggest lender, Deutsche Bank, bounced back last year with a robust net profit of €5 billion following a loss of €3.9 billion in 2008. READ (2 COMMENTS) »
A solid majority of Germans believe welfare benefits are too low in their country, according to a survey published on Wednesday. READ (12 COMMENTS) »
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