Merkel calls for joint action to stem crisis

Merkel calls for joint action to stem crisis

Chancellor Angela Merkel called Thursday for urgent coordinated action to ease the impact of the financial crisis on the mainstream economy, but said new jobless data gave a glimmer of hope.

Physical and sexual abuse affects 40 percent of women

Physical and sexual abuse affects 40 percent of women

An estimated 40 percent of all German women will be physically or sexually abused in their lifetime, the Robert Koch Institute reported on Thursday.

What’s on in Germany: October 30-November 5

What’s on in Germany: October 30-November 5

This Week's Highlights: Berlin's month of photography, a long night of museums in Cologne, and a guitar festival in Frankfurt.

Naked man sparks police chopper search

Naked man sparks police chopper search

Bavarian cops took a naked, half-frozen man into custody on Thursday after several complaints sparked an elaborate hunt involving a police helicopter.

Germany launches first gay TV channel

Germany launches first gay TV channel

After months of careful preparation, Germans will be able to tune into the country’s first completely gay TV channel on Saturday.

First snow snarls southern traffic

First snow snarls southern traffic

The first snowfall of the year snarled traffic in the southwestern German state of Baden-Württemberg on Thursday morning.

Berlin inaugurates contemporary art hall

Berlin inaugurates contemporary art hall

Berlin's new contemporary art hall opened on Wednesday night with an inaugural exhibition by artist Candice Breitz in the heart of the city. The Local’s Kristen Allen was there to check out the hype.

VW earnings resist economic slump

VW earnings resist economic slump

German auto giant Volkswagen said on Thursday it has resisted the current economic slump better than rival carmakers in the first nine months of 2008 and that it stood by its outlook for the full year.

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BASF lowers 2008 earnings targets

BASF, the world's leading chemical group, lowered on Thursday its 2008 earnings targets and voiced concern about a possible recession next year.

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Retailer Metro warns of slower sales

Metro, the biggest German retailer and number two in Europe, published figures on Thursday showing it had been hit by cautious shopping, and growth slowed in the third quarter.

German unemployment hits 16-year low

German unemployment hits 16-year low

The number of people unemployed in Germany fell below three million for the first time for 16 years in October, data from the Federal Labour Agency showed on Thursday.

Steinbrück expects private banks to ask for state aid

Steinbrück expects private banks to ask for state aid

A certain number of German banks will apply for state aid in the coming days, including some who had said they would not need it, Finance Minister Peer Steinbrück told the Financial Times Deutschland on Thursday.

Germany mulling tax break for green cars

Germany mulling tax break for green cars

The German government is reportedly considering temporarily eliminating taxes on low-emission new cars in an attempt to aid the country’s ailing auto industry.

Germans back nationalization of key industries

Germans back nationalization of key industries

A large majority of Germans would back partial nationalizations within strategic sectors to protect them against potential foreign takeovers, a poll published in weekly magazine Stern on Thursday showed.