Germany

Germany's Merck aims to grow, not sell $1 billion consumer health arm

Merck KGaA (MRCG.DE) aims to keep hold of its consumer healthcare unit, it said on Friday, pledging to develop a business that is expected to generate 2014 sales of $1 billion for the German drugs and chemicals company.

Read Full Article

Ahead of rate meeting, ECB's Lautenschlaeger sees very high hurdles to more easing

ECB Executive Board member Sabine Lautenschlaeger said on Saturday she saw little room for further easing of monetary policy despite a further fall in euro zone inflation.

Read Full Article

Putin to push trade in Turkey despite disagreement on Syria

Russian President Vladimir Putin's visit to Turkey on Monday will have trade and energy issues at its heart, but is not expected to bridge deep differences over Syria and Crimea.

Read Full Article

Germany backs Blackberry's purchase of Secusmart

Germany has approved Canadian smartphone maker Blackberry's (BB.TO) planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel.

Read Full Article

E.ON sells majority in U.S. wind farms to Enbridge

German utility E.ON (EONGn.DE) agreed to sell an 80 percent stake in two wind farms in the United States to Canada's Enbridge (ENB.TO), as the group continues to rake in much-needed cash by building and selling pricey renewable assets.

Read Full Article

ECB's Draghi warns countries to reform as clouds gather over euro zone

Failure to reform and shield weaker members threatens to divide the euro zone, the head of the European Central Bank warned on Thursday, amid fresh signs the currency bloc's economy is losing speed.

Read Full Article

EU watchdogs to apply 'right to be forgotten' rule on Web worldwide

European privacy regulators want Internet search engines such as Google (GOOGL.O) and Microsoft's Bing (MSFT.O) to scrub results globally, not just in Europe, when people invoke their "right to be forgotten" as ruled by an EU court.

Read Full Article

EE owners confirm takeover talks with BT

EE's German and French owners confirmed on Wednesday they were in talks to sell Britain's biggest mobile network operator to BT (BT.L) as part of a wider review of its options. Fixed-line operator BT said on Monday it was in talks with both Telefonica's (TEF.MC) O2 and a rival operator about buying a mobile business.

Read Full Article

Fashion chain Gap in deal with online retailer Zalando

Gap Inc (GPS.N) has struck a deal with Europe's largest dedicated online fashion retailer Zalando (ZALG.DE) to sell its core brand from next May, hoping to reach more consumers, particularly in markets where it has no physical stores.

Read Full Article

Thyssen CEO says sale of submarine unit possible

ThyssenKrupp would consider a sale of the group's military submarine business under certain conditions, the German steel maker's chief executive told daily Sueddeutsche Zeitung.

Read Full Article

Draghi throws ECB door open to money printing as global prospects dim

European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth.

Read Full Article

E.ON, Macquarie in exclusive talks over Spanish ops

Germany's top utility E.ON SE (EONGn.DE) has entered exclusive talks to sell its Spanish activities to Australian infrastructure investor Macquarie Group Ltd (MQG.AX), four sources familiar with the matter told Reuters on Wednesday.

Read Full Article

Fresenius bids for Danone's medical nutrition arm

The German medical group Fresenius (FMEG.DE) and the Permira investment fund PERM.UL have made an offer for the medical nutrition arm of Danone (DANO.PA), The Wall Street Journal reported on Wednesday, citing sources close to the matter.

Read Full Article

SAP CEO rules out big acquisitions in next few years

German business software maker SAP is doing an about-face on its acquisition strategy and plans no more big new deals in the next few years, its chief executive said on Wednesday.

Read Full Article

Germany to press EU for national right to ban GMOs before 2015 harvest

Germany is pressing the European Commission to allow individual EU countries to ban cultivation of crops with genetically modified organisms (GMOs) before the 2015 harvest.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics