Germany

German growth stunner cheers markets

A forecast-smashing growth reading from Germany sent stock markets higher and low-rated bond yields lower on Friday, putting global equities on track for a second straight week of gains.

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Wall St. ends flat while investors await Greece, Ukraine news

The S&P 500 index finished unchanged on Wednesday as investors were reluctant to make big bets while they waited for the outcomes of major talks involving Greece and Ukraine, but Apple helped boost the Nasdaq after an activist investor's bullish comments.

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China says 'knows nothing' about aid offer for Greece

China's Foreign Ministry said on Wednesday it had no knowledge of any offer by Beijing for aid to Greece after Greece's deputy foreign minister said China had offered economic support even though Athens had not requested it.

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U.S. urges euro zone leaders to compromise with Athens: FT

The Obama administration is pushing euro zone leaders to compromise more with Greece's new government as fears grow that a protracted budget stand-off could damage the global economy, the Financial Times reported on Sunday.

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Greek finance minister says euro will collapse if Greece exits

If Greece is forced out of the euro zone, other countries will inevitably follow and the currency bloc will collapse, Greek Finance Minister Yanis Varoufakis said on Sunday, in comments which drew a rebuke from Italy.

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China to have most robots in world by 2017

China will have more robots operating in its production plants by 2017 than any other country as it cranks up automation of its car and electronics factories, the International Federation of Robotics (IFR) said on Thursday.

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Cross-border lending on the mend in the euro zone

Cross-border lending is growing in the euro zone for the first time since the bloc's financial crisis prompted banks to retreat from highly indebted countries such as Spain, Greece, Ireland and Italy.

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Strong Swiss franc boosts trade at German brothels

A jump in the Swiss franc against the euro, which threatens to push the country's economy into recession, is boosting trade in brothels across the border in Germany.

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Audi could hit two million car sales goal ahead of 2020

German luxury carmaker Audi could reach its goal of 2 million sales a year before its 2020 target, helped by revamped models and new sport-utility vehicles, its chief executive told Reuters.

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Greek PM Tsipras freezes privatisations, markets tumble

Leftist Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country's bailout deal, prompting a third day of heavy losses on financial markets.

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Gates, UK take lead in $7.5 billion pledge for children's vaccines

International donors pledged $7.5 billion on Tuesday to immunize 300 million children in poor countries against deadly diseases such as diarrhea and pneumonia.

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Volatile Libya resumes commercial flights to Europe

Commercial flights from Libya to mainland Europe resumed after more than six months on Saturday with a Libyan carrier taking off to Germany, the airline said.

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Draghi says euro zone governments need to redouble reform efforts

National governments in the euro zone need to redouble their reform efforts to create a "genuine" economic union, ECB Mario Draghi wrote in a German magazine published on Saturday after the European Central Bank's bond-buying programme was unveiled.

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Germany's defense minister criticizes Airbus over new A400M delays

Germany's defense minister has criticised Airbus (AIR.PA) over new delays in the delivery of A400M military transport planes, saying the company had a serious problem with product quality.

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ECB to decide on bond-buying plan for reviving euro zone economy

The European Central Bank is poised to announce a plan on Thursday to buy government bonds, resorting to its last big policy tool for breathing life into the flagging euro zone economy and fending off deflation.

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