Results for Germany
- German Companies Tread Unfamiliar Territory With Job Cuts
German exports tumbled 5.8 per cent in August compared with July – the biggest drop since the peak of the global financial crisis in January 2009. The economy now risks slipping into recession in the third quarter, and the government has already lowered ...
Daily Headline - global.abi.org - 10/20/2014 - 21:15 - 0 comments
- HSH Nordbank Braced For Impact Of ECB Assets Probe
The European Central Bank’s investigation of the eurozone’s largest lenders is raising further concerns over the future of German publicly owned Landesbank HSH Nordbank, as its bloated shipping portfolio comes under intense scrutiny, the Financial Time ...
Daily Headline - global.abi.org - 10/19/2014 - 22:29 - 0 comments
- Lufthansa Pilots to Strike Monday
Pilots of German carrier Deutsche Lufthansa AG will go on strike again Monday and Tuesday in their continuing dispute over retirement benefits, The Wall Street Journal reported. The pilots union, Vereinigung Cockpit, said in a statement the strike wi ...
Daily Headline - global.abi.org - 10/19/2014 - 22:31 - 0 comments
- German Sub Bonds Rocked By Threat Of Stress Test Failures
eeply subordinated debt issued by German Landesbanken lost as much as six points in the past week as investors factored in the possibility that debt issued by banks that fail Europe's coming stress tests will suffer painful haircuts, Reuters reporte ...
Daily Headline - global.abi.org - 10/13/2014 - 21:59 - 0 comments
- Germany, France Ask Economists for Advice to Avoid ‘Lost Decade’
Germany and France have tapped a prominent economist from each country for policy advice to counter “the risk of a lost decade in Europe” in an attempt to bridge the growing divide between the two countries over how to revive flagging economic growth in ...
Daily Headline - global.abi.org - 10/13/2014 - 22:00 - 0 comments
- Drop in Exports Adds Fuel to Worries Germany Is Falling Into Recession
A drop in German exports added to a string of ugly data for Europe’s biggest economy, suggesting Germany’s growth has faltered and the country might even be in a shallow recession, The Wall Street Journal reported. German exports in August fell 5.8% ...
Daily Headline - global.abi.org - 10/09/2014 - 22:39 - 0 comments
- IVG Seeks 'Squaire' Sale After Emerging From Insolvency
German property company IVG Immobilien has started looking for a buyer for its office and hotel building The Squaire as it seeks to offload legacy assets after emerging from insolvency last month, its chief executive said. IVG became insolvent after bein ...
Daily Headline - global.abi.org - 10/02/2014 - 21:53 - 0 comments
- British And German Factories See Sharp Slowdown In Manufacturing
Factories in Britain and Germany suffered a sharp slowdown in September, raising fears that economic recovery is losing momentum against a backdrop of global political turmoil and the flagging eurozone economy, The Guardian reported. In the UK growth ...
Daily Headline - global.abi.org - 10/01/2014 - 20:57 - 0 comments
- Charges Filed Against Former Hypo Real Estate Managers
German prosecutors said Monday that they had filed criminal charges against the former chief executive and the former management board of Hypo Real Estate, accusing them of misleading investors in 2008 during what proved to be the country’s most costly b ...
Daily Headline - global.abi.org - 09/29/2014 - 21:14 - 0 comments
- Infineon Reaches Partial Settlement With Qimonda
Infineon Technologies AG and its former memory chip unit Qimonda AG on Wednesday reached a partial out- of-court settlement over an insolvency dispute, The Wall Street Journal reported. Under the agreement, German semiconductor company Infineon will ...
Daily Headline - global.abi.org - 09/24/2014 - 21:10 - 0 comments