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Stocks rise as European leaders hash out plans

Stock Market

Stock indexes gave back some of their gains Monday and the euro turned lower against the dollar following a report that Germany and five other major European nations could risk having their credit ratings downgraded.

 

World's most corrupt nation is ...

New Zealand is perceived as the least corrupt nation on earth, and Somalia and North Korea are seen as the most corrupt, a German watchdog organization said in a report released this week.

 

German city to evacuate 45,000 as it defuses massive British WWII-era bomb

Officials in Germany’s western city of Koblenz say some 45,000 residents have to be evacuated as officials try to defuse a World War II era bomb discovered in the Rhine river. City officials said Saturday the massive British 1.8 ton bomb will be defused early Sunday, requiring all residents within a radius of about 2 kilometers (1.2 miles) from the bomb site to leave their homes for the day.

 

HTC told to halt sales in Germany

A German patent owner has ordered HTC to halt sales of its devices in Germany, but the mobile phone maker says the claim is "invalid".

 

Germany and France clash on ECB crisis role

Germany and France clashed on Wednesday over whether the ECB should take bolder steps to stem the euro zone debt crisis, with Chancellor Angela Merkel issuing one of her starkest warnings yet against fiddling with the central bank's strict inflation-fighting mandate.

 

Germany, France agree on Europe bank bailout

Germany, France agree on Europe bank bailout

The leaders of Germany and France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector.

 

Wall Street rises on U.S. data, German vote

Stocks rose on Thursday after U.S. economic data came in stronger than forecast and Germany's lower house approved new powers for the euro zone's crisis fund.

 

Driverless car navigates Berlin streets

Driverless car navigates Berlin streets

It can talk, see, drive and no longer needs a human being to control it by remote. The car of the future — completely computer-controlled — is on the streets of Berlin. All summer, researchers from the city's Free University have been testing the automobile around the German capital.

 

Europe struggles to contain Greek debt crisis as Merkel says progress being made

German Chancellor Angela Merkel sought Tuesday to calm market fears that Greece is heading for a chaotic default as Europe struggles to contain a crippling financial crisis. Merkel rejected the notion that a Greek bankruptcy — a possibility raised a day earlier by her deputy that spooked markets — would provide a quick solution to the eurozone debt crisis.

 

Greek Default Fears Spoil The Fun And Send Global Equities Plummeting

Greek Default Fears Spoil The Fun And Send Global Equities Plummeting

After a series of positive announcement from Greek FinMin Venizelos, rumors that Moody's would downgrade French banks and Germany was preparing for a Greece to default send equities tanking, particularly French banks.

 

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