Germany

ECB to begin buying secured debt, bundled loans from mid-month

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NAPLES Italy - The European Central Bank will buy bundles of loans and other forms of secured debt from mid-month in an attempt to kick start a languishing euro zone economy, despite misgivings in Germany and elsewhere.

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Daimler cuts car market forecast as Europe wobbles 12:48pm BST

PARIS - German luxury automaker Daimler has cut its growth forecast for the global car market, blaming cooler demand in emerging markets and a plunge in Russian sales which has put a fledgling European industry recovery in jeopardy.

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Commerzbank to cut 60-70 fixed income, currency jobs - sources 01 Oct 2014

FRANKFURT - Germany's second biggest lender Commerzbank is cutting 60 to 70 jobs in its fixed income and currencies (FIC) division in Frankfurt as it adjusts to declining demand, several sources familiar with the matter said on Wednesday.

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Indebted to America, Kosovo struggles to curb Islamist recruits 01 Oct 2014

KACANIK Kosovo - Born in Germany, Blerim Heta moved to his parents' native Kosovo as a 10-year-old boy in the wake of a NATO air war in 1999 to save the territory's ethnic Albanians from Serbian repression.

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Mario Draghi to push ECB to buy Greek, Cypriot 'junk' loans - FT 30 Sep 2014

- European Central Bank President Mario Draghi is set to push the ECB to buy junk-rated Greek and Cypriot bank loans, a move that may increase tensions between Germany and the bank, the Financial Times reported.

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Adidas fights to draw top talent to headquarters in sleepy Bavarian town 29 Sep 2014

HERZOGENAURACH Germany - Adidas needs world-class designers, brand experts and technical whizzkids to improve its image against U.S. rival Nike, but persuading them to move to its headquarters in rural Germany is difficult.

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Adidas fights to draw top talent to HQ in sleepy Bavarian town 28 Sep 2014

HERZOGENAURACH Germany - Adidas needs world-class designers, brand experts and technical whizzkids to improve its image against U.S. rival Nike, but persuading them to move to its headquarters in rural Germany is difficult.

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Commerzbank said to be investigated over money laundering charges - WSJ 27 Sep 2014

- Germany's second-largest lender Commerzbank AG is being investigated by the Manhattan U.S. attorney for alleged violations of money-laundering laws, the Wall Street Journal reported.

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German opposition asks top court to order Snowden testimony in Berlin 26 Sep 2014

BERLIN - German opposition lawmakers appealed to the Constitutional Court to oblige the government to bring ex-U.S. spy contractor Edward Snowden to Germany to testify before a parliamentary committee investigating espionage.

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Philippine Islamist militants threaten to kill German captives 25 Sep 2014

MANILA - Al Qaeda-linked militants in the southern Philippines have threatened to kill two German hostages they have been holding since April unless Germany stops supporting U.S. action against Islamic State militants, the SITE monitoring service said. | Video

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Islamic State presses assault on Syrian border town, Kurds warn Turkey

SURUC Turkey/BEIRUT - Islamic State insurgents tightened their grip on a Syrian border town on Thursday despite coalition air strikes meant to weaken them, sending thousands more Kurdish refugees into Turkey and dragging Ankara deeper into the conflict. | Video