Germany

Direct Line says in talks to sell German, Italian units

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- Direct Line Insurance Group , Britain's largest motor insurer, is in talks with "a number of parties" to sell its businesses in Germany and Italy, the company said on Friday.

Turks abroad begin voting in landmark presidential election 31 Jul 2014

BERLIN - Turks in Germany streamed into Berlin's Olympic stadium on Thursday, seizing the chance to vote from abroad for the first time in an election Prime Minister Tayyip Erdogan hopes will make him Turkey's first directly-elected president.

Germany seeks wider European cooperation on Russia sanctions 30 Jul 2014

BERLIN - Germany and the European Union are trying to convince several non-EU countries to join the bloc and United States in imposing sanctions against Russia for its support of separatist rebels in eastern Ukraine, the Foreign Ministry said on Wednesday.

Germany's SMA Solar cuts jobs after profit warning 30 Jul 2014

FRANKFURT - SMA Solar , Germany's biggest solar company by revenue, said it will cut 12 percent of its workforce after competition from Asia and a decline in Europe's solar sector forced it to lower its outlook for sales and profit.

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MAN cuts 2014 sales outlook on Latin American weakness 30 Jul 2014

BERLIN - Germany's MAN SE cut its full-year sales outlook as weakening truck demand and falling orders in major South American markets weigh on business.

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Bayer results fall slightly short of view on strong euro 30 Jul 2014

FRANKFURT - Bayer , Germany's largest drugmaker, reported second quarter results slightly below expectations and tempered its 2014 sales forecast as growth from newly launched pharmaceuticals was offset by a strong euro weighing on the value of overseas sales.

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Bundesbank chief welcomes inflation-busting German wage gains 30 Jul 2014

FRANKFURT - Bundesbank chief Jens Weidmann has welcomed above-inflation wage increases in some sectors in Germany, where price pressures are firmer than in many other euro zone countries but still weak.

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U.S. regulators looking into UBS, Deutsche Bank speed trading operations 29 Jul 2014

FRANKFURT/ZURICH - Germany's Deutsche Bank and Switzerland's UBS said they were caught up in an inquiry by U.S. regulators, who are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders. | Video

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U.S. regulators looking into UBS, Deutsche Bank speed trading operations 29 Jul 2014

FRANKFURT/ZURICH - Germany's Deutsche Bank and Switzerland's UBS said they were caught up in an inquiry by U.S. regulators, who are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders.

Deutsche Bank's Postbank takeover hit by new regulatory delay 29 Jul 2014

FRANKFURT - Deutsche Bank's takeover of Postbank was hit with a fresh regulatory delay on Wednesday, when Germany's Federal Supreme Court failed to give final clearance to the deal and instead referred a lawsuit over its terms to an appeals court.

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Fighting erupts after start of Gaza ceasefire

GAZA/JERUSALEM - A Gaza ceasefire was in jeopardy just hours after it began on Friday, with the Islamist group Hamas saying Israeli tank fire killed four people and Israel accusing militants of violating the truce. | Video