Volkswagen profit jumps on record Audi, Porsche sales


BERLIN - Germany's Volkswagen posted higher-than-expected operating profit in the third quarter, boosted by European and Chinese buyers of its luxury Audi and Porsche models.


Lufthansa cuts 2015 profit goal on weak economy and falling ticket prices 9:20am GMT

BERLIN - Germany's Lufthansa has lowered its profit guidance for 2015 for the second time this year, due to a stuttering global economy and falling ticket prices, and said any further strikes could also impact the target for this year.


Bayer third-quarter adjusted profit gains slightly on strong crop chemicals 9:10am GMT

FRANKFURT - Germany's largest drugmaker Bayer said underlying core earnings advanced by 1.4 percent, slightly surpassing expectations, on strong sales of pesticides and stroke prevention pill Xarelto.


German prosecutors drop probe of ex-Morgan Stanley banker 29 Oct 2014

STUTTGART Germany - German prosecutors dropped a two-year investigation into possible breach of trust by a former regional politician and an ex-Morgan Stanley banker over a state's purchase of a stake worth 4.7 billion euros (3.72 billion pounds) in utility EnBW .


Banks see upswing in loan demand across euro zone 29 Oct 2014

FRANKFURT - Around one in five banks across the euro zone expect companies to approach them for more credit as the year draws to a close, with those in Germany and France most optimistic, the European Central Bank said on Wednesday.

Germany warns security situation 'critical' due to radical Islam 28 Oct 2014

BERLIN - Radical Islam poses a critical security threat to Germany, Interior Minister Thomas de Maiziere warned on Tuesday, saying the number of people capable of staging attacks in the country stood at an all-time high.


German spy agency sees Islamic State remaining big threat, luring more German recruits 28 Oct 2014

BERLIN - Islamic State militants will be able to mount operations in Iraq "for the foreseeable future" despite U.S.-led air strikes and efforts by Iraqi security forces to regain territory, Germany's BND foreign intelligence agency said.

MAN cuts profit forecast as truck demand tumbles 28 Oct 2014

BERLIN - Germany's MAN SE lowered its full-year profit forecast, the third downward revision of its business targets in as many months, as weakening truck demand and falling orders weigh on results.


Reinventing Socialism: a risky business for French left 27 Oct 2014

PARIS - As a young aide to then-French prime minister Lionel Jospin in the late 1990s, Manuel Valls sat in on meetings as Britain's Tony Blair and Germany's Gerhard Schroeder tried to persuade his boss to help them reinvent Europe's Left.


ECB faces test of its own as Europe braces for landmark banking review 26 Oct 2014

FRANKFURT - After putting the euro zone's top 130 banks through their paces, the European Central Bank will face a test of its own on Sunday - will its landmark health check succeed in convincing investors the region's lenders are safe?


First Iraqi Kurdish forces enter Syria's Kobani - monitoring group

BEIRUT - The first Iraqi Kurdish peshmerga fighters entered the besieged Syrian town of Kobani through the border crossing with Turkey on Thursday, the Syrian Observatory for Human Rights said. | Video