Germany

Jail term of over four years sought for German Islamic State suspect

FRANKFURT - A state prosecutor on Friday demanded a prison term of over four years for a 20-year-old German man accused of fighting with Islamic State insurgents in Syria, in the first trial of its kind in Germany.

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Germany backs Blackberry's purchase of Secusmart 10:09am GMT

BERLIN - Germany has approved Canadian smartphone maker Blackberry's planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel.

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German unemployment falls to record low in November 27 Nov 2014

BERLIN - Germany's unemployment rate touched a record low of 6.6 percent in November, underscoring the huge gap in labour market conditions between Europe's largest economy and its struggling euro zone partners.

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Far-left politician a new threat to Merkel? 26 Nov 2014

BERLIN - A small eastern state is set to embark on an experiment that could shift the political landscape in Germany, loosening Angela Merkel's grip on power and raising the chances of a future government in Berlin that includes fervent supporters of Russia.

Germany to introduce legal quotas for women on company boards 26 Nov 2014

BERLIN - Chancellor Angela Merkel's governing coalition has agreed a draft law requiring Germany's top listed companies to give women 30 percent of seats on non-executive boards from 2016, despite conservative misgivings and opposition from business.

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Goldman, BASF, HSBC accused of metals price fixing - U.S. lawsuit 26 Nov 2014

NEW YORK - Goldman Sachs Group Inc , Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

Germany to introduce legal quotas for women on company boards 25 Nov 2014

BERLIN - Chancellor Angela Merkel's coalition parties agreed on Tuesday to a draft law that would force Germany's leading listed companies to allocate 30 percent of the seats on non-executive boards to women from 2016 onward.

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Goldman, BASF, HSBC accused of metals price fixing - U.S. lawsuit 25 Nov 2014

NEW YORK - Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

German deputy minister calls on airlines to lower fuel surcharges 25 Nov 2014

BERLIN - Airlines should lower their fuel surcharges to reflect a recent decline in oil prices, Gerd Billen, Germany's deputy minister of justice and consumer protection, said on Tuesday.

Vattenfall hires Citi to help sell German lignite assets - sources 24 Nov 2014

FRANKFURT - Sweden's Vattenfall [VATN.UL] has mandated Citi to organise the sale of its lignite power plants and mines in Germany as it retrenches from past large acquisitions that have sent it deep into the red, two people familiar with the situation said.