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Tesla's 'Made in Germany': Musk sets up shop in Berlin

Tesla will build its first European factory and design centre near Berlin, giving the U.S. electric car pioneer the coveted "Made in Germany" label just as local rivals Audi, BMW and Mercedes prepare to launch competing cars.

Euro zone industry output nudges up against expectations

Euro zone industrial production rose in September for a second straight month to beat expectations, official estimates showed on Wednesday, as output drops in Germany and Italy were offset by increases in France and the Netherlands.

ECB fires up lending to peripheral banks with bonus rate

Banks in Italy and other peripheral euro zone countries are grabbing tens of billions of euros in idle cash from their rivals in Germany and the Netherlands to benefit from a European Central Bank bonus rate, ECB data showed on Tuesday.

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