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German Vonovia climbs property ladder with $6.1 billion Buwog deal


FRANKFURT Vonovia , Germany's biggest residential property company, has agreed to buy Austrian counterpart Buwog in a cash deal valuing the latter at 5.2 billion euros (£4.58 billion), the two companies said on Monday.


Germany's SPD warn Merkel - Our members need to be convinced 10:21am GMT

BERLIN Germany's centre-left Social Democratic party (SPD) on Monday warned Chancellor Angela Merkel's conservatives that it would not win approval from its members for a new coalition government if it gave way on key election promises.


Nuclear, renewables to help French CO2 reduction goals, Macron says 17 Dec 2017

PARIS French President Emmanuel Macron said on Sunday he would not follow Germany's example by phasing out nuclear energy in France because his priority was to cut carbon emissions and shut down polluting coal-fired production.


SPD leader wants Merkel to relinquish finance ministry - Handelsblatt 17 Dec 2017

BERLIN Germany's Social Democrats (SPD) leader Martin Schulz wants Chancellor Angela Merkel's conservatives to leave the powerful finance ministry to his centre-left party in coalition talks, a report in business daily Handelsblatt said.


Security tight as Germany marks anniversary of Christmas market attack 15 Dec 2017

BERLIN Germany has tightened security at Christmas markets across the country a year after a deadly truck attack on a Berlin Christmas market, with conservative Chancellor Angela Merkel under fire from victims' relatives for her handling of the case.


SPD agrees to talks on joining German government, Merkel urges quick action 15 Dec 2017

BERLIN Germany's Social Democrats (SPD) agreed to open exploratory talks on forming a government with Chancellor Angela Merkel, party leader Martin Schulz said, providing a chance to end a rare period of political deadlock in Europe's largest economy. | Video


German military kicks off heavy lift helicopter competition - source 15 Dec 2017

BERLIN Germany's military has approved plans to buy 45 to 60 new heavy-lift helicopters, kicking off a competition between the two largest U.S. weapons makers for the contract worth nearly 4 billion euros ($4.72 billion), a military source said on Friday.


Siemens sees scale, data privacy as winners in digital race 15 Dec 2017

MUNICH Germany's Siemens sees its broad industrial base and respect for customers' data privacy as giving it the edge in a race to attract businesses to its factory software platform, rather than those of rivals.

Germany's conservatives plan to reform life insurance regulations 15 Dec 2017

BERLIN Germany's Christian Democrats (CDU) are considering reforming life insurance regulations to make it more difficult for insurance companies to sell run-off portfolios, weekly news magazine Spiegel reported on Friday.

Holocaust must be bigger part of migrant courses - German minister 15 Dec 2017

BERLIN More emphasis should be placed on the Holocaust in integration courses for migrants, Germany's justice minister said, reflecting heightened unease among leading politicians about a spate of anti-Semitic acts including Israeli flag burnings.


Myanmar government says case against Reuters journalists can proceed

YANGON Myanmar's civilian President Htin Kyaw, a close ally of government leader Aung San Suu Kyi, has authorised the police to proceed with a case against two detained Reuters reporters accused of violating the country's colonial-era Official Secrets Act, a senior government spokesman said.