Wednesday, May 23, 2012 10:29 AM SAST

Germany

Germany is a country in Central Europe. It is bordered to the north by the North Sea, Denmark, and the Baltic Sea.  It is the largest economy in Europe and a major exporter.

Articles About Germany

Shares fall as doubts over EU crisis deal grow

By Reuters UK

European shares ended a two-day rally and German bond prices rose on Wednesday, as a split between France and Germany over measures to tackle the euro-zone debt crisis and renewed speculation of a Greek exit from the 17-member currency bloc hit investor sentiment. (9:35 am)

MORE TOPICS: FTSE, LONDON

Euro Staggers with Worsening Greek Crises
Australian Dollar Outlook - 05/23/2012

By IBTimes AU

Bell FX Currency Outlook: This morning the Australian dollar is over a US cent lower, currently trading at USD0.9790 after comments about the possibility of Greece leaving the Euro currency resulted in risk aversion trading, and in turn, a fall in the AUD. (2:13 am)

MORE TOPICS: AUSTRALIA, FTSE, CHINA, DOW JONES, WESTPAC, EUROPEAN UNION, GDP

Vice president of SAP Thomas Langenbach would visit Target stores and post his own barcodes over those already on Lego boxes. He would then purchase the Lego boxes at an extreme discount, and then sell the Legos on eBay for thousands of dollars. His scam
Thomas Langenbach: SAP Executive Arrested In False Barcode Scheme, Resold Stolen Lego Boxes on eBay

By IBTimes

Nothing seemed out of the ordinary when Thomas Langenbach, the vice president of SAP -- a top maker of business management software solutions based in Palo Alto, Calif. -- was found scanning boxes upon boxes of Lego toys before purchasing them. (11:26 pm)

MORE TOPICS: COURT, MANAGEMENT

NATO drone
NATO Signs $1.7B Drone Deal With US Defense Contractor Northrop Grumman

By IBTimes

NATO signed a $1.7 billion contract with U.S.-based defense contractor Northrup Grumman Sunday for five unmanned aerial vehicles, commonly known as drones, that will be used by allied countries for a new ground-surveillance system. (10:59 pm)

MORE TOPICS: NYSE

Markets
European Stocks Boosted By Positive Outlook: Daily Markets Wrap

By IBTimes

Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiab... (10:13 pm)

MORE TOPICS: CHINA, GOLD, FEDERAL RESERVE, DOW JONES, MANUFACTURING, EUROPEAN UNION, JPMORGAN CHASE, CRUDE OIL

US Markets
Market Winds May Be Shifting

By IBTimes

The G8 leaders also said that it is “our imperative to promote growth and jobs”. (10:11 pm)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, FACEBOOK, G20, INVESTMENT

Workers arrive for their change of shift at the Opel plant of Bochum
UK Government Denies Illegal Promises Were Made to Opel and General Motors: Report

By IBTimes

The UK government may have made illegal promises to General Motors Co. (NYSE: GM) to shift production of the Astra compact car to its Opel/Astra plant in England from locations in Germany, reports said. (7:32 pm)

MORE TOPICS: GENERAL MOTORS, NYSE

London Session: Waiting for the EU summit

By Forex.com

Trading in the London Session was choppy with the market unwilling to take any clear direction as we lead up to tomorrow's informal EU summit. The market toyed with the idea of Eurobonds (they like that idea and risk assets may rally tomorrow on any signs they are on the horizon. (6:30 pm)

MORE TOPICS: GOLD, IMF, EXISTING HOME SALES, TWITTER, GDP, JAPAN

Vodafone takes £4 billion writedown on European weakness

By Reuters UK

Mobile operator Vodafone wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (5:28 pm)

MORE TOPICS: FTSE, PORTUGAL, TELECOMS, INDIA, VODACOM, EMERGING MARKETS

Vodafone takes $6.3 billion writedown on European weakness

By Reuters

Mobile operator Vodafone <VOD.L> wrote down the value of its assets by 4 billion pounds ($6.3 billion) and cut its medium-term sales target on Tuesday, as the debt crisis hit customers in southern Europe, forcing them to save money on phone calls. (5:28 pm)

MORE TOPICS: FTSE, PORTUGAL, TELECOMS, INDIA, VODACOM, EMERGING MARKETS