Bloomberg Anywhere Software Support Live Support Feedback
Updated:  New York, May 09 17:22
London, May 09 22:22
Tokyo, May 10 06:22
Search
Symbol Lookup
News

Germany


Financial News

DAX Index Falls Most in Four Weeks, Led by Banks, Insurers; Linde Slumps German stocks fell the most in four weeks, led by insurers and banks, after American International Group Inc. of the U.S. said it needs to raise $12.5 billion and Allianz SE posted a wider-than-estimated loss at its banking unit.

Allianz Examines `All Options' for Dresdner as German Banks Consolidate Allianz SE is mulling over all options for Dresdner Bank after losses at the unit dragged down profit at Europe's biggest insurer.

Stocks in Europe Slump Most Since March; Allianz, ING, HSBC Lead Decline European stocks slumped the most in a month as American International Group Inc.'s record loss and oil's climb above $126 a barrel heightened concern the credit crisis and surging commodity costs will damage corporate profits.

Linde Shares Drop After Operating Profit Falls Short of Analyst Estimates Linde Group, the world's second- largest maker of industrial gases, dropped 4.1 percent in Frankfurt trading after first-quarter operating profit missed analyst estimates.

Siemens's Former CEO Named in Regulatory, Not Criminal, Probe: Prosecutors Former Siemens AG Chairman Heinrich von Pierer faces an administrative probe by Munich prosecutors over his possible role in a bribery scandal at the company.

Deutsche Boerse Drops on Concerns Trading May Fall; Atticus Denies Selling Deutsche Boerse AG fell on the Frankfurt Exchange on speculation that securities trading may slow, crimping profit at Europe's biggest exchange by market value.

Freenet First-Quarter Profit Fell 75% on Accounting Change, Lower Sales Freenet AG, the German mobile-phone and Internet operator that agreed to buy rival Debitel AG, said its digital subscriber line, or DSL, unit, is up for sale, which may help reduce debt.

GfK Rejects WPP Claim That Potential GfK-TNS Merger Would Lead to Firings GfK AG said employees shouldn't worry about losing their jobs in a merger with Taylor Nelson Sofres Plc, rebutting comments by WPP Group Plc that such a deal may lead to firings.

General News

Ver.di Seeks 8% Salary Increase for 420,000 Staff at Deutsche, Other Banks Germany's Ver.di labor union is seeking 8 percent more pay for its 420,000 members in private, mortgage and public-sector banks, matching pay claims made by the union in other branches including public services.

Dalai Lama `Disappointed' Steinmeier Won't Meet Him in Germany, Envoy Says The Dalai Lama's government-in-exile said it was ``disappointed'' that German Foreign Minister Frank- Walter Steinmeier won't meet with the Tibetan spiritual leader when he visits Germany next week.

Germany Plans $4.6 Billion in Tax Cuts to Satisfy Courts, Spiegel Reports German Finance Minister Peer Steinbrueck plans to grant tax relief of as much as 3 billion euros ($4.6 billion) in response to court rulings that require legislative changes, Spiegel magazine reported today.


Sponsored links

 

Related Data