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PM Manmohan Singh to Get World Statesman Award

12 March 2010, 4:29 pm

Prime Minister Manmohan Singh will be conferred with prestigious World Statesman Award, said media reports citing an announcement by the Appeal of Conscience Foundation, which gives away the award.... Read More »

Turkish trio on trial for running far-left terror group

12 March 2010, 12:03 pm

Three Turkish nationals went on trial in Germany on Thursday, accused of raising money to help finance a series of radical left-wing terrorist attacks in Turkey.... Read More »

German minister: EMF aid would come with a price

12 March 2010, 7:37 am

Germany's finance minister says a proposed European Monetary Fund could grant troubled countries emergency aid but only under strict conditions and with a "prohibitive price tag." Wolfgang Schaeuble wrote in Friday's edition of the Financial Times that aid from the fund must be a "last resort" limit... Read More »

German town marks school shooting anniversary

12 March 2010, 2:59 am

The German town of Winnenden is marking the first anniversary of a school shooting spree in which a teenager killed 15 people.... Read More »

BMW 2009 profit falls 36 pct to $286 million

11 March 2010, 10:13 pm

The May 14, 2009 file photo shows raindrops on the BMW sign of a BMW car prior a general meeting of the BMW Group in Munich, southern Germany.... Read More »

Derivatives debate splits US and Europe regulators

11 March 2010, 5:46 pm

To Wall Street, they're tools that reduce risk and generate profits and should be left alone.... Read More »

German schools angry over church abuse scandal

11 March 2010, 1:17 pm

The uproar came a day before Germany's highest bishop was to meet Pope Benedict XVI in Rome.... Read More »

Volkswagen confirms 2009 net income fell 80 pct

11 March 2010, 8:49 am

Europe's biggest carmaker Volkswagen AG says its 2009 net income declined 80 percent to euro960 million , confirming its preliminary estimate released in February.... Read More »

Idea of euro crisis fund sparks controversy

11 March 2010, 4:24 am

The idea of setting up a European Monetary Fund is gaining support from many politicians amid the Greek fiscal crisis, but experts have questioned the usefulness of such a fund in preventing future crises.... Read More »

Europe targets credit default swaps traders

10 March 2010, 11:37 pm

Europe turned its sights on Tuesday on the controversial trade in insurance against sovereign loan defaults, the latest consequence to arise from market panic over spiralling Greek debts.... Read More »

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