Finance
Bayern LB Slashing 5,600 Jobs After Requesting Bailout
Bayern LB, one of Germany's state-owned banks, plans to slash cut more than a quarter of its workforce, eliminating 5,600 out of 19,000 jobs before 2013, the bank said. »Mehr zu: title"
Finance
Recession Threatens in 2009 if Stimulus Fails, UN Report Says
UN economists warned that the world economy will enter a deep recession if numerous stimulus packages being worked out by individual nations fail to improve the credit crunch and restore consumer confidence soon. »Mehr zu: title"
Auto Industry
Faced with Finance Crisis, German Auto Firms Cut Production
As the global finance crisis ravages the auto industry, German carmakers and car parts manufacturers are forcing their employees not only to take extended holiday breaks but also to work fewer hours. »Mehr zu: title"
Asia
German Firms Big on Investing in Emerging Vietnam
More than 30 years after the end of the Vietnam War, the economy has become one of fastest growing in Asia and has attracted German investors, who regard its young population as the next "Asian Prussians." »Mehr zu: title"
Economy
Falling European Inflation to Pave Way for Rate Cuts
Inflation in the 15-member euro zone slipped to below three percent for the first time in more than 12 months in November, data to be released Friday is forecast to show, paving the way for a hefty rate cut next week. »Mehr zu: title"
Business
Commerzbank to Speed Up Dresdner Bank Takeover
German bank Commerzbank announced late Thursday that it would accelerate its planned takeover of Dresdner Bank from the current parent, insurance group Allianz, at barely half the earlier price. »Mehr zu: title"
Business
EU Clash with Germany Over So-Called VW Law Intensifies
The European Commission has given Germany two months to comply with a court ruling on its controversial Volkswagen (VW) law or risk the wrath of European Union judges once more, officials in Brussels said Thursday. »Mehr zu: title"
More Business Articles
German Jobs Threatened as Economy Slows | 27.11.2008
Lufthansa Launches New Italian Subsidiary | 26.11.2008
Pakistan to Buy German Submarines | 26.11.2008
After 80 Years of Marriage, GM and Opel Face Possible Divorce | 26.11.2008
