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US Federal Reserve to pull back on stimulus program in economic vote of confidence
EU finance ministers agree banking union accord
EU finance ministers have reached agreement on how to set up an institution tasked with shutting down or propping up failing banks. It offers Brussels unprecedented powers aimed at preventing taxpayer-funded bailouts.
Spain bad loan ratio hits 50-year high
Spain's central bank has released fresh figures revealing that the eurozone nation's lenders have been unable so far to keep the amount of bad loans from rising steadily. The ratio has reached a new all-time high.
EU executive initiates probe into German energy subsidies, UK nuclear project
The EU executive says it is starting a probe into Germany's system of subsidized electricity for big companies to clarify whether it violates competition rules. It is also probing British aid for a planned nuclear plant.
German business confidence picks up amid rosy outlook
The German business community has been reported to look to 2014 with a lot of confidence as indicators suggest a pick-up of the global economy. Business morale went up again, reaching its highest level in many months.
Siemens lands big wind power contract in US
German engineering giant Siemens has said it has secured its biggest ever contract to deliver wind turbines for several farms in Iowa in the United States. It said the deal also included service and maintenance.
November sales surge sets BMW on course for full-year record
In November, German top-of-the-range carmaker BMW sold more units than ever before in that month, raising hopes of a new annual sales record. While sales slipped in Europe, they grew in the US and China.
Deutsche Telekom's T-Systems to cut thousands of jobs
Deutsche Telekom's communications technology provider T-Systems is reportedly planning massive job cuts over the next couple of years. Management is not content with current profit margins.
Deutsche Börse and Bank of China announce strategic partnership
German stock market operator Deutsche Börse is set to boost ties with China’s biggest private lender, Bank of China. The deal includes expansion of trading in the Chinese currency and access to EU capital markets.
The tasks ahead for the grand coalition
Angela Merkel's new team has emerged following weeks of talks. But her third term will not be easy, with big challenges ahead and strong personalities in her cabinet.
Mergers & Acquisitions
Springer buys N24 television in bid to form leading German multimedia group
German publishing house Axel Springer has announced it’ll take over German television news channel N24. Springer aims to hook up N24 with its newspaper group Die Welt to form Germany’s leading multimedia news provider.
Bitcoin's US buzz stokes fears in Washington
Slipping through the fingers of central banks and regulators, Bitcoins are pouring into Americans' virtual wallets. The Fed chairman and US Senate are paying attention. So, too, are beer drinkers in New York.
Farmers struggle to survive in eastern Germany
Young farmers in eastern Germany are scrambling to find land as the demand for regional and organic products grows. But they can't seem to gain ground as they compete with large multinationals for farmland.
Experts reject German migration fears
Bulgarians and Romanians will be allowed to work across the EU as of January 2014. Many will head to Germany - a choice that carries risks and opportunities for both sides.
South Stream pipeline quarrels
Legal or not? A new Russian-European pipeline project has come to a screeching halt after intervention by the EU commission. To break an unlawful monopoly, it says - out of political motivation, say others.
Economy fixed, Ireland finished with EU bailouts
Ireland says it does not need a financial safety net and opted out of the European rescue program. Irish Minister of State at the Finance Department Brian Hayes tells DW confidence is key when righting the economy.