German industrial production stagnates in May

Last Updated: Tuesday, July 7, 2015, 12:33

The ministry calculated that factory output remained unchanged in May compared to a month earlier, corrected for seasonal factors.

`Door open to discussions` on Greece: Hollande, Merkel

Last Updated: Tuesday, July 7, 2015, 02:22

French President Francois Hollande and German Chancellor Angela Merkel said Monday the door was open for a return to debt negotiations with Greece, but called on Athens to make "serious" proposals.

Mercedes-Benz India sales up 43% in April-June

Last Updated: Thursday, July 2, 2015, 14:48

German luxury car maker Mercedes-Benz posted a 43 percent sales growth in India at 3,093 units in the second quarter of 2015.

End of Greek aid to have limited impact on other states - German Finance Minister

Last Updated: Monday, June 29, 2015, 21:30

German Finance Minister Wolfgang Schaeuble on Monday played down the impact of the end of the Greek aid programme, saying in a letter to German lawmakers that it would have only a limited impact on other states.

Germany`s Schaeuble says eurozone will fight danger of contagion

Last Updated: Sunday, June 28, 2015, 01:53

The eurozone will do all it can to fight the risk of financial contagion from Greece after its creditors refused to extend its bailout, German Finance Minister Wolfgang Schaeuble said Saturday.

Tsipras, Merkel, Hollande met in Brussels: Source

Last Updated: Friday, June 26, 2015, 15:30

The meeting, confirmed by a Greek government source, was aimed at resolving tensions between Athens and its international creditors, as negotiators race to avoid a potentially disastrous Greek default and euro exit.

Germany`s Schaeuble `not optimistic` for Greece debt deal Wednesday

Last Updated: Thursday, June 25, 2015, 01:16

German Finance Minister Wolfgang Schaeuble said he had little hopes of reaching a long sought-after debt deal with Greece at a meeting of his eurozone counterparts on Wednesday.

Greece sends German business confidence to four-month low

Last Updated: Wednesday, June 24, 2015, 14:22

German business confidence fell to its lowest level in four months in June as uncertainty about Greece caused the outlook for Europe`s biggest economy to cloud over, the Ifo economic institute said on Wednesday.

Rocket Internet wins shareholder approval to raise more cash

Last Updated: Tuesday, June 23, 2015, 19:28

At its first annual general meeting on Tuesday, Rocket asked shareholders for permission for a possible capital increase in the next five years of more than 2.5 billion euros based on its current share price. The company also sought approval to issue a convertible bond of up to 2 billion euros by June 2020.

Greece says ready to compromise, calls for Merkel decision

Last Updated: Saturday, June 20, 2015, 23:29

Tsipras, who has never hidden his desire that an eventual accord be hashed out between political leaders rather than by negotiating teams of technical advisers will find his European peers waiting expectantly for breakthrough proposals at Monday`s emergency summit.

Greece`s Varoufakis wants `clear decision` from Merkel at summit

Last Updated: Saturday, June 20, 2015, 22:10

Greece`s Finance Minister Yanis Varoufakis said German Chancellor Angela Merkel must make a clear decision at a eurozone summit Monday on whether to negotiate a rescue deal with Athens or heed populist calls to jettison the debt-wracked country.

Audi Q3 with aldi headlights launched in Delhi

Last Updated: Saturday, June 20, 2015, 17:23

Audi Q3 is all about people like us, people like all CO`s and all young entrepreneurs," said Nidhi, the General Manager of Operations (Audi West), while speaking on the occasion."The slogan "Start Young live Big" is all about new Audi Q3 as Audi always talks about being supportive, being progressive and being smart. And this is what the smart body we have with us," she added.