GERMANY

The euro zone has entered a technical recession in the first quarter of 2012, according to Eurocoin

Euro Zone Lagging Behind In Shaky G7 Recovery: OECD

Euro zone nations are falling far behind the United States and Canada as a fragile recovery takes root in advanced economies, the OECD said on Thursday, advising central banks to keep easy money flowing so the rebound does not prove short-lived.

Asian Markets Dip On U.S., China Growth Worries

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Asian shares eased for a second day in a row Thursday, as investors limited their risk exposures on concerns about growth prospects in the world's two largest economies, the United States and China.
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EU to fine UPS, other logistics firms over cartel

EU antitrust regulators are set to fine 13 logistics firms, including UPS, Panalpina and Expeditors, on Wednesday for taking part in a cartel, two people familiar with the matter said on Tuesday.
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German Air Transport Disrupted By Strike

The strike by baggage handlers and ground staff affiliated with the Ver.di union has also led national carrier Lufthansa to cancel hundreds of flights at Germany's largest airports.
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Euro zone debt crisis far from over: OECD

The euro zone's public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc's banks remain weak, debt levels are still rising and fiscal targets are far from assured.
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Hitachi says aims to cut costs 5 percent by 2015/16

Japan's Hitachi Ltd <6501.T> said on Tuesday that it aimed to cut annual operating costs by 5 percent in four years, enabling the company to invest more in its growing infrastructure and telecommunications businesses.
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Asian Shares Up, Dollar Down On Bernanke Statement

Asian stocks rebounded Tuesday and the dollar eased after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment even though the U.S. economy has shown signs of improvement.
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BMW recalls 1.3 million cars worldwide

BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.
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Merkel: Greek euro exit would be catastrophic

Greece's exit from the euro would be a catastrophic political and economic mistake that would severely weaken Europe's single currency bloc, German Chancellor Angela Merkel said in a BBC interview broadcast on Monday.
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US Stocks Edge Up On Hopes For Fed Action

Wall Street's gains came after positive remarks on the U.S. labor market by Federal Reserve Chairman Ben Bernanke and upbeat economic data from Germany that offset a soft reading on the U.S. housing market.

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