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German industrial production, exports down in June
Aug 8th, 2012
German industrial production and exports dropped in June, official data showed Wednesday - underlining concerns that Europe's debt crisis is increasingly weighing on the region's biggest economy. (Source: Associated Press) -
BERLIN (AP) - Germany's main opposition party marked a bittersweet 150th birthday on Thursday - trailing badly in polls ahead of September elections and hearing praise for its efforts to reform Europe's biggest economy from French President Francois Hollande, a recent left-wing winner who has lost his luster. (Source: Associated Press)... [Full Article]
MILAN (Reuters) - Truck and tractor maker Fiat Industrial intends to move its tax residence to the United Kingdom from Italy after its upcoming merger with its CNH unit, according to a U.S. stock market listing filings. The move out of high-tax Italy is likely to result in a lower tax burden for the new group. Fiat Industrial plans to merge with CN... [Full Article]
(Reuters) - Auto parts supplier BorgWarner Inc said it would build a new production line and engineering centre in the United Kingdom to supply turbocharging systems to customer Jaguar Land Rover. The turbochargers would be used in Jaguar Land Rover's family of four-cylinder gasoline and diesel engines, expected to launch in 2015. The new cent... [Full Article]
WARSAW, Poland (AP) - For some, it was a barbaric way to treat animals. For others, it was great business. (Source: Associated Press)... [Full Article]
BANGKOK (AP) - Asian stock markets fell Thursday, weighed down by a contraction in China's manufacturing that adds to signs a shaky recovery in the world's No. 2 economy is slowing. (Source: Associated Press)... [Full Article]
TEHRAN, Iran (AP) - Iran's state TV says overseers of next month's presidential election have rejected a top aide of outgoing President Mahmoud Ahmadinejad and a former president who revived hopes of reformers. (Source: Associated Press)... [Full Article]
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