Rheinische Post

Germany, France to Unveil ‘New Deal’ for EU’s Jobless Youth

Germany and France will announce joint proposals this month to address Europe’s soaring youth unemployment, the Labor Ministry in Berlin said, confirming a newspaper report of a planned “New Deal for Europe.”

Siemens Stock Falls After Extra Project Charges Predicted

Siemens AG dropped to the lowest in almost seven weeks after Chief Financial Officer Joe Kaeser said underperforming rail technology and offshore wind projects will result in additional charges and dent quarterly earnings.

European Stocks Decline on Chinese Economic Growth Report

European stocks retreated, following their biggest weekly gain in a month, as China’s economy grew at a slower pace than estimated and a gauge of manufacturing in the New York area missed forecasts.

Siemens Second-Quarter Earnings Dented by Wind, Rail Charges

Siemens AG’s underperforming rail technology and offshore wind projects will result in additional charges that will dent earnings in the second quarter, according to Chief Financial Officer Joe Kaeser.

Merkel’s Spokesman Scorns German Anti-Euro ‘Go-It-Alone’ Party

Germany’s government and coalition parties denounced a new political grouping that calls for the euro to be scrapped in an electoral challenge to Chancellor Angela Merkel’s crisis policy.

ECB’s Weidmann Sees No Inflation Concerns, Rheinische Post Says

Bundesbank President and European Central Bank council member Jens Weidmann said there’s no cause for concern about inflation in the short term, German newspaper Rheinische Post reported.

Meister Calls on Spain to Seek Aid Soon, Rheinische Post Says

Michael Meister, the deputy floor leader of German Chancellor Angela Merkel’s Christian Democratic Union party, urged Spain to seek aid from the European Financial Stability Facility as quickly as possible, Rheinische Post said.

Merkel to Present Power-Grid Plan by June, Rheinische Post Says

German Chancellor Angela Merkel said her government plans to present legislation for expanding the country’s power grid by early June, the Rheinische Post reported, citing an interview.

German Lawmakers to Meet in July on Spain, Rheinische Post Says

German lawmakers will probably extend their current session into July to vote on Spain’s request for European Union aid to its banks, the Rheinische Post said, citing Hermann Otto Solms, the deputy president of the lower house of parliament, or Bundestag.

German Minister Wants Tax Cuts Before 2013 Election, Rheinische Post Says

German Development Minister Dirk Niebel said his Free Democratic Party wants tax cuts before the next federal elections in 2013, Rheinische Post reported, citing an interview with the minister.

"There's no reason for immediate concern about higher inflation."

- Rheinische Post on Nov 09, 2012

Germany

Europe

China

Joe Kaeser

Apple IPhone Loses Ground to Samsung in Consumer Survey

S&P 500 Returns to Record While U.S. Treasuries Advance

U.S. Stocks Rise as Bullard Says Stimulus Should Continue

Oklahoma Tornado Death Toll Cut to 24 by Medical Examiner

Obama’s Defense in IRS Case Is Pre-Election Ignorance