Germany
Sarkozy Opposes IMF Loan to Greece, Widening Rift With Germany Over Rescue President Nicolas Sarkozy opposes
Germany’s push for an International Monetary Fund loan to
Greece, pitting the euro area’s biggest members against one
another over a rescue plan.
Allianz, Corio May Acquire Italy's Biggest Shopping Mall for $582 Million Allianz SE and Corio NV are in
talks to acquire Italy’s largest shopping center for about 430
million euros ($582 million), according to three people with
knowledge of the transaction.
Germany Opens 1,100 Tax Investigations, Including Credit Suisse Workers German authorities have opened
investigations into some 1,100 suspected cases of tax evasion in
an operation that includes unidentified employees of Credit
Suisse Group AG, a state prosecutor’s office said.
Kabel Deutschland Share Demand Said to Outstrip Supply in Initial Offering Kabel Deutschland GmbH, Germany’s
biggest cable company, has drawn more demand for shares than
it’s selling in the country’s biggest initial public offering
since 2007, said two people with knowledge of the transaction.
Teva Gets `Last Ticket' to German Generic-Drug Market With Ratiopharm Deal A lack of options for achieving
growth goals outside the U.S. spurred Teva Pharmaceutical
Industries Ltd. to outbid Pfizer Inc. for Ratiopharm GmbH.
Schaeffler May Challenge Ruling on Koerfer's Continental Board Appointment Schaeffler Group, Continental AG’s
largest shareholder, said it may challenge a decision by a
German court in Hanover that declared the election of Rolf
Koerfer to Continental’s supervisory board as invalid. “We
don’t understand the decision and expect to appeal this
ruling,” the auto-parts and ball-bearing maker said in an e-
mailed statement.
DAX Index Drops for Second Day, Trims Weekly Advance; ThyssenKrupp Falls German stocks fell for a second
day, with the benchmark DAX trimming its third straight weekly
gain, as K+S AG and steelmakers retreated.
European Stocks Decline as India Raises Rates; Miners Drop, Lloyds Gains European stocks declined after
India’s central bank unexpectedly lifted interest rates,
increasing speculation that withdrawal of economic stimulus
measures may hamper global growth.
Tom Tailor Begins Initial Public Offering Today; Shares Priced From $14.97 Tom Tailor Holding AG, the German
clothing company founded in 1962, will use proceeds from an
initial share sale that started today mainly to reduce debt.
Trichet Pushing `Strongly' for More Transparency on Credit Default Swaps European Central Bank President
Jean-Claude Trichet said he’s pushing “strongly” for more
transparency around credit default swaps.
British Airways Strike to Go Ahead March 20 as Talks Collapse, Union Says British Airways Plc’s 12,000 cabin
crew began a three-day strike to force Chief Executive Officer
Willie Walsh to drop cuts to pay and staffing levels.
German Government Divided on Greece Aid as Merkel Opposes Schaeuble on IMF The German government is split over
aid for Greece, with Chancellor Angela Merkel leaving the door
open to an International Monetary Fund solution against the
wishes of her own finance minister.
Clinton in Moscow Leads Quartet Push for Mideast Peace Deal in Two Years U.S. Secretary of State Hillary
Clinton led a push by the Middle East peace Quartet for a
negotiated settlement between Israel and the Palestinian
Authority within two years.
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