Germany

Netflix expands Internet TV service to southern Europe

Internet television service Netflix plans to expand into Italy and Portugal later this year, the company said on Saturday, as part of a bid to expand its popular streaming TV service to some 200 countries worldwide within two years.


Deutsche Bank to launch three tech startup labs in 2015: source

Deutsche Bank aims to launch three technology innovation labs in Berlin, London and Silicon Valley this year designed to accelerate development of so-called "fintech" companies which could aid the banking sector and its clients.

EU's Oettinger says Greece deal still possible this week

Germany's EU Commissioner Guenter Oettinger said on Monday it might still be possible for Greece and its creditors to reach a deal this week.

Greek crisis is not a topic for G7 in Bavaria, Germany says

Greece is not a topic for leaders of the Group of Seven countries to discuss at a meeting in Bavaria starting on Sunday, a German government spokesman said, adding that it was up to Athens and its lenders to resolve the crisis.


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A senior German official said on Tuesday there was no reason to believe Greece would be in default after a 300 million euro payment to the IMF falls due on June 5.
Carmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables.
The contest for Nokia's (NOK1V.HE) maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said.
German politicians kept up the pressure on Greece over the weekend to implement reforms, with Economy Minister Sigmar Gabriel warning Athens in an interview that a third aid package would not be on the cards unless the Greeks made some changes.
The European Central Bank is satisfied with the effects of its bond buying program on the economy and inflation and has no intention of ending it prematurely, ECB Executive Board Member Yves Mersch said on Saturday.
The normally secretive family that owns BMW (BMWG.DE) broke silence on Wednesday to laud the company's seamless management transition as rival German carmaker Volkswagen (VOWG_p.DE) inspects the damage from a bitter leadership crisis.
Volkswagen (VOWG_p.DE) Group will break up MAN (MANG.DE) and transfer its truck and bus businesses, as well as MAN Latin America, into VW's new Truck & Bus Holding GmbH, German daily Frankfurter Allgemeine Zeitung said.
German Finance Minister Wolfgang Schaeuble and his Greek counterpart Yanis Varoufakis will meet in Brussels on Monday ahead of a Eurogroup meeting of euro zone finance ministers, a spokesman for the German finance ministry said.
A top EU official urged Athens and its creditors to make progress in their talks on a cash-for-reform deal on Monday, warning there was no "Plan B" in the event of a Greek default.
Advisory firm ISS has recommended that BMW (BMWG.DE) shareholders should vote against the appointment of outgoing chief executive Norbert Reithofer as chairman of the carmaker's supervisory board, newspaper Frankfurter Allgemeine Sonntagszeitung reported.
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