Daimler AG on Tuesday said it would expand its cooperation with partner Nissan Motor Co Ltd to develop a mid-sized pickup truck for Mercedes-Benz as the German premium automaker seeks to narrow its sales gap with rival BMW.
Germany
United States loses sparkle as Europe shows signs of hope
Investors will cast a wary eye on the latest gauges of the United States' economic health this week, while troubled Europe shows early signs of turning the corner.
Siemens CEO says Russia sales have halved: newspaper
German industrial group Siemens has seen sales in Russia plunge by about half due to the country's economic demise, Bild am Sonntag reported, citing chief executive Joe Kaeser.
Germany's Kuka open to more purchases after Swisslog deal: Welt am Sonntag
German industrial robot maker Kuka is open to further purchases after acquiring Swiss logistics group Swisslog last year, Welt am Sonntag reported, citing chief executive Till Reuter.
German economy minister plays down boost from EU-U.S. trade deal: magazine
Germany's economy minister warned on Saturday against overblowing expectations for an economic boost from a trade deal between the United States and European Union but said the pact was needed to set high common standards for consumers.
Latest News
Euro zone sentiment improved for the sixth straight month in April as investors took heart from the European Central Bank's bond-buying program, raising the current situation component of the Sentix index to its highest in almost four years.
German carmaker Mercedes-Benz plans to launch a mid-sized pickup truck, expanding its premium brand into a lower-priced bracket in a bid to narrow the sales gap with arch rival BMW (BMWG.DE).
Now may be a good time to start normalizing U.S. monetary policy, Federal Reserve policymaker James Bullard said on Thursday.
Germany's Angela Merkel does not expect talks on Monday with Greek Prime Minister Alexis Tsipras to resolve his differences with the euro zone over Greece's bailout but she does want to hear from him in person about his reform plans, an aide said.
Germany's economy minister has promised to block any clauses in a trade deal between the European Union and the United States that go against the ideals of his center-left Social Democrats (SPD), including investor protection clauses wanted by the Americans.
Deutsche Bank's (DBKGn.DE) retail operations will bear the brunt of its planned restructuring and will most likely be spun off in a stock market listing, two sources familiar with internal discussions at Germany's biggest bank said on Saturday.
Germany's Bayer said it was considering strategic options for its home and garden consumer products business, maker of Baby Bio plant feed, as its crop protection arm focuses on professional customers.
The United States has urged countries to think twice before signing up to a new China-led Asian development bank that Washington sees as a rival to the World Bank, after Germany, France and Italy followed Britain in saying they would join.
Germany will do all it can to avoid Greece stumbling out of the euro zone, a senior government official said on Wednesday ahead of a meeting of European Union leaders in Brussels.
