Germany

Austria finds some egg products contaminated with insecticide: ORF

Austria finds some egg products contaminated with insecticide: ORF

Published 14/08/2017

Tests show that some imported egg products in Austria have been contaminated with a potentially harmful insecticide, a health ministry official told broadcaster ORF on Monday, adding to the list of countries affected by an international health scare. [more…]

World shares, dollar rise after week of North Korea-driven losses

World shares, dollar rise after week of North Korea-driven losses

Published 14/08/2017

World stocks rose on Monday, recovering some of their poise after fears of a U.S.-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen. [more…]

Euro zone June industry output drops by more than expected

Euro zone June industry output drops by more than expected

Published 14/08/2017

Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. [more…]

Banks lead relief rally for European stocks, fundamentals back in focus

Banks lead relief rally for European stocks, fundamentals back in focus

Published 14/08/2017

European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year. [more…]

Dollar nurses losses as outlook remains wary

Dollar nurses losses as outlook remains wary

Published 14/08/2017

The dollar edged lower against a trade-weighted basket of currencies on Monday after posting its biggest weekly drop in three weeks as expectations of U.S. rate increases dwindled further after weak inflation data. [more…]

Wild brass bands festival kicks off in Serbia

Wild brass bands festival kicks off in Serbia

Published 13/08/2017

The 57h Guca Brass Band Festival, Serbia's liveliest traditional music event, has attracted tens of thousands of people crowding the streets and savoring the trumpet beat. [more…]

In call with Trump, China`s Xi urges restraint over North Korea

In call with Trump, China`s Xi urges restraint over North Korea

Published 12/08/2017

China's President Xi Jinping said there needs to be a peaceful resolution to the North Korean nuclear issue, and in a telephone call with U.S. President Donald Trump he urged all sides to avoid words or action that raise tensions. [more…]

Merkel rounds on German auto executives in opening election rally

Merkel rounds on German auto executives in opening election rally

Published 12/08/2017

Chancellor Angela Merkel kicked off her re-election campaign on Saturday with a stinging attack on German auto executives, pressing them to innovate to secure jobs, and win back trust lost by a diesel emissions scandal. [more…]

Iran in talks to buy 48 Airbus helicopters: report

Iran in talks to buy 48 Airbus helicopters: report

Published 12/08/2017

Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanctions. [more…]

Cash-strapped SoundCloud gets new funds and top management

Cash-strapped SoundCloud gets new funds and top management

Published 11/08/2017

SoundCloud, the world's most popular streaming music app, but one that has struggled to find a profitable business model, said it received new funding on Friday, insulating it from potentially running out of cash this year. [more…]