Germany
Volkswagen, BMW Forecast Expanded Sales as German Carmakers Lead Recovery Volkswagen AG plans a second
consecutive record year for deliveries and BMW, helped by the
new 5-Series sedan, aims for an increase in sales as China,
Brazil and the U.S. propel a recovery in the global car market.
K+S Chief Steiner Says the Nitrogen Fertilizer Industry Ripe for Mergers K+S AG Chief Executive Officer
Norbert Steiner said he expects further consolidation to take
place in the nitrogen fertilizer industry.
Germany Stocks Decline; K+S, Bayer Drop as Shares of Volkswagen Advance Germany’s benchmark DAX Index
declined for a second day this week as drops in K+S AG and Bayer
AG shares offset gains for Volkswagen AG.
K+S Profit Drop From Potash Slump Tempered by Rising De-Icing Salt Demand K+S AG, Europe’s biggest potash
producer, said fourth-quarter earnings fell less than estimated
as Europe’s mid-winter cold snap bolstered demand for de-icing
salt.
Lufthansa Aims to Increase Operating Profit in 2010, Sees Revenue Recovery Deutsche Lufthansa AG, Europe’s
second-biggest airline, forecast higher operating profit this
year as travel increases and the company reduces spending.
Feldstein Says Euro's Declines Are a Result of `Panic Selling' Over Greece Harvard University Professor Martin
Feldstein said the euro’s 4.6 percent decline against the dollar
this year has been “panic selling” stemming from the financial
crisis in Greece.
Hannover Re Resumes Dividends After Fourth-Quarter Profit Beats Estimates Hannover Re, Germany’s second-
biggest reinsurer, plans to resume dividend payments after it
reported a surge in fourth-quarter profit, helped by a rebound
in investment income.
Bonds Trade Near 2-Week Low as Concern Over Greek Budget Deficit Eases German government bonds fell to the
lowest in more than two weeks on optimism Greece’s deficit
crisis has been contained, stemming the demand for safer assets.
Greek two-year notes stayed near a two-month high.
European Stocks Decline, Led by BHP Billiton, Lagardere; Volkswagen Gains European stocks declined from a
seven-week high as U.S. jobless claims fell less than forecast
and basic-resource producers retreated on speculation rising
inflation will prompt China to pare back stimulus measures.
Q-Cells Chief Executive Officer Milner Resigns Amid `Loss of Confidence' Q-Cells SE Chief Executive Officer
Anton Milner resigned with immediate effect as the unprofitable
German solar-cell maker reorganizes amid a “loss of
confidence” among investors.
Greece Paralyzed by Strikes as Unions Protest Against Plan to Cut Deficit Greek hospitals, airports and
schools were shut and police scuffled with protesters as unions
staged the second general strike this year against government
budget cuts to curb the European Union’s biggest deficit.
Food Recalls From Salmonella May Rise to 10,000 in Industry 'Wake-Up Call' Salmonella contamination at a
Nevada food-flavoring plant may trigger the recall of as many as
10,000 products, according to a Consumers Union scientist.
Putin Visits India in Race With U.S., Europe for Arms, Nuclear Agreements Russian Prime Minister Vladimir
Putin arrives in New Delhi tonight to fend off competition from
the U.S. and Europe to supply arms and nuclear energy to India.
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