Germany

Factory-automation industry escapes recession woes

Hanover, Germany  - The factory-automation business, which was worth 253 billion euros (402 billion dollars) worldwide last year, is set for continued growth, with demand high for smart machines th

Social Democrats expected to give green light to railway sale

Berlin  - Germany's Social Democrat leaders are expected to agree Monday to a controversial plan to sell off shares in the nation's railway company, Deutsche Bahn AG, which analysts say should gene

EU aims to sign Serbian association deal before May elections

Berlin  - The European Union aims to sign an association agreement with Serbia before its May elections with the intention of sending a "strong signal" of commitment to the Balkan country, EU Enlar

EU Commissioner Rehn says EU must stand by Turkey in critical phase

Berlin  - Turkey is passing through a more critical phase than at any time since its negotiations to join the European Union began three years ago, EU Enlargement Commissioner Olli Rehn said in an

Daimler, Hero Group to invest 1.1 billion dollars for truck plant

New Delhi  - World's largest truck manufacturer Daimler AG and India's Hero Group will invest 44 billion rupees (1.1 billion dollars) over five years in a joint venture to make commercial vehicles,

China blamed for billions in German intellectual property losses

Hanover, Germany  - German engineering companies lost 7 billion euros (11 billion dollars) in intellectual property theft last year, with China the chief culprit, the VDMA engineering association s

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