Germany

Daimler backtracks, buys back stake in Tognum diesel maker

Stuttgart  - In a surprising reversal of policy, Daimler said Wednesday it planned to buy back into the company that makes MTU diesel engines for ships and monster machines, barely three years afte

Priceless Americas art collection seized in Munich

Munich - German police have swooped on a warehouse and seized a collection of Mayan, Aztec and Incan art, which governments have been trying to keep off the art market, officials said Wednesday.

VW reports earnings jump as deliveries hit record

Wolfsburg - Europe's biggest carmaker VolkswagenEurope's biggest c

German unemployment falls less than forecast in April

Berlin - German unemployment fell less than expected in April, data released Wednesday showed, amid signs of slowing growth in Europe's biggest economy.

Siemens posts slump in quarterly earnings

Munich - SiemensGerman electronics giant Siemens AG said Wednesday that its quarterly profit fell 67 pe

SAP's profits falls despite higher sales

Frankfurt - SAPEuropean software giant SAP AG reported Wednesday a 22-per-cent fall in first-quarter profits on

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