<?xml version="1.0" encoding="iso-8859-1" ?><rss version="2.0" xmlns:media="http://news.usti.net/xml/rss.html"><channel><title>MY USTI.NET News: German business news</title><copyright>Copyright (c) 2007 USTINET Corporation. All rights reserved.</copyright><link>http://news.usti.net/</link><description>German business news</description><language>en-us</language><lastBuildDate>Fri Nov 14 18:03:13 2008</lastBuildDate><ttl>2880</ttl><image><title>MY USTI.NET News</title><width>123</width><height>36</height><link>http://news.usti.net/</link><url>http://rss.usti.net/xml_news.gif</url></image>
<item><title>Bernanke applauds central banks abroad</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dk/Uus-bernanke.RWTn_INE.html</link><guid isPermaLink="false">wed/dk/Uus-bernanke.RWTn_INE.html</guid><timestamp>1226684688</timestamp><pubDate>Fri, 14 Nov 2008 17:44:48 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dk/Uus-bernanke.RWTn_INE.html">&#60;/a>FRANKFURT, Germany, Nov. 14 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke used an appearance in Frankfurt, Germany, Friday to highlight international banking cooperation.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dk/Uus-bernanke.RWTn_INE.html">Bernanke applauds central banks abroad&#60;/a>&#60;br />FRANKFURT, Germany, Nov. 14 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke used an appearance in Frankfurt, Germany, Friday to highlight international banking cooperation.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Commerzbank jumps into bailout program</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ab/Ugermany-commerzbank.RQiY_IN3.html</link><guid isPermaLink="false">wed/ab/Ugermany-commerzbank.RQiY_IN3.html</guid><timestamp>1225749920</timestamp><pubDate>Mon, 03 Nov 2008 22:05:20 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ab/Ugermany-commerzbank.RQiY_IN3.html">&#60;/a>FRANKFURT, Germany, Nov. 3 (UPI) -- Germany&#39;s second largest bank, Commerzbank, said it would participate in the government&#39;s bailout plan, asking for $10.5 billion in assistance.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ab/Ugermany-commerzbank.RQiY_IN3.html">Commerzbank jumps into bailout program&#60;/a>&#60;br />FRANKFURT, Germany, Nov. 3 (UPI) -- Germany&#39;s second largest bank, Commerzbank, said it would participate in the government&#39;s bailout plan, asking for $10.5 billion in assistance.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Porsche to ease demand on Volkswagen stock</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/aq/Ugerman-volkswagen.RKHe_IOT.html</link><guid isPermaLink="false">wed/aq/Ugerman-volkswagen.RKHe_IOT.html</guid><timestamp>1225283088</timestamp><pubDate>Wed, 29 Oct 2008 12:24:48 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/aq/Ugerman-volkswagen.RKHe_IOT.html">&#60;/a>STUTTGART, Germany, Oct. 29 (UPI) -- German automaker Porsche Automobile Holding said it would sell a portion of its Volkswagen stock to ease demand resulting from a short squeeze.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/aq/Ugerman-volkswagen.RKHe_IOT.html">Porsche to ease demand on Volkswagen stock&#60;/a>&#60;br />STUTTGART, Germany, Oct. 29 (UPI) -- German automaker Porsche Automobile Holding said it would sell a portion of its Volkswagen stock to ease demand resulting from a short squeeze.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>European automakers schedule cutbacks</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dv/Ueu-economy.RTO9_IOR.html</link><guid isPermaLink="false">wed/dv/Ueu-economy.RTO9_IOR.html</guid><timestamp>1225142088</timestamp><pubDate>Mon, 27 Oct 2008 21:14:48 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dv/Ueu-economy.RTO9_IOR.html">&#60;/a>LEIPZIG, Germany, Oct. 27 (UPI) -- German and French carmakers have said they would shut down plants temporarily in reaction to the economic slowdown.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dv/Ueu-economy.RTO9_IOR.html">European automakers schedule cutbacks&#60;/a>&#60;br />LEIPZIG, Germany, Oct. 27 (UPI) -- German and French carmakers have said they would shut down plants temporarily in reaction to the economic slowdown.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Steinbrueck: Financial crisis end distant</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ck/Ugermany-financialcrisis.R5dt_IOP.html</link><guid isPermaLink="false">wed/ck/Ugermany-financialcrisis.R5dt_IOP.html</guid><timestamp>1224963886</timestamp><pubDate>Sat, 25 Oct 2008 19:44:46 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ck/Ugermany-financialcrisis.R5dt_IOP.html">&#60;/a>BERLIN, Oct. 25 (UPI) -- German Finance Minister Peer Steinbrueck says the world&#39;s ongoing economic malaise likely will not end until late 2009.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ck/Ugermany-financialcrisis.R5dt_IOP.html">Steinbrueck: Financial crisis end distant&#60;/a>&#60;br />BERLIN, Oct. 25 (UPI) -- German Finance Minister Peer Steinbrueck says the world&#39;s ongoing economic malaise likely will not end until late 2009.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Germany accused of isolationism</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cp/Ugermany-worldcrisis.R8fb_IOO.html</link><guid isPermaLink="false">wed/cp/Ugermany-worldcrisis.R8fb_IOO.html</guid><timestamp>1224870290</timestamp><pubDate>Fri, 24 Oct 2008 17:44:50 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cp/Ugermany-worldcrisis.R8fb_IOO.html">&#60;/a>FRANKFURT, Germany, Oct. 24 (UPI) -- A former German foreign minister said Germany&#39;s response to the current world financial crisis was too isolationist.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cp/Ugermany-worldcrisis.R8fb_IOO.html">Germany accused of isolationism&#60;/a>&#60;br />FRANKFURT, Germany, Oct. 24 (UPI) -- A former German foreign minister said Germany&#39;s response to the current world financial crisis was too isolationist.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Bavarian bank accepts Germany&#39;s help</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cc/Ugermany-bailout.Rdws_IOM.html</link><guid isPermaLink="false">wed/cc/Ugermany-bailout.Rdws_IOM.html</guid><timestamp>1224708287</timestamp><pubDate>Wed, 22 Oct 2008 20:44:47 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cc/Ugermany-bailout.Rdws_IOM.html">&#60;/a>MUNICH, Germany, Oct. 22 (UPI) -- Germany&#39;s second largest regional bank will be the first to participate in the country&#39;s $642.5 billion bailout package, a Bavarian official said.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cc/Ugermany-bailout.Rdws_IOM.html">Bavarian bank accepts Germany&#39;s help&#60;/a>&#60;br />MUNICH, Germany, Oct. 22 (UPI) -- Germany&#39;s second largest regional bank will be the first to participate in the country&#39;s $642.5 billion bailout package, a Bavarian official said.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Google loses German copyright lawsuit</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ax/Ugermany-google.Ro_9_IOF.html</link><guid isPermaLink="false">wed/ax/Ugermany-google.Ro_9_IOF.html</guid><timestamp>1224045294</timestamp><pubDate>Wed, 15 Oct 2008 04:34:54 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ax/Ugermany-google.Ro_9_IOF.html">&#60;/a>HAMBURG, Germany, Oct. 15 (UPI) -- A German court ruled Tuesday Google must get permission from the owner or creator of an art work before displaying it.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ax/Ugermany-google.Ro_9_IOF.html">Google loses German copyright lawsuit&#60;/a>&#60;br />HAMBURG, Germany, Oct. 15 (UPI) -- A German court ruled Tuesday Google must get permission from the owner or creator of an art work before displaying it.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Germans jolted by Lehman Brothers payment</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bs/Ugermany-lehman-kfwbank.RML0_ISJ.html</link><guid isPermaLink="false">wed/bs/Ugermany-lehman-kfwbank.RML0_ISJ.html</guid><timestamp>1221846286</timestamp><pubDate>Fri, 19 Sep 2008 17:44:46 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bs/Ugermany-lehman-kfwbank.RML0_ISJ.html">&#60;/a>FRANKFURT, Germany, Sept. 19 (UPI) -- German officials threatened consequences for a state-owned bank that transferred $500 million to Lehman Brothers Holdings hours before it collapsed.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bs/Ugermany-lehman-kfwbank.RML0_ISJ.html">Germans jolted by Lehman Brothers payment&#60;/a>&#60;br />FRANKFURT, Germany, Sept. 19 (UPI) -- German officials threatened consequences for a state-owned bank that transferred $500 million to Lehman Brothers Holdings hours before it collapsed.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>European Central Bank tries to calm nerves</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cu/Ueu-centralbank.RvG0_ISH.html</link><guid isPermaLink="false">wed/cu/Ueu-centralbank.RvG0_ISH.html</guid><timestamp>1221681288</timestamp><pubDate>Wed, 17 Sep 2008 19:54:48 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cu/Ueu-centralbank.RvG0_ISH.html">&#60;/a>FRANKFURT, Germany, Sept. 17 (UPI) -- The European Central Bank has been infusing the financial system with cash to try to stabilize European financial markets and restore consumer confidence.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/cu/Ueu-centralbank.RvG0_ISH.html">European Central Bank tries to calm nerves&#60;/a>&#60;br />FRANKFURT, Germany, Sept. 17 (UPI) -- The European Central Bank has been infusing the financial system with cash to try to stabilize European financial markets and restore consumer confidence.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Deutsche Bank agrees to $3.9 billion buy</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bc/Ugermany-deutschebank.Rfm5_ISC.html</link><guid isPermaLink="false">wed/bc/Ugermany-deutschebank.Rfm5_ISC.html</guid><timestamp>1221239688</timestamp><pubDate>Fri, 12 Sep 2008 17:14:48 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bc/Ugermany-deutschebank.Rfm5_ISC.html">&#60;/a>FRANKFURT, Germany, Sept. 12 (UPI) -- The Deutsche Bank in Germany said it agreed to buy 30 percent of Postbank, a subsidiary of Deutsche Post, for about $3.9 billion in cash.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bc/Ugermany-deutschebank.Rfm5_ISC.html">Deutsche Bank agrees to $3.9 billion buy&#60;/a>&#60;br />FRANKFURT, Germany, Sept. 12 (UPI) -- The Deutsche Bank in Germany said it agreed to buy 30 percent of Postbank, a subsidiary of Deutsche Post, for about $3.9 billion in cash.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Villegas Leads BMW Championship</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ca/Ayb120890106.R990_Ia5.html</link><guid isPermaLink="false">wed/ca/Ayb120890106.R990_Ia5.html</guid><timestamp>1220668496</timestamp><pubDate>Sat, 06 Sep 2008 02:34:56 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ca/Ayb120890106.R990_Ia5.html">&#60;/a>Camilo Villegas led after one round of the BMW Championship Friday, becoming the most likely candidate to derail Vijay Singh&#39;s bid for the FedEx Cup.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ca/Ayb120890106.R990_Ia5.html">Villegas Leads BMW Championship&#60;/a>&#60;br />Camilo Villegas led after one round of the BMW Championship Friday, becoming the most likely candidate to derail Vijay Singh&#39;s bid for the FedEx Cup.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(AP)</media:credit></item>
<item><title>Big job cuts could follow Dresdner sale</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bw/Ugermany-dresdner.R0mo_IaU.html</link><guid isPermaLink="false">wed/bw/Ugermany-dresdner.R0mo_IaU.html</guid><timestamp>1220100290</timestamp><pubDate>Sat, 30 Aug 2008 12:44:50 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bw/Ugermany-dresdner.R0mo_IaU.html">&#60;/a>BERLIN,  Aug. 30 (UPI) -- The imminent sale of the German investment firm Dresdner Kleinwort could put thousands of jobs at risk, sources say.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bw/Ugermany-dresdner.R0mo_IaU.html">Big job cuts could follow Dresdner sale&#60;/a>&#60;br />BERLIN,  Aug. 30 (UPI) -- The imminent sale of the German investment firm Dresdner Kleinwort could put thousands of jobs at risk, sources say.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Economy slowing new car models in Europe</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dv/Ugermany-cars.RQ9x_IaH.html</link><guid isPermaLink="false">wed/dv/Ugermany-cars.RQ9x_IaH.html</guid><timestamp>1219017892</timestamp><pubDate>Mon, 18 Aug 2008 00:04:52 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dv/Ugermany-cars.RQ9x_IaH.html">&#60;/a>OBERPFAFFENHOFEN, Germany,  Aug. 17 (UPI) -- Several European automakers are putting the brakes on planned rollouts for new models until the global economy improves, auto industry analysts said.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dv/Ugermany-cars.RQ9x_IaH.html">Economy slowing new car models in Europe&#60;/a>&#60;br />OBERPFAFFENHOFEN, Germany,  Aug. 17 (UPI) -- Several European automakers are putting the brakes on planned rollouts for new models until the global economy improves, auto industry analysts said.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>VWs popular in China</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/aa/Uchina-volkswagen.RJHY_IaH.html</link><guid isPermaLink="false">wed/aa/Uchina-volkswagen.RJHY_IaH.html</guid><timestamp>1219014887</timestamp><pubDate>Sun, 17 Aug 2008 23:14:47 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/aa/Uchina-volkswagen.RJHY_IaH.html">&#60;/a>BEIJING,  Aug. 17 (UPI) -- China is expected to become Volkswagen&#39;s No. 1 market this year, surpassing even its home turf in Germany, the automaker says.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/aa/Uchina-volkswagen.RJHY_IaH.html">VWs popular in China&#60;/a>&#60;br />BEIJING,  Aug. 17 (UPI) -- China is expected to become Volkswagen&#39;s No. 1 market this year, surpassing even its home turf in Germany, the automaker says.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Eurozone economy shrinks 0.5 percent</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ch/Ueu-economy.RyVD_IaF.html</link><guid isPermaLink="false">wed/ch/Ueu-economy.RyVD_IaF.html</guid><timestamp>1218836688</timestamp><pubDate>Fri, 15 Aug 2008 21:44:48 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ch/Ueu-economy.RyVD_IaF.html">&#60;/a>FRANKFURT, Germany,  Aug. 15 (UPI) -- The economy in the 15-member Eurozone shrank in the second quarter with the largest economies turning listless or showing contraction, data show.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ch/Ueu-economy.RyVD_IaF.html">Eurozone economy shrinks 0.5 percent&#60;/a>&#60;br />FRANKFURT, Germany,  Aug. 15 (UPI) -- The economy in the 15-member Eurozone shrank in the second quarter with the largest economies turning listless or showing contraction, data show.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>BMW recalls 200,000 vehicles</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ac/Uus-bmw.ReLR_IaE.html</link><guid isPermaLink="false">wed/ac/Uus-bmw.ReLR_IaE.html</guid><timestamp>1218737098</timestamp><pubDate>Thu, 14 Aug 2008 18:04:58 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ac/Uus-bmw.ReLR_IaE.html">&#60;/a>WOODCLIFF LAKE, N.J.,  Aug. 14 (UPI) -- BMW of North America said it was recalling 200,000 model year 2004-2006 vehicles due to a problems with the passenger-side air bag sensors.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ac/Uus-bmw.ReLR_IaE.html">BMW recalls 200,000 vehicles&#60;/a>&#60;br />WOODCLIFF LAKE, N.J.,  Aug. 14 (UPI) -- BMW of North America said it was recalling 200,000 model year 2004-2006 vehicles due to a problems with the passenger-side air bag sensors.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Deutsche Bank posts second-quarter profits</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bs/Ugermany-deutschebank.R9lx_IlV.html</link><guid isPermaLink="false">wed/bs/Ugermany-deutschebank.R9lx_IlV.html</guid><timestamp>1217510687</timestamp><pubDate>Thu, 31 Jul 2008 13:24:47 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bs/Ugermany-deutschebank.R9lx_IlV.html">&#60;/a>FRANKFURT, Germany, July 31 (UPI) -- Deutsche Bank, the largest bank in Germany, posted $1 billion in profits in the second quarter in spite of massive write downs, the bank said.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bs/Ugermany-deutschebank.R9lx_IlV.html">Deutsche Bank posts second-quarter profits&#60;/a>&#60;br />FRANKFURT, Germany, July 31 (UPI) -- Deutsche Bank, the largest bank in Germany, posted $1 billion in profits in the second quarter in spite of massive write downs, the bank said.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Tennessee becomes auto hub</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dp/Uus-volkswagen.RguF_IlR.html</link><guid isPermaLink="false">wed/dp/Uus-volkswagen.RguF_IlR.html</guid><timestamp>1217207095</timestamp><pubDate>Mon, 28 Jul 2008 01:04:55 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dp/Uus-volkswagen.RguF_IlR.html">&#60;/a>CHATTANOOGA, Tenn., July 27 (UPI) -- A planned influx of auto industry jobs in Chattanooga could help the Tennessee state economy, experts say.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dp/Uus-volkswagen.RguF_IlR.html">Tennessee becomes auto hub&#60;/a>&#60;br />CHATTANOOGA, Tenn., July 27 (UPI) -- A planned influx of auto industry jobs in Chattanooga could help the Tennessee state economy, experts say.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Volkswagen to build plant in Tennessee</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ch/Uus-volkswagen.RLp8_IlF.html</link><guid isPermaLink="false">wed/ch/Uus-volkswagen.RLp8_IlF.html</guid><timestamp>1216146286</timestamp><pubDate>Tue, 15 Jul 2008 18:24:46 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ch/Uus-volkswagen.RLp8_IlF.html">&#60;/a>CHATTANOOGA, Tenn., July 15 (UPI) -- Volkswagen AG said Tuesday it would build a $991.4 million automobile plant in Chattanooga, Tenn.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ch/Uus-volkswagen.RLp8_IlF.html">Volkswagen to build plant in Tennessee&#60;/a>&#60;br />CHATTANOOGA, Tenn., July 15 (UPI) -- Volkswagen AG said Tuesday it would build a $991.4 million automobile plant in Chattanooga, Tenn.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Loscher: Siemens to cut 17,200 jobs</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bq/Ugermany-siemens.RVjm_IuS.html</link><guid isPermaLink="false">wed/bq/Ugermany-siemens.RVjm_IuS.html</guid><timestamp>1214679918</timestamp><pubDate>Sat, 28 Jun 2008 19:05:18 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bq/Ugermany-siemens.RVjm_IuS.html">&#60;/a>BERLIN, June 28 (UPI) -- Siemens, a major engineering company based in Germany, will cut 17,200 jobs worldwide to remain competitive, company President Peter Loscher says.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bq/Ugermany-siemens.RVjm_IuS.html">Loscher: Siemens to cut 17,200 jobs&#60;/a>&#60;br />BERLIN, June 28 (UPI) -- Siemens, a major engineering company based in Germany, will cut 17,200 jobs worldwide to remain competitive, company President Peter Loscher says.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Germany&#39;s leading index declined in April</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bv/Ugermany-leadingindex.R-Nt_IuI.html</link><guid isPermaLink="false">wed/bv/Ugermany-leadingindex.R-Nt_IuI.html</guid><timestamp>1213824892</timestamp><pubDate>Wed, 18 Jun 2008 21:34:52 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bv/Ugermany-leadingindex.R-Nt_IuI.html">&#60;/a>FRANKFURT, Germany, June 18 (UPI) -- The leading economic indicator in Germany fell 0.2 percent in April, but the current conditions index rose 0.1 percent, the Conference Board reported.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/bv/Ugermany-leadingindex.R-Nt_IuI.html">Germany&#39;s leading index declined in April&#60;/a>&#60;br />FRANKFURT, Germany, June 18 (UPI) -- The leading economic indicator in Germany fell 0.2 percent in April, but the current conditions index rose 0.1 percent, the Conference Board reported.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>German dairy strike spreads in Europe</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ci/Ugermany-milkstrike.Rp08_IyU.html</link><guid isPermaLink="false">wed/ci/Ugermany-milkstrike.Rp08_IyU.html</guid><timestamp>1212174888</timestamp><pubDate>Fri, 30 May 2008 19:14:48 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ci/Ugermany-milkstrike.Rp08_IyU.html">&#60;/a>HAMBURG, Germany, May 30 (UPI) -- European dairy farmers are beginning to join a farmers&#39; strike started in Germany to protest low milk prices, industry observers said Friday.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ci/Ugermany-milkstrike.Rp08_IyU.html">German dairy strike spreads in Europe&#60;/a>&#60;br />HAMBURG, Germany, May 30 (UPI) -- European dairy farmers are beginning to join a farmers&#39; strike started in Germany to protest low milk prices, industry observers said Friday.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Porsche eyeing 2,100 new German jobs</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dn/Ugermany-porsche.RfY3_IyH.html</link><guid isPermaLink="false">wed/dn/Ugermany-porsche.RfY3_IyH.html</guid><timestamp>1211054705</timestamp><pubDate>Sat, 17 May 2008 20:05:05 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dn/Ugermany-porsche.RfY3_IyH.html">&#60;/a>BERLIN, May 17 (UPI) -- The German luxury automobile manufacturer Porsche will soon create as many as 2,700 jobs in Europe thanks to a new model, a company official says.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/dn/Ugermany-porsche.RfY3_IyH.html">Porsche eyeing 2,100 new German jobs&#60;/a>&#60;br />BERLIN, May 17 (UPI) -- The German luxury automobile manufacturer Porsche will soon create as many as 2,700 jobs in Europe thanks to a new model, a company official says.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(UPI)</media:credit></item>
<item><title>Luxury auto rivals Daimler, BMW discuss sharing components</title><link>http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ag/Ayb116594835.Rlrt_IMK.html</link><media:content url="http://rss.usti.net/xwd/ar/photo-cnt31792.jpg" type="image/jpeg" height="160" width="240"/><guid isPermaLink="false">wed/ag/Ayb116594835.Rlrt_IMK.html</guid><timestamp>1208689835</timestamp><pubDate>Sun, 20 Apr 2008 11:10:35 GMT</pubDate><description>&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ag/Ayb116594835.Rlrt_IMK.html">&#60;img src="http://rss.usti.net/xwd/ar/photo-cnt31792.jpg" height="96" width="144" align="left" alt="Photo" title="Photo" />&#60;/a>BEIJING - Daimler AG, the maker of Mercedes-Benz cars, is discussing sharing components and technology development with rival BMW AG, Daimler CEO Dieter Zetsche said Sunday.&#60;/p>&#60;br clear="all"/></description><media:text type="html">&#60;p>&#60;a href="http://news.usti.net/newsstory/world.europe.germany.biz/2/wed/ag/Ayb116594835.Rlrt_IMK.html">&#60;img src="http://rss.usti.net/xwd/ar/photo-cnt31792.jpg" height="96" width="144" align="left" alt="Photo" title="Photo" />Luxury auto rivals Daimler, BMW discuss sharing components&#60;/a>&#60;br />BEIJING - Daimler AG, the maker of Mercedes-Benz cars, is discussing sharing components and technology development with rival BMW AG, Daimler CEO Dieter Zetsche said Sunday.&#60;/p>&#60;br clear="all"/></media:text><media:credit role="publishing company">(AP)</media:credit></item>
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