chancellor angela merkel

(Technische Universitaet Muenchen) Germany's legendary innovation engine is faltering, according to a report delivered to Chancellor Angela Merkel today, but could -- with a major tune-up -- help propel the economy from crisis to sustainable growth.

This package of sobering analysis and forceful advice came from the federally chartered Expert Commission on Research and Innovation, also known by the acronym EFI.

The German parliament is expected to discuss these issues in May and debate what actions to take.

Siemens said on Tuesday it would reject any further orders from Iran as world powers consider imposing wider sanctions on Tehran over its disputed nuclear activity.

German Chancellor Angela Merkel said on Tuesday Iran was running out of time if it wanted to avoid further sanctions.

German Chancellor Angela Merkel is pressing General Motors Co. to come up with a "reliable concept" for the future of its subsidiary Opel.

German voters handed conservative Chancellor Angela Merkel a second term and a chance to create new center-right government Sunday, while her center-left rivals suffered a historic defeat in the national election.

GM's decision to sell European subsidiary Opel to auto parts maker Magna International was a political victory for German Chancellor Angela Merkel.

But the carmaker's future success is far from guaranteed.

German Chancellor Angela Merkel , who faces reelection in about a month, said she would press ahead with plans to save Opel, the troubled German unit of General Motors, after lamenting that the American company's board failed to resolve the fate of its European operations when it met Friday in Detroit.

Chancellor Angela Merkel says she favors the Canadian company Magna International in the bidding for the German unit of G.M.

Chancellor Angela Merkel's Cabinet aims Wednesday to finalize a plan that envisions one million electric cars zipping along the nation's famed autobahns by 2020.

German Chancellor Angela Merkel has revealed the US president helped swing a deal to save carmaker Opel from the imminent bankruptcy of its parent firm.

She said Barack Obama helped clear some hurdles threatening the transaction during a phone conversation.

Fiat CEO Sergio Marchionne was meeting German Chancellor Angela Merkel Tuesday to discuss his bid for ailing General Motors Corp.'s Opel unit as a decision on the company's future nears.