Fitch ratings agency on Monday cut Volkswagen's credit rating by two notches, saying that a widening pollution cheating scandal has exposed weak corporate governance at the German auto giant.
Germany plans to speed up repatriations of rejected asylum-seekers from new central hubs, Chancellor Angela Merkel and her coalition allies agreed, vowing to bring order to a record migrant influx.
Moody's hit embattled German automaker Volkswagen with a credit downgrade, saying the company's reputation and earnings were at risk from the growing emissions cheating scandal.
Thousands of shrieking teenage fans greeted superstar Jennifer Lawrence as the final movie of "The Hunger Games" blockbuster franchise had its world premiere in Berlin.
Commerzbank, Germany's second biggest lender, said that profits were down in the third quarter, but it still planned to pay out a dividend to shareholders for the whole year.
Germany will send thousands of rejected asylum applicants back to the Balkans in the coming months as Berlin toughens its stance on economic migrants in the face of a refugee crisis.
German auto giant Volkswagen said that the global pollution-cheating scam it is currently embroiled in pushed it deeply into the red in the third quarter and would hurt earnings for the whole of 2015.
European Union and Balkan leaders struggled Sunday to reduce tensions over how to tackle the migrant crisis as Slovenia warned the bloc will "start falling apart" if it fails to take concrete action within weeks.
German auto giant Volkswagen steered clear of a fresh blow in its emissions-rigging scandal, saying that another type of diesel engine which had raised concerns was not fitted with software designed to dupe testers.
Germany's xenophobic PEGIDA movement drew widespread condemnation from lawmakers and Jewish groups after a speaker at an anti-refugee rally used Nazi-era rhetoric.
Tens of thousands of people massed in the eastern German city of Dresden in counter rallies over the anti-migrant movement PEGIDA, with one demonstrator left seriously injured in a brief clash between the two sides.
Scandal-plagued Deutsche Bank, Germany's biggest lender, announced a major business and management shake-up that would "fundamentally change" its leadership structure.
They gather in the dark, wave German flags and vent their fury at foreigners they fear are overrunning their homeland -- next week Germany's anti-Islamic PEGIDA movement turns one year old.
Volkswagen said it will recall a total of 8.5 million diesel vehicles Europe-wide as police raided the carmaker's office in Italy and those of its sports car unit Lamborghini over a global pollution-cheating scandal.
German Chancellor Angela Merkel said there was a "glimmer of hope" that Ukraine could finally head towards a political solution to ending the separatist war in the country's east.
The true story of the unassuming Brooklyn insurance lawyer who secured the release of a captured American pilot from the Soviet Union marks Steven Spielberg's latest bid for Oscar glory.