German business morale surprises, Japan helps firms (Reuters)

Shareholders of German industrial conglomerate Siemens arrive for the company's annual shareholders meeting in Munich, January 27, 2009. Siemens stuck with its outlook after a good start to fiscal 2009 amid the brutal knock-on effects of the credit crisis and an 8 percent drop in new orders in the first quarter and it is still aiming to post 8.0-8.5 billion euros in total sectors profit for the business year to end-September 2010, the company said. (Alexandra Beier/Reuters)Reuters – German business sentiment posted a surprise rise in January, a survey from Europe’s biggest economy showed on Tuesday, offering a glimmer of optimism in a global crisis which prompted Japan to extend aid to small companies.


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