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<title>Siemens wins largest ever contract in the Gulf</title>
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<description><![CDATA[Shuaibah Water and Electricity Company, Riyadh, has awarded Siemens Power Generation in partnership with South Korea's Doosan Heavy Industries a contract for the turn-key construction of a steam plant connected to a water desalination plant.]]></description>
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<title>German business confidence leaps to a five year high</title>
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<description><![CDATA[With the year 2005 drawing to a close, there are increasing signs that Europe's largest economy is coming out of the woods at last. German business confidence in December rose to its highest level in more than five years according to the IFO Institute in Munich, a leading German think tank.]]></description>
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<title>Deutsche Bahn buys BAX Global</title>
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<description><![CDATA[Germany's all-dominating national rail operator Deutsche Bahn AG has confirmed the 100% purchase of BAX Global Inc. in Irvine, California, a unit of security group Brink's Co., for an undisclosed sum of up $1.2 billion. The closing is expected in a few weeks time.]]></description>
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<title>Widespread scepticism over Germany's coalition</title>
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<description><![CDATA[The 130-page agreement hammered out by Angela Merkel's conservative CDU and the social democrat SPD that will form the basis for Germany's new 'Grand Coalition' government after November 22 has drawn withering criticism from all quarters of German industry and commerce.]]></description>
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<title>Dire warnings from Germany's Five Wise Men</title>
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<description><![CDATA[The government-appointed panel of independent economic advisers nicknamed the &#039;Five Wise Men&#039; have issued a gloomy forecast for the country's sputtering economy. In their widely regarded annual report, the experts do not see any indications of a turn-around of the sluggish performance of the Europe's largest economy.]]></description>
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