GM’s Akerson affirms commitment to Opel
RUESSELSHEIM, Germany (AP) — General Motors top executives are reaffirming their commitment to Opel, their lossmaking European subsidiary, during a visit to the company’s German headquarters. Continue...
View ArticleGerman news agency dapd closes
BERLIN (AP) — An insolvency administrator has ordered the German news agency dapd to shut operations immediately after it failed to find investors. Taken from: German news agency dapd closes
View ArticleVolkswagen March sales flat as Europe struggles
FRANKFURT, Germany (AP) — German automaker Volkswagen AG says sales were flat in March and that global car markets outside North America and China “are becoming even more difficult.” Excerpt from:...
View ArticleDutch coffee company DEMB agrees to $9.8B buyout
AMSTERDAM (AP) — The management of Dutch coffee maker D.E. Master Blenders 1753 NV says it has agreed to a 7.5 billion euro ($9.8 billion) buyout offer from a group led by private German investment...
View ArticleNHL game postponed, security upped after bombings
A few hours after the Boston Marathon bombings, and more than 1,000 miles away, a police officer with a German shepherd patrolled near an entrance to the baseball stadium where Miami hosted Washington...
View ArticleBruins, Celtics affected, security up after bombs
A few hours after the Boston Marathon bombings, and more than 1,000 miles away, a police officer with a German shepherd patrolled near an entrance to the baseball stadium where Miami hosted Washington...
View ArticleGermany buys data on 1,000s of alleged tax cheats
BERLIN (AP) — German authorities say they have purchased a CD containing secret Swiss bank account details of thousands of alleged tax cheats. View article: Germany buys data on 1,000s of alleged tax...
View ArticleGerman state raids homes of 200 alleged tax cheats
BERLIN (AP) — German authorities launched dawn raids on the homes of over 200 suspected tax cheats Tuesday, acting on information gleaned from a CD containing the confidential account details of...
View ArticleGerman court sees merit in Afghan airstrike case
BERLIN (AP) — A German court says a case brought by relatives of Afghans killed in a 2009 NATO airstrike ordered by German forces has merit, and it now plans to proceed with a review of evidence. More:...
View ArticleGerman Parliament approves Cyprus aid package
BERLIN (AP) — The German Parliament has approved a 10 billion euros ($13 billion) rescue package for Cyprus by a wide margin. Continue reading here: German Parliament approves Cyprus aid package
View ArticleGerman lawmakers reject boardroom quota for women
BERLIN (AP) — The German Parliament has rejected an attempt to introduce a quota for women on companies’ boards of directors — defusing for now a divisive issue for Chancellor Angela Merkel’s...
View ArticleLufthansa workers to strike on Monday over pay
FRANKFURT (Reuters) – Trade union Verdi has called on thousands of workers at German airline Lufthansa to go on strike on Monday to increase pressure on management in pay negotiations. Verdi,...
View ArticleGoogle fined by German data protection agency
BERLIN (AP) — A German data protection agency fined Google Inc. 145,000 euros ($189,000) for illegally recording information from unsecured wireless networks — an amount it acknowledged is “totally...
View ArticleBerlin to introduce tax on tourist hotel stays
BERLIN (AP) — Berlin’s city government has decided to put a 5 percent tax on tourist hotel stays from this summer, part of efforts to shore up the German capital’s finances. More: Berlin to introduce...
View ArticleGermany: Bieber’s monkey going nowhere
BERLIN (AP) — German customs authorities say Justin Bieber’s monkey is going nowhere, despite a request of the animal shelter where it’s living that it go to a zoo. View the original here: Germany:...
View ArticleGerman business optimism falls more than expected
FRANKFURT, Germany (AP) — A key measure of German business optimism fell in April, suggesting Europe’s biggest economy might not be rebounding as expected and likely putting more pressure on the...
View ArticleKey German index falls more than expected in April
FRANKFURT, Germany (AP) — A closely watched index of German business optimism fell more than expected in April in a sign that Europe’s biggest economy might not be rebounding as strongly as expected....
View ArticleGerman gov’t raises 2013 growth outlook to 0.5 pct
BERLIN (AP) — The German government is raising slightly its forecast for growth this year, though it still expects Europe’s biggest economy to expand by only 0.5 percent. Originally posted here: German...
View ArticleGerman government raises 2013 growth outlook
BERLIN (AP) — The German government on Thursday raised slightly its growth forecast for this year, though it still expects Europe's biggest economy to expand by only 0.5 percent. See the original...
View ArticleDeutsche Bank has "zero tolerance" for tax evaders: CEO
FRANKFURT (Reuters) – Deutsche Bank has "zero tolerance" for customers seeking to evade taxes by holding assets in foreign accounts managed by the lender, Co-Chief Executive Juergen Fitschen told...
View ArticleHuffington Post to launch German edition
BERLIN (AP) — The Huffington Post is expanding its footprint in Europe with a German language edition. Read more here: Huffington Post to launch German edition
View ArticleGermany charges 4 with sending Iran reactor parts
BERLIN (AP) — Federal prosecutors say they have charged three German-Iranian dual nationals and a German man with breaking export laws for allegedly supplying Iran with parts needed to build a nuclear...
View ArticleGerman inflation down, door open for ECB rate cut
FRANKFURT, Germany (AP) — The European Central has a freer hand to cut interest rates now that official figures show German inflation dropped to an annual 1.1 percent in April. Link: German inflation...
View ArticleGerman banks oppose US plan seeking higher capital
BERLIN (AP) — German banks are rejecting a push by U.S. regulators to tighten oversight of foreign banks and impose higher capital buffer requirements, saying the measures would hit their...
View ArticleItaly’s new PM Letta to visit Merkel on Tuesday
BERLIN (Reuters) – Italy’s new Prime Minister Enrico Letta will travel to Berlin on Tuesday for talks with German Chancellor Angela Merkel, her spokesman said in a statement. The two leaders will hold...
View ArticleLetta says Italy does not have to justify budget plans to Germany
BERLIN (Reuters) – Italy does not need to justify its spending plans to Germany as long as they remain within European Union deficit limits, Prime Minister Enrico Letta said on Tuesday. “The ways in...
View ArticleTough auto market dents BMW earns, sales in Q1
FRANKFURT, Germany (AP) — Tough auto markets worldwide — including a deep slump in Europe — and investment in new technology dented first-quarter earnings at German automaker BMW AG. See more here:...
View ArticleNational Mall overhaul draws $10M gift from VW
WASHINGTON (AP) — Plans to overhaul neglected sites on Washington’s National Mall with lakeside gardens, grassy amphitheaters and restaurants with views of the nation’s memorials are getting a boost...
View ArticleGerman WWII bomber to be salvaged off UK coast
LONDON (AP) — A famous German World War II bomber nicknamed "the flying pencil" has spent decades submerged in the English Channel after being shot down in the Battle of Britain. Now, divers are...
View Article1 German soldier killed, 1 wounded in Afghanistan
BERLIN (AP) — Insurgents in northern Afghanistan have killed a German special forces soldier and wounded a second, the German defense minister said Sunday. The fatality marks the first death in combat...
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