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EU states must respect democracy to receive funds: Germany

12 April 2018 | 0 comments

EU powerhouse Germany called Thursday for member states to respect the bloc's democratic standards if they want to receive development funds, pressuring countries like Poland and Hungary.German economics...

Puma lifts 2018 targets but warns of trade war headwinds

12 April 2018 | 0 comments

German sporting goods maker Puma on Thursday slightly upped its forecasts for 2018 on the back of strong first-quarter sales, but warned that the US-China trade row could cloud the rosy outlook.Revenues...

German aid worker kidnapped in Niger: official

12 April 2018 | 0 comments

A German aid worker was kidnapped by armed men in Niger on Wednesday in a region close to the border with Mali prone to jihadist attacks, an official said.The humanitarian worker employed by the aid group...

Scandal-hit Volkswagen set to name new CEO

12 April 2018 | 0 comments

German car giant Volkswagen is set to replace its chief executive Matthias Mueller Thursday, as it struggles to move on from the "dieselgate" emissions scandal that has mired the company since 2015.The...

Whispering pines: Trees tell story of WWII battleship

11 April 2018 | 0 comments

Throughout most of World War II, Allied bombers tried repeatedly to sink the Tirpitz, Germany's biggest battleship and a bete noir of Britain's wartime leader Winston Churchill, who took to calling it...

Draghi sees little impact from trade tensions -- for now

11 April 2018 | 0 comments

European Central Bank chief Mario Draghi on Wednesday said the US-China trade spat has so far had little impact on the eurozone economy, but warned that the risk of further retaliation was a key concern."So...

Ukraine rejects Russian gas transit offer

11 April 2018 | 0 comments

Ukraine on Wednesday rejected a natural gas transit proposal by Russian energy giant Gazprom as an unacceptable and unprofitable proposition for Kiev. Gazprom on Tuesday had said it could continue pumping...

German billionaire vanishes on Swiss Alps skiing trip

11 April 2018 | 0 comments

The billionaire chief of Germany's sprawling Tengelmann retail group has gone missing while skiing in the Swiss Alps, the company said Wednesday, although searchers have not given up hope of finding him."Search...

Appliance giant Thermomix fined in Australia over burns defect

11 April 2018 | 0 comments

Kitchen appliance giant Thermomix was fined Aus$4.6 million (US$3.5 million) in Australia Wednesday for breaching consumer laws after users of its mixers were burned by hot liquids due to a faulty seal.Action...

Russia's Gazprom says could maintain transit via Ukraine

10 April 2018 | 0 comments

Russia's Gazprom said Tuesday it was possible that it could retain some transit via Ukraine after German Chancellor Angela Merkel said this was essential for a planned Russian-German pipeline to go ahead.Gazprom...

Volkswagen says considering board 'changes', may name new CEO

10 April 2018 | 0 comments

Scandal-hit car giant Volkswagen said Tuesday it was considering reshuffling its board and that chief executive Matthias Mueller could be replaced, although no decision has yet been made."The Volkswagen...

No Russia-German pipeline plan without Ukraine role: Merkel

10 April 2018 | 0 comments

German Chancellor Angela Merkel said Tuesday that plans for a controversial second underwater pipeline to bring gas from Russia could not go forward without Ukrainian involvement in overland transit.After...

Air passengers grounded in strike-hit Germany, France

10 April 2018 | 0 comments

Tens of thousands of air passengers were stranded Tuesday as workers at airlines Lufthansa and Air France staged strikes that crippled traffic at several major European airports.Germany's biggest carrier...

Ousted Deutsche Bank boss to score 9 mn-euro payoff

10 April 2018 | 0 comments

Former Deutsche Bank chief executive John Cryan can expect a payoff of around 9.0 million euros ($11.1 million) after he was unwillingly shunted out of his post, internal rules at the lender show.When...

Catalonia's Puigdemont may stay in Berlin while on bail

9 April 2018 | 0 comments

Catalan separatist leader Carles Puigdemont, who was arrested in Germany on a Spanish extradition request but released on bail last week, was Monday allowed to stay in Berlin while the case is heard.Puigdemont,...



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