Latest Berlin News
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Germany mourns loss of two World Cup-winners
Ottmar Walter, a 1954 World Cup-winner, has died at the age of 89 Walter, 89, a 1954 World Cup-winner, died on Sunday. On the previous day, 1974 World Cup-winner Flohe had died at the age of 65 after having been in coma for over three years following a stroke.Walter had been one of three surviving members of Germany's 1954 World Cup squad. Their 3-2 victory over favourites Hungary at the ...
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German Chancellor Merkel appalled by heavy-handed crackdown against protests in Turkey
BERLIN - Germany's chancellor is criticizing the Turkish security forces' crackdown against street protests as "much too strong." Angela Merkel told German broadcaster RTL Monday she was "appalled" to see footage from the past weekend when police forces moved in to clear Istanbul's Gezi park that had become a centre of the protests. She said that "what ...
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Momentive Performance Materials Increases Manufacturing Capacity in Texas and Germany
Momentive Performance Materials Inc. ("MPM" or the "Company") announced today the official expansion of two production facilities in the United States and Germany. With increasing demand in a variety of industries it serves, the company has added manufacturing capacity to its production assets located in Texas City, Texas, and its Leverkusen, Germany manufacturing ...
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Amazon’s German unit hit with two-day strike over pay dispute
Union members at online retailer Amazon.com Inc.'s German operations have begun a two-day strike to ratchet up pressure on the company over pay demands.The ver.di union says workers at Amazon's distribution centres in Leipzig and Bad Hersfeld began the strike Monday following three earlier one-day strikes since ...
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Union ratchets up pressure on Amazon Germany
BERLIN -; Union members at online retailer Amazon's German operations have begun a two-day strike to ratchet up pressure on the company over pay ...
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Turkey RiotGerman Green party leader Claudia Roth ” It was like a war ” Breaking News
The Turkish police have stormed Gezi Park in Istanbul. The security forces used water cannons and tear gas. Protesters fled into side streets and hotels. Middle: Green Party leader Claudia ...
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German Bunds Erase Decline Leaving 10-Year Yield at 1.51
Germany 's 10-year government bonds erased a decline, leaving the yield at 1.51 percent as of 11:54 a.m. London time. The rate earlier climbed as much as three basis points, or 0.03 percentage point, to 1.54 percent. The nation's two year notes yielded 0.13 percent. To contact the reporter on this story: Lucy Meakin in London ...
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German Market Notably Higher Ahead Of Fed Meet
The German market is notably higher on Monday, as investors remain hopeful ahead of the two-day policy meeting of the Federal Reserve. Fed Chief Ben Bernanke is expected to address some investor concerns after the meeting.On a day of light economic news, employment in the German manufacturing sector increased modestly in April, preliminary data released by the Federal Statistical Office ...
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Bundesbank sees slower German growth this summer
LONDON (MarketWatch) -- Growth in Germany is likely to slow over the summer, after a strong second quarter, the Bundesbank said in its monthly report on Monday. The central bank said production expectations for the coming months have been significantly scaled back recently given weaker orders in April, while the same goes for short-term export prospects. Additionally, the improvement in the ...
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FremantleMedia Signs Web Therapy Package Deals for Germany
COLOGNE, Germany - FremantleMedia International has signed a series of major deals totaling more than 220 hours of programming, with broadcasters in Germany and Austria, including package deals with ProSiebenSat.1 and RTL Group ...
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Germanys Merkel appalled by Turkeys response to protests
BERLIN (Reuters) - German Chancellor Angela Merkel said on Monday she was shocked at Turkey's tough response to anti-government protests but she stopped short of demanding that the European Union call off accession talks with the candidate ...
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Lufthansa confirms $10.4 billion order for Airbus A320s
confirmed an order for 100 Airbus A320-family aircraft worth around $10.4 billion (6.6 billion pounds) at list prices at the Paris Airshow on Monday.The airline said it ordered 30 A320s, as well as 35 A320neo and 35 A321neo aircraft, with deliveries expected between 2015 and 2025.Lufthansa added that it had not yet reached a deal on the purchase of two A380 superjumbos, which had also been ...
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Germany mourns two football legends
Walter was born in the town of Kaiserslautern in south-western Germany in 1924. As a child he dreamed of becoming a boxer and following in the footsteps of Max Schmeling, the world heavyweight champion of 1930 and 1932. However the pull of his local football club, which launched the stellar career of his brother Fritz Walter, proved decisive. His early career at Kaiserslautern was interrupted ...
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Germany’s Doric unveils $8-billion Airbus A380 order
German transport financier Doric Asset Finance said on Monday that it had signed a memorandum of understanding to buy 20 Airbus <EAD.PA> A380 superjumbos in a deal worth $8-billion at list prices.Doric said the deal would be finalized within a few months, with deliveries to start in 2016."We see how airlines that do not yet have the A380 are interested in it and approach us and ask ...
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German wage rises exports offer hope for euro zone
Reuters © Cars and containers are pictured at a shipping terminal in the harbour of the German northern town of Bremerhaven, late October 8, 2012. REUTERS/Fabian ...
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German Bunds Fall Amid Fed Speculation as Italian Bonds Gain
Germany 's 10-year bund yield rose two basis points, or 0.02 percentage point, to 1.53 percent at 8:33 a.m. London time after falling to 1.51 percent on June 14, the lowest since June 7. The 1.5 percent security due in May 2023 fell 0.145, or 1.45 euros per 1,000-euro face amount, to 99.725. Italian 10-year bonds gained for a third day, with the yield dropping one basis point to 4.27 ...
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German Stocks Advance as Investors Await Fed Meeting
Frankfurt . The equity benchmark lost 1.5 percent last week on concern that the Fed will start to taper its bond-purchase program in September. The HDAX Index rose 1.2 percent today. "Once again investors are awaiting some decisions from this week's Fed meeting," Marcus Silbe, an analyst at Close Brothers Seydler Research AG in Frankfurt, wrote in an e-mail. "Most ...
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Obama Begins European Trip G-8 Summit Then Stop In Berlin
Oxfam charity volunteers wear masks depicting G-8 leaders President Obama and German Chancellor Merkel around a large cauldron during a photo call to draw attention to the issue of world hunger outside City Hall in Belfast, Northern Ireland, on Sunday. G-8 leaders are gathering in Northern Ireland for their annual summit that is expected to be dominated by talks on ...
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German Village may limit more parking
Parking spots are hard to come by on Kossuth Street in German Village. Residents and nearby businesses are at odds over whether the blocks between Mohawk and S. 5th streets should be permit-only parking after 4 ...
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Zuse Institute Berlin Uses DataDirect Networks to Accelerate Big Data Analytics for Advanced Scientific Research
Zuse Institute Berlin (ZIB), a world-class research institute for applied mathematics and computer science, will use DataDirect Networks (DDN) in partnership with Cray Inc. as the foundation for ...
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Obama looks to harness JFK speech magic on Berlin visit
BERLIN -- Barack Obama will walk in John F. Kennedy's footsteps this week on his first visit to Berlin as U.S. president, but encounter a more powerful and skeptical Germany in talks on trade and secret surveillance ...
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German Government Bonds Decline Before Euro-Region Trade Report
government bonds declined, with 10-year bunds falling for the first time in five days, before a report on the euro area's trade balance. The ...
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Tennant Will Likely Appeal German Court Advertising Decision
MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company ( ), a world leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world said today that it will likely appeal a recent German court decision in Krcher's lawsuit regarding advertisements of Tennant Company's proprietary ec-H2O(TM) technology, a chemical-free cleaning solution ...
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The German Socialist Equality Party election campaign goes online
The Socialist Equality Party (Partei fr Soziale Gleichheit, PSG) in Germany has now placed its general election campaign web site online. It can be ...
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Berlin budget vote set for City Hall tonight
The long budget season that Mayor Paul Grenier called one of the most challenging ever is almost over. The mayor and council are scheduled to finalize the city's fiscal year 2014 budget at the council's regular meeting at Berlin City Hall tonight. The budget is $31,688,533, a decrease of about $1 million from the year before. Berlin's tax rate is $32.31 per $1,000 valuation. If ...
Germany Digest
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Germany has leading role to play in climate change talks
Germany and Mexico co-hosted a global summit on climate change and some significant headway was made, but as the German Environment Minister pointed out, the most important issues remain unresolved. Germany is the regional power in Europe and just as it has played a leading role in dealing with the EU’s financial crisis, it will play a leading role in resolving climate change issues as well.
Environment Minister Norbert Roettgen, commenting on the outcome of the 40-nation summit, told Germany news media that it had been “a contribution to making success possible again”, adding that the importance of the summit’s outcomes were significant because it laid the groundwork or foundation for further agreements on the most important issues. Read more
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