Latest Berlin News
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Germany pushes for weaker EU emissions law
Brussels - Senior members of the German government have warned EU member states that German automakers could scale back or scrap production plans in their countries unless they support weakened carbon emissions rules, according to diplomatic ...
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Kabel Deutschland Sale Will Not Improve German Broadband Speeds
bidding to acquire German cable operator Kabel Deutschland . Welcomed as sector consolidation at EU-level, the deal would do little to spark much needed broadband investment as the acquirer would access existing broadband infrastructure that requires little to no upgrades. Germany aims to reach at least 50 M/bits broadband speed in all 40 million households by 2018. This target goes beyond the ...
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US presidents and Berlin
Berlin has been getting ready for Obama. The second-term US president will give a speech in the symbolic city on Wednesday. Barack Obama is still popular with Berliners, but not with the same rapture as in 2008, before his historic first entry into the White House. Then, Obama said: ';This city, of all cities, knows the dream of freedom.'; Berlin has been inspiring American ...
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Fitch Affirms Retail Consumer CP Germany 2011-1
Fitch: Spanish Floor Clause Ruling May Reduce Excess Spread A recent Spanish Supreme Court ruling could cause lenders to stop applying floor clauses that set minimum interest rates in mortgage contracts, and so reduce excess spread in Spanish RMBS transactions, Fitch Ratings says. The presence of interest rate floors in mortgage contracts has bolstered excess spread during the recent period of ...
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UPDATE 1-Banks hired for inaugural German Federal-regional bond
Tue Jun 18, 2013 10:34am EDT (Adds background, bank quote) By John Geddie LONDON, June 18 (IFR) - Five banks have been hired on Tuesday to manage the first ever joint bond issue between the German Federal Republic and its regions, with the deal expected to come to market as early as next week. The Bund-Laender-Anleihe bond, or so-called Deutschland-Bond, has been mandated to Barclays, ...
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Shares in Germanys biggest cable company rise after Liberty Global enters takeover battle
BERLIN -- Shares in Germany's biggest cable operator are up after Kabel Deutschland received a preliminary takeover proposal from U.S. firm Liberty Global. Kabel Deutschland confirmed Liberty Global PLC's approach Tuesday, only days after British rival Vodafone PLC said it was also in early takeover talks with the company. London-listed Liberty Global -- a cable TV and Internet ...
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US presidents and Berlin
10/04/2013 19:25 CET Berlin has been getting ready for Obama. The second-term US president will give a speech in the symbolic city on Wednesday. Barack Obama is still popular with Berliners, but not with the same rapture as in 2008, before his historic first entry into the White House. Then, Obama said: ';This city, of all cities, knows the dream of freedom.'; Berlin has been ...
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US presidents and Berlin
10/04/2013 19:25 CET Berlin has been getting ready for Obama. The second-term US president will give a speech in the symbolic city on Wednesday. Barack Obama is still popular with Berliners, but not with the same rapture as in 2008, before his historic first entry into the White House. Then, Obama said: ';This city, of all cities, knows the dream of freedom.'; Berlin has been ...
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Chelsea agree deal for Germany striker
Chelsea this afternoon confirmed the signing of Germany forward Andre Schurrle from Bayer Leverkusen, subject to a medical.The 22-year-old has long been a target for the Blues and becomes the first transfer since the appointment of new manager Jose Mourinho in what is reported to be an 18m deal.A statement on the club website, www.chelseafc.com, read: "Chelsea Football Club and Bayer 04 ...
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Air Berlin pilots mull work stoppage to push for higher pay
Pilots at Air Berlin, Europe's third-biggest discount carrier, plan a short-term strike sometime in coming days in a push for higher pay, arguing they are not the ones to blame for losses at the company. The carrier should make up for wages that lag behind the average at competitors by at least 10 per cent, Markus Germann, chief negotiator for the Vereinigung Cockpit pilots union, said. ...
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Lufthansa eyes Airbus A350 Boeing 787 and 777X
Boeing 777X as contenders for its mid-sized international fleet, and is likely to make the call – and place a massive order – by year's end. The timeframe for signing on the dotted line is "still probably this year, it’s quite imminent" Lufthansa CEO Christoph Franz ...
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German investor sentiment improves think tank claims
German investors are confident their country keeps moving towards an economic recovery based on strong domestic demand, a leading think tank has said. Its latest sentiment barometer pointed slightly ...
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Berlin students to live in cargo containers
As the cost of housing continues to soar in the German capital, one Berlin investor has found a solution for the rising number of students - put them in ...
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JFKs Ich bin ein Berliner at 50
>Editor's note: Nicolaus Mills is professor of American studies at Sarah Lawrence College and author of "Winning the Peace: The Marshall Plan and America's Coming of Age as a Superpower. "(CNN) -- The White House has announced that on Wednesday, at the invitation of German Chancellor Angela Merkel, President Obama will speak in Berlin at the city's landmark Brandenburg Gate. The president's ...
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Trade Talks Deal Could See German Exports to US Double
The EU and the US are set to start negotiations on a trans-Atlantic free trade agreement in July. A deal could have huge benefits for Germany and the rest of the EU. But there would also be losers according to a new ...
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German Investor Sentiment Improves As Recovery Gains Steam
Germany's investor confidence increased more-than-expected in June after staying broadly unchanged in the previous month, signaling the prospects for a further pick up in the recovery that started at the beginning of the year.Data from a survey conducted by the Centre for European Economic Research/ZEW showed Tuesday that the Indicator of Economic Sentiment climbed to a three-month high of ...
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Liberty Global makes bid for German cable TV firm
Kabel Deutschland - Germany's biggest cable operator – has confirmed it has received a preliminary approach from Liberty Global Plc, which owns UPC in Ireland. According to reports in The Financial Times, the company has put forward a €7.5 billion bid for the company. Kabel Deutschland did not provide any details of the proposal. A spokesman for Liberty Global confirmed that ...
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German NGO launches petition to stop labeling of settlement products
BERLIN - A German NGO started a grassroots online petition last week to urge Chancellor Angela Merkel not to move forward with a labeling system for products originating in the West Bank because of the adverse consequences it would have on Israel.The pro-Israel German Media Watch organization started the petition, titled "Call against the labeling of Israeli merchandise," with the ...
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Germany ZEW Survey shows mixed results
- US President Obama: Fed Chairman Bernanke has stayed on longer than he originally planned - Fitch analyst Colquhoun: Fed likely to be the first major central bank to begin tightening - FT's Harding: To focus on how Bernanke modifies reference to QE reduction in "next few meetings" - RBA: AUD currency has fallen noticeably, though remained high given decline in exports - Large ...
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Obama schedule for Tuesday June 18
U.S. President Barack Obama is followed by U.S. First Lady Michelle Obama and their daughter Malia walk to Marine One as they depart the White House in Washington on June 16, 2013. Obama is traveling to Northern Ireland to take part in the G8 Summit. UPI/Joshua ...
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German investor sentiment edges up
(1 hr 2 mins ago) German investor sentiment edged up slightly in June, with hopes for a gradual recovery in the second half of the year, the ZEW economic institute said today. ';The financial market experts are sticking to their assessment,'' the institute said. ';The German economy is likely to gain momentum in the second half of 2013. The survey results indicate, however, ...
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John Malones Liberty Global Joins Bidding for German Cable Company
Kabel Deutschland Drops Public Channels as German Cable War Heats Up The German company on Tuesday confirmed the offer that was first reported by ...
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German prosecutors probe whether neo-Nazi group was also responsible for 1999 bomb attack
BERLIN - German prosecutors are investigating whether three alleged neo-Nazis suspected of killing 10 people between 2000 and 2007 were responsible for a bomb attack not previously linked to the group. A spokesman for the Federal Prosecutors' Office says the probe was sparked by a defendant's comments during the trial of the group's surviving member, Beate Zschaepe, and four men ...
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German economy to pick up in H2 albeit slowly
economy to pick up speed in the second half of the year, albeit at a slow pace, the head of the ZEW think tank said on Tuesday. "The financial experts stick to their assessment: the German economy is likely to pick up speed in the second half of 2013," said ZEW president Clemens Fuest. "However, the results of the current survey indicate that the economy will improve rather ...
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Peter to miss out for Germany
"I'm unbelievably disappointed," said Germany defender Babett Peter after she became the sixth player to be ruled out of her side's UEFA Women's EURO 2013 campaign through ...
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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