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Driverless hover-taxis to take off in Singapore

24 October 2018 | 0 comments

Test flights of a driverless hover-taxi will take place in Singapore next year, a German aviation firm said, the latest innovation to offer an escape from Asia's monster traffic jams.Millions of commuters...

Ecuador to rally banana exporters in bid to defend prices

24 October 2018 | 0 comments

Ecuador, the world's largest banana exporter, is urging Latin American producers to fight German supermarket chain Aldi's bid to pay one euro less per case in 2019."We must organize a front of all producing...

Eurozone banks report easier lending as stimulus nears end

23 October 2018 | 0 comments

Banks in the 19-nation eurozone reported easing access to credit between July and September, European Central Bank data showed Tuesday as it nears the end of a massive economic stimulus programme.Lenders...

BMW recalls over 1 mn cars over exhaust system fire risk

23 October 2018 | 0 comments

German high-end carmaker BMW said Tuesday it would recall more than one million additional diesel cars, citing a problem with the exhaust system that "in extreme cases can cause a fire"."In some diesel...

Bayer stock slides on shock Monsanto cancer ruling

23 October 2018 | 0 comments

Shares in German chemicals and pharmaceuticals giant Bayer tumbled in morning trade Tuesday after a US court confirmed a previous cancer damages ruling against subsidiary Monsanto over its herbicide Roundup.Shares...

US regulators require Linde, Praxair to divest holdings to allow massive me...

22 October 2018 | 0 comments

US regulators on Monday gave the go-ahead for US Praxair Inc and German Linde AG to create the world's largest industrial gas supplier, but will require them to divest nine business units.The US Federal...

Siemens CEO pulls out of Saudi conference

22 October 2018 | 0 comments

The chief executive of German industrial conglomerate Siemens Joe Kaeser said Monday he would withdraw from a Saudi investment summit, after days of media and political pressure over the murder of journalist...

Germany won't export arms to Saudi 'in current situation': Merkel

21 October 2018 | 0 comments

German Chancellor Angela Merkel said Sunday that Berlin would not export arms to Saudi Arabia for now in the wake of dissident journalist Jamal Khashoggi's violent death."I agree with all those who say...

'Urgent need for clarification' on Khashoggi death: UK, France, Germany

21 October 2018 | 0 comments

Britain, France and Germany on Sunday said Saudi Arabia must clarify how dissident journalist Jamal Khashoggi died inside its Istanbul consulate, and its account must "be backed by facts to be considered...

Russia warns Trump over 'dangerous' plan to quit nuclear treaty

21 October 2018 | 0 comments

Moscow on Sunday warned US President Donald Trump that his plan to ditch a Cold War-era nuclear weapons treaty with Russia was a dangerous step.Ex-Soviet leader Mikhail Gorbachev, who signed the original...

Slovakia may 'freeze' ties with Vietnam over kidnapping: ministry

21 October 2018 | 0 comments

Slovakia may freeze diplomatic relations with Vietnam if allegation that it used the EU country to secretly transport a Vietnamese oil executive back to Hanoi are confirmed, a Slovak foreign ministry...

Germany urges global minimum tax for digital giants

20 October 2018 | 0 comments

German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal regime for multinationals as Europe looks to levy tax notably on US tech giants."We need...

Merkel says Khashoggi killers must 'answer for their actions'

20 October 2018 | 0 comments

German Chancellor Angela Merkel on Saturday said those behind Saudi journalist Jamal Khashoggi's death must be brought to book and called for "transparency" from Riyadh."Those responsible must answer...

Daimler cuts 2018 profit forecast on diesel woes

19 October 2018 | 0 comments

German luxury automaker Daimler on Friday again cut its profit outlook for 2018, warning that costs related to polluting diesel engines would drag down earnings.The Mercedes-Benz maker, which this year...

Water woes as drought leaves Germany's Rhine shallow

19 October 2018 | 0 comments

Months of drought have left water levels on Germany's Rhine river at a record low, exposing a World War II bomb and forcing ship operators to halt services to prevent vessels from running aground.The...



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