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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...

British relatives of Nazi victims seek German passport as Brexit looms

19 October 2018 | 0 comments

British descendants of refugees who fled Nazi Germany, including many Jewish families, are racing to have their German nationality restored so they can remain EU citizens after Brexit, official data showed...

Germany orders recall of 73,000 Opel diesels

19 October 2018 | 0 comments

Germany's KBA transport authority said Friday it had ordered carmaker Opel to recall 73,000 diesel vehicles worldwide that were configured to fool regulatory emissions tests.The authority "ordered an...

Turkey to host four-way Syria summit Oct 27 in Istanbul

19 October 2018 | 0 comments

Turkish President Recep Tayyip Erdogan will host a summit on the Syria conflict with the leaders of Russia, Germany and France on October 27 in Istanbul, his spokesman said Friday, the first such gathering...

Over 60 world leaders to attend Paris WWI commemorations

18 October 2018 | 0 comments

More than 60 world leaders, including US President Donald Trump and Russian counterpart Vladimir Putin, will travel to Paris next month for commemorations of the end of World War I a century ago, French...

European leaders' beer summit as Britain dines alone

18 October 2018 | 0 comments

Theresa May knew even before she got to Brussels that she wouldn't be invited to dinner with her European opposite numbers, who wanted to discuss her Brexit plan without her.But the British premier can't...

Hungary's Orban to back German MEP Weber for EU top job: official

18 October 2018 | 0 comments

Hungary's Prime Minister Viktor Orban will back a German MEP who once favoured EU legal action against Hungary as a candidate to succeed EU Commission chief Jean-Claude Juncker, a cabinet chief said Thursday.His...

Massive tax scam cost Europe 55 bln euros: report

18 October 2018 | 0 comments

A gigantic years-long tax scam saw banks drain 55 billion euros ($63 billion) from national treasuries in Europe, a far larger sum than previously thought, media from across the continent reported Thursday.The...

Linde shares soar on report of US ready to approve Praxair merger

18 October 2018 | 0 comments

Shares in German industrial gases maker Linde soared Thursday on a report that US anti-trust regulators were ready to approve its mega-merger with Praxair, removing a final obstacle to the $80-billion...

SAP 'firing on all cylinders' with higher 2018 targets

18 October 2018 | 0 comments

German software giant SAP lifted its full-year forecast Thursday, as executives said swelling growth in cloud computing business helped it to a strong third quarter.Net profits at the group were down...

Two ex-Deutsche Bank traders convicted in Libor scandal

17 October 2018 | 0 comments

Two former Deutsche Bank traders were convicted of fraud on Wednesday for their roles in manipulating a benchmark interest rate, the US Justice Department announced.The convictions of Michael Connolly,...

Suspect in Bulgarian journalist killing extradited from Germany

17 October 2018 | 0 comments

A man suspected of the rape and murder of Bulgarian television journalist Viktoria Marinova was extradited from Germany to Bulgaria on Wednesday, officials said."He was transferred (and is) on Bulgarian...

279 White Helmets leave Jordan to resettle in West

17 October 2018 | 0 comments

Jordan said Wednesday a group of 279 Syrian rescue workers has left the kingdom for resettlement in Western countries three months after they were evacuated from Israel.The kingdom announced on July 22...

German hostage drama 'likely a terrorist act': prosecutors

17 October 2018 | 0 comments

German federal prosecutors took over the investigation into an arson attack and hostage-taking at Cologne's train station Wednesday, saying there were enough indications to suggest a terrorist motive.A...



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