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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...

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...

Norway apologises to mistreated war-time 'German girls'

17 October 2018 | 0 comments

Norway on Wednesday officially apologised for the "shameful treatment" of Norwegian women targeted for reprisals for their intimate relations with German soldiers during the country's war-time occupation.Between...

Outcry in Germany over homage to Rommel

17 October 2018 | 0 comments

A senior official at Germany's defence ministry has sparked an uproar with a tweet commemorating the death of Erwin Rommel, a favourite general of Adolf Hitler who was later involved in a plot to kill...

ECB warns EU must adapt to ageing populations

17 October 2018 | 0 comments

European governments must make changes now to cushion the effects of an ageing population or risk grave economic harm, a top European Central Bank official said Wednesday."While today each pensioner is...

New emission tests brake EU car sales in September

17 October 2018 | 0 comments

Car sales slumped across Europe in September, industry data published Wednesday showed, with the hangover from a sales binge before new emissions tests came into force knocking Volkswagen out of its traditional...

Merkel says 'still a chance' for deal on Brexit

17 October 2018 | 0 comments

German Chancellor Angela Merkel said Wednesday that while there was "still a chance" for an accord with Britain to leave the EU, Berlin was preparing for the possibility of a no-deal Brexit."There is...

Syrian in Germany hostage drama had mental problems: police

16 October 2018 | 0 comments

A Syrian man who launched an arson attack and took a woman hostage at a German train station was an unemployed refugee with psychological problems and a history of street offences, police said Tuesday.Federal...

France, Germany slam Poland over court reforms

16 October 2018 | 0 comments

France and Germany on Tuesday condemned Poland for pressing ahead with controversial changes to its supreme court despite EU calls for restraint.Polish President Andrzej Duda last week appointed 27 new...

Israeli teen fined for urinating on Auschwitz memorial

16 October 2018 | 0 comments

A Polish court has fined an Israeli teenager who admitted to urinating on a memorial at the site of the former Nazi death camp Auschwitz-Birkenau, a court spokeswoman told AFP on Tuesday.The 19-year-old...

Audi to pay mega fine in VW's latest dieselgate fallout

16 October 2018 | 0 comments

Auto giant Volkswagen cleared a new hurdle in its "dieselgate" scandal Tuesday, paying a hefty fine to close a German investigation into subsidiary Audi, but the group is not yet in the clear over its...



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