Merkel Advice Greece to have Disciplined Budget
Submitted by Harkamal Singh on Sun, 03/21/2010 - 09:08In order to suppress the rumors regarding the ongoing tiff between German Chancellor Angela Merkel and her Finance Minister, the former stated that budget with intense disciplinary measures was needed budget as she backs the European Union aid to Greece.
Review of the 2010 Volkswagen Transporter, Multivan and Caravelle
Submitted by Aaron Ross on Sat, 03/20/2010 - 16:35It looks like the Volkswagen Commercial Vehicles brands are now adopting the position of technological leadership in their own particular sectors. Three basic version of the automaker are now being presented with a new and updated design, and these seem to be following the company's new design DNA.
Deutsche Telekom To Rejuvenate Revenue Through New Offerings
Submitted by Sarabjit Heera on Wed, 03/17/2010 - 21:55Germany's incumbent telecom provider Deutsche Telekom wants to make up for flagging revenues in its traditional businesses by expanding its IT offerings to include mobile internet along with cloud computing, IPTV, web hosting and enabling Bluetooth in all devices.
Another Fall in Germany's Economic Sentiment - Impact on Recovery?
Submitted by John Binz on Tue, 03/16/2010 - 23:54When a country is trying its best to shake off the recession and the terrible hurt that was experienced over the pat 2 years, a news like another decline in economic sentiment comes as a huge blow. The same thing recently happened to Germany when it was officially revealed that the economic sentiment across the country once again managed to fall over the month of March.
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33% Management Seats to be Filled By Females under Deutsche Telekom’s Women Quota
Submitted by Sarabjit Heera on Tue, 03/16/2010 - 22:25Female employees at Deutsche Telekom AG, the most prominent telecommunication company in Europe, are getting their women day's gift a little late as the company plans to commence a quota for women in management with an intention of having at least 30% upper and middle management positions grabbed by females by 2015. It has only 13% of them as reported in 2008.
Air Berlin Reduces Boeing 787 Aircraft Orders to 15
Submitted by Sarabjit Heera on Tue, 03/16/2010 - 21:55The German airline group Air Berlin Plc. has decided to reduce its orders for 25 Boeing Co. 787 aircraft to 15, in view of the changing market scenario.
By removing the order for 10 aircrafts, the company saved an amount of $1.7 billion.
ZEW Reports Sloth in German Recovery
Submitted by Aaron Ross on Tue, 03/16/2010 - 21:47As per analysis report submitted by ZEW, this month, the recovery in the German economy has been suffering a consistent sloth. However, Francis Bray, the chief analyst at Dow Jones, said that the speed may rise in the upcoming months given the value of euro hitting the $1.40 mark.
The report presented by ZEW, involved the data collected from over 289 German analysts.
Deutsche Bank Offers Pre-Tax Profit Based Compensation to Board Members
Submitted by Harkamal Singh on Tue, 03/16/2010 - 21:39The Deutsche Bank in Germany released its annual report on Tuesday, proclaiming that it had increased the salaries and bonuses of its employees in 2009, in view of its remarkable profits obtained during the year.
Deutsche's corporate and investment bank witnessed a pre-tax profit worth 4.3 billion Euros in 2009.
Mercedes-Benz SLK 55 AMG Powered to Unveil 565bhp - Courtesy, VÄTH
Submitted by Sarabjit Heera on Fri, 03/12/2010 - 18:13VÄTH has injected a V8 and a supercharger into Mercedes Benz's SLK55 AMG, making it a monster of a small roadster. SLK55 AMG has been equipped with an enlarged V8 engine under its hood, boring out 355bhp/510Nm.
German Stocks Register a Fall
Submitted by Sarabjit Heera on Tue, 03/09/2010 - 20:09German stocks registered a fall as Deutsche Post AG posted a fourth-quarter loss and full-year earnings that failed to match estimates and analysts recommended selling Commerzbank AG shares.
DAX Index futures expiring in March plunged by 0.1 percent to 5,866.50 as of 8:13 a. m. in Frankfurt. The benchmark DAX Index closed little changed at 5,875.91 yesterday.
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