Analysts expect German banks to cope with Lehman’s demise
German economists and banking experts said on Tuesday the world’s third largest economy would likely cope fairly well with the fallout from the demise of US investment bank Lehman Brothers.
Day: September 16, 2008
Steinbrück sees Germany weathering global financial crisis
Despite dark clouds on the horizon, Finance Minister Peer Steinbrück said on Tuesday Germany was well positioned to weather the financial crisis that brought down US investment bank Lehman Brothers.
Scientists discover stunning red fluorescence in reef fish
Scientists at the University of Tübingen have discovered that reef fish communicate with a spectacular red fluorescence – a challenge to the previous notion that fish were unable to process the colour.
Porsche gains control of Volkswagen
German sports car maker Porsche said it had raised its stake in Volkswagen to 35 percent Tuesday, effectively winning control of Europe's biggest automaker.
German man protests legal fine by paying 62 kilos in coins
A man in Wuppertal decided to protest legal fines by paying with 29,292 one-cent coins into the county court mail box, the Westdeutsche Zeitung reported on Tuesday.
Beckstein hammered for drink driving comments
Bavaria's state premier Günther Beckstein on Tuesday came under fire for saying that driving after drinking two litres of beer at the upcoming Oktoberfest is perfectly acceptable.
Body of missing Gorch Fock sailor found
The body of a German sailor missing at sea since early September was recovered on Monday evening, the Kiel state prosecutor's office on Tuesday.
Berlin sees ‘lack of cooperation’ on Iran’s nuclear programme
Germany's foreign minister expressed disappointment over Iran's "lack of cooperation" with the West over its nuclear programme during talks with his Iranian counterpart, sources said on Tuesday.
Merkel wishes she could be a gymnast
German Chancellor Angela Merkel has admitted she would like to be a gymnast in an interview for Frau im Speigel women's magazine.
Earthquake hits Bavaria
A mild earthquake hit the Karwendel region of the Alps in the German state of Bavaria on Monday evening.
Health insurers reject treating smokers as sick people
Health insurance companies have rejected a suggestion by the German Medical Association that smokers be treated as sick people.