German companies doing ‘astoundingly’ well

German companies doing ‘astoundingly’ well

Germany’s biggest companies listed on the Dax stock index are doing “astoundingly” well, newspaper Die Welt reported Saturday.

Dresden to lose world heritage status

Dresden to lose world heritage status

Dresden will almost certainly lose its UNESCO world heritage site status due to plans to build a bridge over the Elbe River, according to a news report Saturday.

Qatar close to buying Porsche stake

Qatar close to buying Porsche stake

The Gulf emirate of Qatar is close to buying at least a 25 percent stake in struggling automaker Porsche, according to German media reports Saturday.

Memorial service held for German Air France crash victims

Memorial service held for German Air France crash victims

The 28 Germans who died when an Air France jet crashed in the Atlantic were remembered at a memorial service in Düsseldorf Saturday morning.

Germans more pessimistic about economy than economists

Germans more pessimistic about economy than economists

A third of Germans think the economy won’t recover before the second half of 2010, well after economists believe the recession will have ended, according to a new poll.

UNESCO strife costs Dresden funds

UNESCO strife costs Dresden funds

Dresden’s plans to build a bridge over the Elbe river have endangered the Saxon capital’s UNSECO world heritage status. Now the city may also lose government funds due to the dispute, the daily Sächsische Zeitung reported Saturday.

Track and field event draws Olympic stars to Berlin

Track and field event draws Olympic stars to Berlin

Olympic champions Yelena Isinbayeva and Kenenisa Bekele are set to join in the hunt for the Golden League's one-million-dollar jackpot when the series starts at Berlin's Olympic Stadium on Sunday.

Over 13,000 expected at Sylt beach party

Over 13,000 expected at Sylt beach party

What was supposed to be a small gathering has turned into a mega-event, with thousands of partyers expected to gather Saturday night on the northern German island of Sylt.