Search Results for: Germany
10 results out of 3221 results found for 'Germany'.
RECESSION STILL HITTING DUTCH DRIVERS HARD
BY MINDY RAN
IT could be a workingman’s cafe just about anywhere: pool tables, basic food where everything is served with chips, TV permanently tuned to football. Except for one thing: this is one of two big truck stops in the Netherlands, nestled between the cross points of two main motorways in the centre of the country.…
EIB PLANS INVESTMENT IN INDIAN BRANCH OF VW
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has announced it is lending Euro 100 million to Volkswagen India Private Ltd, a subsidiary of Germany’s Volkswagen Group, to part-finance expansion of its new car manufacturing facility in the western India state of Maharashtra.…
OPEL DEAL UNDER INTENSE POLITICAL PRESSURE OVER SUBSIDY CONCERNS
BY ALAN OSBORN
THE SALE of General Motors’ European auto-manufacturing subsidiary Opel to a Canadian-Austrian-Russian consortium is developing into a bitter dispute over how job losses arising from the deal are allocated between European Union (EU) member countries and who provides the funds for Opel’s restructuring.…
EUROPE: Brussels backs new standard for latest wireless technology
By Alan Osborn
Technology researchers will benefit from a new research investment of ?18 million from the European Commission, designed to reinforce its support for the LTE (Long Term Evolution) standard for the fourth generation of wireless telecommunications, in preference to the alternative WiMax technology.…
EU ROUND UP - TURKEY TO JOIN ENERGY EU
BY KEITH NUTHALL
TURKEY – the lynchpin of European Union (EU) efforts to secure energy independence from Russia – has started negotiations to join the EU’s Energy Community. The organisation currently extends EU energy legislation to non-EU Balkans countries, but there are plans to add Moldova, Ukraine and Turkey to its membership.…
OPEL DEAL UNDER FIRE FROM MANDELSON
BY KEITH NUTHALL
THE WHITE knight deal – sweetened by around Euro 4.5 billion (US$6.5 billion) in German government subsidies – to transfer control of Opel-Vauxhall to a Canadian-Russian consortium, is under fire. Britain’s business secretary Lord Mandelson has advised that alternative agreements are sought to save the ailing GM-controlled car maker, calling for a "commercially-based outcome rather than one determined by political intervention and subsidies".…
TWISTY MOUNTAIN ROADS AND COLD WINTERS ADD CHALLENGES FOR SWISS TRUCKING
BY SHABTAI GOLD
THE CREW over at Top Gear, the BBC petrol-lovers show, recently declared that the Switzerland part of the Alpine mountain range has some of the best roads in the world for driving. But they were in top sports cars, costing a fortune and hardly designed for bringing farmers’ produce to the supermarkets.…
EUROPEAN COMMISSION REAPPOINTMENT REMAINS UNCLEAR WITH LISBON TREATY RATIFICATION ON HOLD
BY KEITH NUTHALL
IT is a little like the election of a Pope. The five-yearly reappointment of the European Commission – now underway – is shrouded in complex procedure and murky backroom deals. Closed discussions between Europe’s power-brokers in Brussels offices, embassies and national capitals divide up the available positions – currently there are 27: one per member state.…
SOUTH KOREA COSMETICS - A BOOMING MARKET, BUT A LOCALLY-SPECIFIC ONE
BY ANDREW SALMON
AFTER passing the fortress-like medieval gate of Namdaemun, visitors enter central Seoul’s traditional shopping quarter: a jumbled maze of stalls and alleyways. A 15-minute walk through the raucous bustle of this 600-year old market, leads to its modern equivalent: The neon-lit, pedestrianised square mile of Myeong Dong.…
BATTLE LOOMS OVER SUCCESSION TO AGRICULTURE COMMISSIONER FISCHER BOEL
BY KEITH NUTHALL
THE ANNOUNCEMENT this weekend by European Union’s (EU) agriculture Commissioner Mariann Fischer Boel that she is standing down has sparked intense speculation on her potential replacement. The white-haired 66-year-old Dane has been something of a surprise star in the current crop of rather uninspiring Commissioners: she has handled a tough brief with efficiency and diplomacy.…