Berlin - Germany is to partly privatize its rail system on October 27, with investors to be offered just under one quarter of the company running Deutsche Bahn trains, senior executives said Friday.
The tracks and stations will not be part of the package.
German investors will be able to subscribe from October 13 onwards to buy part of the 24.9-per-cent stake in a company named DB Mobility Logistics. An international road show to explain the deal to institutional investors begins the same day.
Hartmut Mehdorn, chief executive of Deutsche Bahn, said, "Despite the strained situation on international financial markets, we are entering the critical phase of our flotation with confidence."
Berlin - The head of a German public bank, KfW, has described how staff frantically snatched 20 billion euros' worth of planned swaps away from Lehman Brothers on Monday last week, the day the US investment bank failed.
Chief executive Ulrich Schroeder, 56, was testifying behind closed doors to a parliamentary inquiry in Berlin, but participants leaked details to the press.
The legislators were investigating how one future-trading settlement went awry, with KfW transferring cash to Lehman and receiving nothing in return a week ago.
Berlin- A memorial went up Wednesday in Berlin to a German, Georg Elser, who tried single-handedly to halt the Second World War in November 1939 by blowing up Nazi dictator Adolf Hitler and his top aides.
Hitler and his friends unexpectedly left the Buergerbraeukeller beer-hall in Munich just before the explosion, which killed eight people. Elser was arrested, tortured and murdered at Dachau by the Nazis six years later.
Berlin - Germany is to double the scale of some of its police training activities in Afghanistan, officials in Berlin said Wednesday after a meeting of Chancellor Angela Merkel's cabinet.
Up to 120 German police personnel would be available to serve with EUPOL Afghanistan, the European Union training mission. At the moment, 44 Germans, chosen from a "pool" of 60 available German police, serve with EUPOL.
The Berlin foreign and interior ministries said Germany's own direct aid scheme for the Afghanistan police would also expand.
A factory making lithium-ion batteries for hybrid- drive cars opened in Germany Wednesday, with owner Continental saying it was the first in the world to mass-produce the storage cells.
Smaller lithium-ion (Li-ion) rechargeable batteries for laptop computers and other uses are common round the globe, but most fuel- saving hybrid cars use an older technology, nickel metal hydride (NiMH) batteries.
Berlin, September 24 : Molecular biologists at the Max Planck Institute for Developmental Biology in Tubingen, Germany, have discovered how the growth of leaves and the aging process of plants are coordinated, which can be referred to as the formula for longer plant life.
In their study, now published in PLoS Biology, scientists at the institute have shown that certain small sections of genes, so-called microRNAs, coordinate growth and aging processes in plants.
These microRNAs inhibit certain regulators, known as TCP transcription factors. These transcription factors in turn influence the production of jasmonic acid, a plant hormone.
Berlin - The head of a German public bank, KfW, has described how staff frantically snatched 20 billion euros' worth of planned swaps away from Lehman Brothers on Monday last week, the day the US investment bank failed.
Berlin- A memorial went up Wednesday in Berlin to a German, Georg Elser, who tried single-handedly to halt the Second World War in November 1939 by blowing up Nazi dictator Adolf Hitler and his top aides.
Berlin - Germany is to double the scale of some of its police training activities in Afghanistan, officials in Berlin said Wednesday after a meeting of Chancellor Angela Merkel's cabinet.
A factory making lithium-ion batteries for hybrid- drive cars opened in Germany Wednesday, with owner Continental saying it was the first in the world to mass-produce the storage cells.
