Germany

Germany makes funds available for Afghan reconstruction

Berlin - The German government has made 70 million euros (110 million dollars) available for reconstruction projects in Afghanistan next year, Development Minister Heidemarie Wieczorek-Zeul said We

Adidas to take Wal-Mart to court for alleged copying

Herzogenaurach, Germany  - German sportswear maker Adidas said Wednesday it had initiated legal proceedings against US retailer Wal-Mart in relation to the selling of shoes bearing similar markings

Daimler to build new car factory in Hungary

Stuttgart  - Giant German carmaker Daimler AG is planning a new car factory in Hungary to build compact models of its flagship Mercedes Benz brand, the company announced Wednesday.

New VW Golf at Paris Motor Show, roadster planned

Stuttgart, Germany  - The new sixth generation Volkswagen Golf will be unveiled at the Paris Motor Show in October, Germany's auto-motor-sport magazine reports.

Cars getting cleaner, eco-test finds

Munich  - Cars are getting cleaner with most manufacturers implementing measures to reduce exhaust gas emissions, a five-year test by Germany's automobile association ADAC has found.

Biggest German TV group loses CEO Guillaume de Posch

Munich - Guillaume de Posch, the chief executive at the biggest of Germany's four main television groups, ProSiebenSat. 1, resigned Tuesday in an unexpected move that sent the group's shares lower.

The group is controlled by two private-equity investment companies, KKR (Kohlberg Kravis Roberts) and Permira, and has 3.5 billion euros (5.4 billion dollars) in debt after its takeover last year of Swedish based TV group SBS.

ProSiebenSat. 1 said de Posch was leaving at his own wish, effective at the end of this year, as it was the right time to move on, but gave no reason for his departure. He has run the group for the past four years.

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