Germany

Bosch to end solar business

BoschBerlin, March 23 : German engineering and technology giant Bosch has announced that it would end its solar business as it had failed to gain competitive position due to "global overcapacity."

Bosch said in a statement Friday that it had decided to cease the manufacture of crystalline photovoltaics products, such as ingots, wafer, cells, and modules at beginning of 2014, reported Xinhua.

Plans to construct a manufacturing facility in Malaysia would also be ended. Bosch will also sell its shares in Aleo Solar AG.

Audi planning to launch R8 V10 Plus in India on April 4

Audi planning to launch R8 V10 Plus in India on April 4The Indian unit of German premium carmaker, Audi has announced its plans to launch its new R8 V10 Plus model in the growing Indian luxury car market.

Volkswagen to recall 384,181 vehicles in China

Volkswagen to recall 384,181 vehicles in ChinaGerman automaker, Volkswagen might be planning to recall a total of 384,181 vehicles in China due to an issue with the gearbox.

China's quality-control agency said that the company will recall 384,181 vehicles that were sold in the country to address the issue with the gearbox of the vehicles. The company’s joint venture unit in China will begin the recall on April 2 of the vehicles that were manufactured or imported into the country between December 2008 and March 2013.

Galatasaray eliminate Schalke from UEFA Champions League

Galatasaray eliminate Schalke from UEFA Champions LeagueBerlin, March 13: Turkish side Galatasaray came from behind to seal Champions League quarterfinal berth in a dramatic encounter thanks to a 3-2 win at Schalke in the round of last sixteen.

Galatasaray progressed into the quarterfinals following a 3-2 win, 4-3 on aggregate, as Umut Bulut destroyed all hopes by pressing Schalke of a late winner in the closing period Tuesday, reports Xinhua.

Amtek Autoto acquire business units of Germany’s Neumayer Tekfor

Amtek Autoto acquire business units of Germany’s Neumayer TekforAmtek Auto Ltd, which is led by Arvind Dham, has indicated that it is planning to acquire business units of Germany's Neumayer Tekfor Group.

The company did not announce the financial details of the deal. Amtek Auto, which is backed by investors like Warburg Pincus and ChrysCapital, has finalised the deal to acquire the business interest of the German firm. The company said in a filing with the Bombay Stock Exchange (BSE) that the business unit of the German auto component firm has annual revenues of around _500 million or $650 million.

Adidas reports net loss of 272 million euros

Adidas reports net loss of 272 million eurosWorld’s second-largest sporting-goods maker, Adidas has said that it has recorded a net loss of 272 million euros or $353 million during the fourth quarter.

The company recorded net loss after it revised growth forecast for the Reebok brand and its profit expectations for 2013. The Herzogenaurach, Germany-based company said that it recorded net loss of 272 million euros after including charges for asset impairment of 265 million euros.

World''s 10 highest hotels revealed

International-Commerce-Centre-Hong-KongHamburg, Mar 6 : The JW Marriott Marquis Dubai, which opened this week, may hold the new record for the world''s tallest hotel building, but there are several other hotels that have breached the 400 metre mark.

All the rooms in the Ritz-Carlton in Hong Kong are to be found on floors with three-digit numbers, and offer a magnificent view of Victoria Harbour and the city''s skyline from well over 400 meters up.

The very highest luxury, in a twofold sense, is enjoyed by guests staying in the 415 sq. m Ritz-Carlton Suite on the 117th floor.

World’s 10 highest hotels revealed

JW-Marriott-Marquis-DubaiHamburg, Mar 1 : The JW Marriott Marquis Dubai, which opened this week, may hold the new record for the world's tallest hotel building, but there are several other hotels that have breached the 400 metre mark.

All the rooms in the Ritz-Carlton in Hong Kong are to be found on floors with three-digit numbers, and offer a magnificent view of Victoria Harbour and the city's skyline from well over 400 meters up.

The very highest luxury, in a twofold sense, is enjoyed by guests staying in the 415 sq. m Ritz-Carlton Suite on the 117th floor.

Munich bids for one of Euro 2020 host cities

Euro-2020Berlin, Feb 22 : Munich has handed its application to the German Football Federation to bid for the 2020 European Championship.

Munich wants to host the final and semifinals, as well as three group games and a knockout match, according to Munich's representatives including Bavarian governor Horst Seehofer and Munich Mayor Christian Ude, Xinhua reports.

"Bavarians have proved on innumerable occasions that they are very tolerant hosts. That's the strongest asset," said Bayern Munich chairman Karl-Heinz Rummenigge.

Munich has been the first applicant bidding to be the country's host city for Euro 2020.

Allianz’s net profit nearly doubles in 2012

Allianz’s net profit nearly doubles in 2012Insurance company Allianz has said that its net profit nearly doubled during the previous year as the company losses in Greece no longer affected its profits. The net profit of the company increased to _5.49 billion or $7.34 billion during 2012 compared to _2.80 billion recorded in the previous year.

Horse meat found in pasta of German supermarket chain

Horse meat found in pasta of German supermarket chainCopenhagen, Feb 19 - German supermarket chain Lidl in Denmark has found traces of horse meat in a pasta dish, the supermarket has announced.

A pasta dish called Combino Penne Bolognese from the manufacturer Copack has been found containing horse meat, reported Xinhua citing Lidl.

Lidl said late Monday that the product is now being withdrawn from the market, and customers who still have the product can get a refund. But the chain emphasised that there is no health risk in connection with the product.

Scientists develop 'intelligent armchair'

intelligent-armchair.Berlin, Feb 16 : German scientists have designed an intelligent armchair that keeps one active and fit while carrying out basic activities.

Researchers have built an armchair that brings the gym right into your living room at the push of a button, reports Science Daily.

For years, the trends have been clear: not only are people getting older but they are also increasingly left to take care of themselves in their old age.  This is why researchers are working on technologies that will assist them in everyday situations later in life.

South Pole turning into waste dump

South Pole turning into waste dumpBerlin, Feb 10 : The South Pole is turning into a waste dump, with leftovers from experimental set-ups slowly decomposing. Mounds of rubbish, discarded oil cans, car batteries and some dangerous chemicals litter the South Pole, according to a report.

"We have a genuine waste problem in the Antarctic," says Hans-Ulrich Peter of the University Jena, Germany, who co-wrote the report.

German makes electric bike-car hybrid

German makes electric bike-car hybridBerlin, Feb 9 : A 36-year old German engineer-businessman wants to reduce toxic emissions from road transportation by fusing together different elements of cars and bicycles. The man has made a prototype hybrid vehicle that seats two people and reaches a top speed of 45 km per hour.

Nicolas Meyer says hybrid vehicles should weigh less than 100 kg and be made out of natural fibers so as to be more environmentally friendly.

He has already made a mountain bike using bamboo sticks and other light construction material. "That is my hobby," he says.

German firm creates hi-tech pen that vibrates on error

German firm creates hi-tech pen that vibrates on errorA German firm has created a new hi-tech pen that vibrates when the user makes a grammatical error or a spelling mistake while writing.

Lernstift has developed the smart pen for younger users to help them learn to write but the product might be accepted by users of all ages. The product is still at the prototype stage and will need some time before it is launched to the public.

Dortmund stun Leverkusen 3-2 in German Bundesliga

Bundesliga-FootballBerlin, Feb 4 : Defending champions Dortmund overpowered second-placed Leverkusen 3-2 in a thrilling seesaw match while Monchengladbach lost to Nuremberg 1-2 to close the 20th round of German Bundesliga football.

Robert Lewandowski ensured the first home loss for Leverkusen and the takeover of second position owing to his decider at the 63rd minute, Sunday night, reports Xinhua.

Clooney pays German diner's bill

George-ClooneyBerlin, Feb 2 : George Clooney surprised a German diner when the actor picked up the latter's bill without even informing him.

The 51-year-old star is shooting for "The Monuments Men" in Berlin and went for dinner with a few friends. A nearby diner in the same restaurant, Oliver Hermann, then asked for his cheque, only to be informed by the waiter that Clooney had paid his $136 bill already.

Hermann said the waiter explained that the actor feared he and his party had disturbed him as they were too loud, so opted to pay for the meal on his behalf by way of apology, reports femalefirst. co. uk.

Schalke sign Michel Bastos on loan

Michel-BastosBerlin, Jan 30 : Bundesliga team FC Schalke signed Brazilian international Michel Bastos on an 18-month loan from French side Lyon, the club said on its official homepage.

The Brazilian international, and Lyon midfielder Michel Fernandes Bastos joined the "Royal Blues" on loan until June 2014 after he passed a medial check up Tuesday, reports Xinhua.

"We are happy that Michel joins us. He is an experienced player on the international level with special skills. He can immediately help us and is eligible to play at the UEFA Champions League," Schalke general manager Horst Heldt said on their official homepage.

Did 8th century gamma ray burst hit earth?

Gamma-Ray-BurstBerlin, Jan 22 : A gamma-ray burst may have caused an intense blast of high-energy radiation that hit the Earth in the eighth century, report scientists from the Astrophysics Institute of the University of Jena, Germany.

In 2012, scientist Fusa Miyake announced the detection of high levels of the isotope Carbon-14 and Beryllium-10 in tree rings formed in 775 CE, suggesting that a burst of radiation struck the Earth in the year 774 or
775.

RIM CEO talks about possible licensing deals and asset sales; stock jumps 10%

RIM CEO talks about possible licensing deals and asset sales; stock jumps 10%During the course of a Monday interview with German newspaper Die Welt (The World), Research in Motion's CEO Thorsten Heins hinted at the possibility of licensing deals and asset sales; thereby leading to an over 10 percent jump - to CAN$17.41 - in the RIM stock on the Toronto Stock Exchange.




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