Germany

German bank robbed with help of 100-foot tunnel into safe room

Berlin-bank-robberyBerlin, Jan 15 : A Berlin bank was robbed when robbers dug a 100-foot tunnel, which led into the bank''s safe deposit room from an underground garage, and escaped with their loot.

The robbers set a fire in the tunnel after they made their escape, to cover up their tracks, reports the Telegraph.

The break-in was noticed on early Monday when a security guard noticed smoke coming from the deposit room and raised an alarm.

Nuri Sahin returns to Borussia Dortmund

/Nuri-SahinBerlin, Jan 12 : Reigning Bundesliga champions Borussia Dortmund brought back Turkish midfielder Nuri Sahin on long-term loan following a disappointing spell at Real Madrid, the club announced.

Nuri Sahin left Borussia Dortmund after the title-winning season 2010-2011 to sign a contract with Real Madrid until 2017, reports Xinhua.

However, he made little impact at Real Madrid, as he was unable to break into the starting lineup due to injuries. In addition the 24-year-old Turkish international was loaned out to English club Liverpool where he became a bench warmer due to limited playing time.

German club Wolfsburg signs Ivan Perisic

s/Ivan-Perisic.Berlin, Jan 7 : Ivan Perisic joins Wolfsburg from league rival Dortmund on a four-and-a-half-year deal until June 2017, the football club said in an statement.

The 23-year-old Croatian international midfielder leaves Dortmund for Wolfsburg, as he was not happy with his role as a bench warmer at the Dortmund, Xinhua reports.

At his two years with the "Borussen", Perisic made only 42 appearances to score nine goals, unable to earn a position in Juergen Klopp's starting line up.

Geometric buys 3Cap Tech for 11 million euros

Geometric buys 3Cap Tech for 11 million eurosMumbai-based software services firm Geometric has confirmed that its European division has acquired German firm 3Cap Technologies for 11 million euros (Rs 79.19 crore).

Of the Euro 11 million, Euro 7.5 million will be paid up front, while the balance payments will be subject to earn-outs over a maximum period of three years. The acquisition will be funded via cash accruals.

Holtby leaves Schalke at end of season

/Lewis-HoltbyBerlin, Dec 29 : German international midfielder Lewis Holty rejected Schalke04's offer to extend his expiring contract with the "Royal Blues", the club said on its official homepage.

After Klaas Jan Huntelaar's contract extension, Schalke suffered their first setback as Holtby rejected the clubs offer to extend his contract that runs out June 30, 2013, reports Xinhua.

"We had thought Lewis would like to stay with Schalke at the end of the season, but he has taken a personal decision and we respect that," sporting director Horst Heldt said Friday in a release.

German manufacturing sector PMI fell to 46.3 in December

German manufacturing sector PMI fell to 46.3 in DecemberAccording to the latest data released, a key indicator of the Germany’s manufacturing sector has fallen in the December so far resulting in a fall in the Euro and the shares in the region.

German manufacturing sector’s purchasing manager index fell to 46.3 in December compared to 46.8 in the previous month. On the index, any rating above 50 means expansion while that below 50 means contraction. The index measures overall manufacturing activity in the country.

German manufacturing sector contracts in November

German manufacturing sector contracts in NovemberAccording to a widely accepted indicator of manufacturing activity, the German manufacturing sector has contracted during the month of November, recording ninth straight month of fall as the new orders continue to fall in the Europe's leading economy.

German police: Man stopped for speeding had an entire mobile office wired in his car

German police: Man stopped for speeding had an entire mobile office wired in his carOn Friday, Saarland State Police in Germany said that, earlier this week, they had stopped a man for speeding; and found that the interior of the Ford station wagon which he was driving had been wired like an entire mobile office --- complete with a laptop, printer, router and other devices.

Volkswagen decides not to make big investments for next 3 years

Volkswagen decides not to make big investments for next 3 yearsThe Indian arm of Germany-based auto giant Volkswagen has decided to put its major expansion plans on hold for the next three years, thanks to economic slowdown and uncertain policy framework.

Ulrich Hackenberg, member of the Volkswagen's board of management, said that policy framework wasn't positive in India to make big investments.

John Chacko, president & managing director of Volkswagen India added that the company had decided to make no big investments between now and 2015.

India-Germany trade will achieve Trade Target of Euro 20bn this Year: says Anand Sharma

India-Germany trade will achieve Trade Target of Euro 20bn this Year: says Anand Sharma Trade between India and Germany will reach the targeted mark of US$ 26.16 billion (Euro 20 billion) this year, Commerce Industry & Textile Minister Anand Sharma said.

Mr. Sharma was speaking to reporters after his meeting with Germany's Economic & Technology Minister Dr. Phillipp Roesler.

German researchers: Nearly 8% Android app are “vulnerable” to attacks

German researchers: Nearly 8% Android app are “vulnerable” to attacksAccording to the findings of a new computer security research carried out by German researchers, nearly 8 percent of Android apps are "vulnerable" to attacks because of weak SSL implementations; and are apparently leaking the users' personal details, including their bank account information and webcam access.

Samsung reportedly set to launch Galaxy S III ‘Mini’

Samsung reportedly set to launch Galaxy S III ‘Mini’On the basis of the invites which Samsung has recently sent for its forthcoming press event in Germany, there are speculations galore that the company is apparently set to launch a smaller Galaxy S III version --- supposedly the Galaxy S III `Mini.'

German government agency tells web users to stop using IE

German government agency tells web users to stop using IE With software giant Microsoft having issued a Monday warning about a zero-day flaw affecting the Internet Explorer (IE), a German government agency - the Federal Office for Information Security (BSI) - is now warning web users about the security breach in the browser, and urging them to stop using IE.

GIZ refuses to clean toxic waste from Bhopal’s Union Carbide Plant

Bhopal-Toxic-Waste-gizGerman government firm GIZ has confirmed its decision to pull out of project to clean toxic waste from Bhopal-based Union Carbide Plant, which was the site of the world's worst gas disaster in 1984.

GIZ was to airlift the 350-tonnes of toxic waste lying deserted at the plant, and burn it in Germany for a payment of Rs 25 crore ($4.5 million). The toxic waste was resulted from chemicals discarded at the plant before the 1984 disaster, which had killed 15,000 people.

The German company held negative media coverage in Germany responsible for its decision to opt out.

Germany's top court backs eurozone rescue fund

European-Stability-MechanismGermany's Constitutional Court has officially given its backing for the new rescue fund for the Eurozone and dismissed calls to block the fund.

The country’s top court attached conditions to the approval saying that the parliament will have a veto power on the increase increases in the size of the fund. The court in Karlsruhe, southern Germany gave its approval and sent a positive sign to the markets.

Max India agrees to sell its films unit MSF to Treofan for Rs 540cr

Max-India-TreofanDelhi-based Max India has agreed to sell its packaging material maker unit Max Speciality Films (MSF) to German-based Treofan in a deal worth Rs 540 crore.

Announcing the deal, the diversified firm said, "Treofan, which develops and sells BOPP films… has offered an enterprise value of Rs 540 crore to acquire 100 per cent stake in Max Speciality Films.”

Max India chairman Analjit Singh said the sold the business so that they could focus on their key portfolio of service oriented businesses of life.

Diabetics may soon get rid of painful pinpricks

Diabetics may soon get rid of painful pinpricksDiabetics may soon be able to get freedom from painful pinpricks as engineers at Germany-based Fraunhofer Institute for Microelectronic Circuits & Systems IMS have come up with a handy bio-sensor that can gauge glucose levels using sweat or tears.

Patients suffering from Type-1 of diabetes need to continuously monitor their glucose levels because their bodies can not produce the insulin required to break down blood glucose. For this, they have to frequently prick their body to get a drop of blood to conduct the test.

Lufthansa striking cabin crew ready for talks

LufthansaThe representatives of a union of striking cabin crew at German airlines, Lufthansa have indicated that they are ready for talks during the coming weekend.

The union appeared ready for talks after renewing contact with the airline amid disagreements over pay and conditions for employees at the airlines. The union has not planned further strike after Friday, according to UFO head Nicoley Baublies.

Top Trends at IFA in Berlin: Hybrid tablets, 4K TVs

Top Trends at IFA in Berlin: Hybrid tablets, 4K TVsThe 2012 IFA consumer electronics show in Berlin this year witnessed several vendors unveiling as well as demonstrating a wide array of devices; with the top trends at the show being hybrid tablets and ultra-high resolution 4K TVs.

Ruling the roost all over the place at the IFA 2012 were hybrid or convertible Windows 8-based tablets which can also serve as laptops. Apparently, the horde of hybrid tablets at display was an indication that PC vendors are presently of the opinion that tablets require a keyboard which facilitates the users in using the device as a laptop.

Sony unveils ultra-compact HDR-AS15 Action Cam

Sony unveils ultra-compact HDR-AS15 Action Cam  During the 2012 IFA conference in Berlin on Wednesday, Sony unveiled its hardy new action video camera --- the lightweight and ultra-compact HDR-AS15 Action Cam, which will hit the US markets in September.

Measuring 2 x 2.6 x 0.9 inches in height, depth and width respectively, the newly-unveiled Sony Action Cam is a super-compact, shockproof and waterproof camcorder, which boasts the capability of shooting high-definition (HD) video in almost any condition --- rain or snow, or even at a depth of 60 meters.




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