Germany
Rocket's Lazada gets $100 million in bid to be Southeast Asia's Amazon
- Lazada, the Southeast Asian online retail company founded by Germany's Rocket Internet Gmbh, has secured another $100 million from investors in its bid to lift the region from its status as an e-commerce backwater.
Rocket's Lazada gets $100 million in bid to be Southeast Asia's Amazon
- Lazada, the Southeast Asian online retail company founded by Germany's Rocket Internet Gmbh, has secured another $100 million (64.6 million pounds) from investors in its bid to lift the region from its status as an e-commerce backwater.
Britain to pay more for power than Germany for a decade - Credit Suisse
LONDON - British electricity prices may be almost double those in Germany within three years due largely to the impact of a new tax aimed at supporting renewable power generation, a report by bank Credit Suisse showed on Wednesday.
Commerzbank to cut around 5,200 jobs
FRANKFURT - Germany's second-largest lender Commerzbank said on Wednesday it will cut 5,200 jobs, about 12 percent of its 45,000 full-time staff, adding to job-shedding by banks across Europe.
Commerzbank to cut around 5,200 jobs
FRANKFURT - Germany's second-largest lender Commerzbank said on Wednesday it will cut 5,200 jobs, about 12 percent of its 45,000 full-time staff, adding to job-shedding by banks across Europe.
UPDATE 1-Commerzbank to cut around 5,200 jobs
FRANKFURT, June 19 - Germany's second-largest lender Commerzbank said on Wednesday it will cut 5,200 jobs, about 12 percent of its 45,000 full-time staff, adding to job-shedding by banks across Europe.
Vodafone may trump Liberty with $10 billion cash bid for Kabel: sources
FRANKFURT/LONDON - Vodafone is discussing a 7.6 billion euros ($10 billion) cash bid with Germany's No. 1 cable operator Kabel Deutschland and is confident its offer and absence of antitrust issues put it in a better position than rival Liberty Global, two sources familiar with its thinking said on Wednesday.
Germany agrees financing of 8 billion euro flood aid fund
BERLIN - Germany has agreed the financing of an 8-billion euro (6.8 billion pounds) fund to help repair damage caused by the worst flooding in a decade, with both the federal government and states footing the bill, the finance ministry said on Wednesday.
Germany agrees financing of 8 billion euro flood aid fund
BERLIN, June 19 - Germany has agreed the financing of an 8-billion euro fund to help repair damage caused by the worst flooding in a decade, with both the federal government and states footing the bill, the finance ministry said on Wednesday.
Vodafone may trump Liberty with $10 billion cash bid for Kabel - sources
FRANKFURT/LONDON - Vodafone is discussing a 7.6 billion euros (6 billion pounds) cash bid with Germany's No. 1 cable operator Kabel Deutschland and is confident its offer and absence of antitrust issues put it in a better position than rival Liberty Global, two sources familiar with its thinking said on Wednesday.
Afghan government to shun U.S. talks with Taliban
KABUL/WASHINGTON - Revived Afghan peace talks hit their first roadblock on Wednesday, a day after they were announced, as Afghan President Hamid Karzai said his government would not join U.S. talks with the Taliban and would halt negotiations with Washington on a post-2014 troop pact.
Ethiopia and Eritrea: An elusive peace on the cards?
Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.
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