Sat, 25 May 2019, 5:06 PM
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Topic: German

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Neumann had in the past served as Continental AG CEO.
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NEW YORK, May 24 — World shares skidded further yesteday and oil prices plunged more than 5per cent as investors worried the China-US trade spat was turning into a technology cold war between the wo...
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NEW YORK: US and world shares skidded further on Thursday and oil prices plunged more than 5% as investors worried the China-U.S. trade spat was turning into a technology cold war between the world's two largest economies, boosting the dollar and knocking benchmark government debt yields down.
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China's Ministry of Foreign Affairs on Thursday called for a fair, just, stable and predictable business environment for Chinese companies.
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NEW YORK, May 23 — Wall Street plunged at the open of trading today as investors shuddered at worldwide political, economic and trade turmoil.
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KUALA LUMPUR: Several developed countries have been accused by NGOs of trying to kill the proposed resolution on drug price transparency at the 72nd World Health Assembly (WHA) in Geneva, Switzerland.
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A group of former Google employees are ramping up growth at a startup that seeks to grab a piece of the rapidly expanding vacation-rental market, just as their former employer enters the same space.
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BERLIN, May 23 — Confidence among German business leaders was ground down to its lowest level in more than four years in May, a closely-watched survey showed today, dampening the mood after tentativ...
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FRANKFURT AM MAIN, May 23 — German prosecutors said today they had fined car parts supplier Bosch €90 million (RM420 million) over its role supplying components in the “dieselgate” emissions c...
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The new boss at Daimler AG is now the younger Kaellenius, seen here with Zetsche, at the handpver in Berlin on Wednesday.
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This week is clearly not shaping up to be a good one for Huawei.
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MIRI: A German expatriate in Miri and his family are calling for tougher enforcement against animal cruelty in Sarawak.
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LONDON, May 22 — British Steel collapsed today after the government said last-ditch talks with its owners failed to secure a financial rescue.
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BERLIN, May 22 — Daimler’s outgoing chief executive Dieter Zetsche today hammered home the need for the German car giant to reduce its costs to finance heavy investments in electric and autonomous...
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PARIS, May 22 — Airbus is in discussions to try to find solutions to a row with the German government over a ban on arms exports to Saudi Arabia that threatens a border security contract, Chief Exec...
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KUALA LUMPUR (May 21): KNM Group Bhd’s German subsidiaries have secured new credit facilities of up to €200 million from various financial institutions, which will be used to settle certain existi...
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Despite the warnings, the campaign for the European Parliament elections has yet to be marked by a flood of fake news, but it is still too early for the EU to declare victory over misinformation.
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FRANKFURT AM MAIN, May 21 — German chemicals and pharmaceuticals giant Bayer said today that US seeds and pesticides maker Monsanto, which it bought last year, kept lists of key pro- or anti-pestici...
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Almost a week after the US President, Donald Trump, signed his executive order, Huawei’s steady stream of chips and software from US companies such as Intel, Qualcomm, and Google has virtually been ...
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Around half of the 16,000 registered cars in Imotski are said to be Mercedes cars.
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LONDON, May 21 ― European stocks recorded broad-based losses yesterday, as a US crackdown on China's Huawei Technologies rekindled concerns about worsening global trade and wilted the continent's tr...
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NEW YORK, May 21 ― Ford plans to cut 7,000 jobs, or 10 per cent of its global salaried workforce, as part of a reorganisation as it revamps its vehicle offerings, the company said yesterday.
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NEW YORK, May 21 ― Global equity markets fell yesterday as a US crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, ...
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LONDON, May 20 — Stock markets weakened today as concerns mounted about an escalating fallout from a US crackdown on China’s Huawei Technologies.
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BERLIN, May 20 — European stock markets struggled in the face of a US crackdown on China’s Huawei Technologies today after a report that German-based chipmaker Infineon had halted shipments to Hua...
Free Malaysia Today:
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FRANKFURT: Several German exhibitors at the Techtextil & Texprocess 2019 international trade fair here believe that Malaysia’s textile industry, seen by many as a “sunset industry”, can reassert...
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MIRI: Police have uncovered a German-made Walther pistol and live bullets hidden inside a drain in a housing estate here.
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Batik fan and Australia’s High Commissioner to Malaysia Andrew Goledzinowski talks about the government exchanges that have taken place since last year’s General Election.
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MUNICH: Forget sitting in traffic, breathing in fumes while you stare longingly through the window at the cyclists whizzing past you.
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German startup firm Lilium announced May 16 the maiden flight of its all-electric pilotless jet-powered ‘air taxi’ which it hopes to operate in various cities around the world ‘by 2025’.
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Police in six countries have dismantled a complex cybercrime network that operated from Eastern Europe and fleeced victims – including small businesses and charities – of some US$100mil, Europe's police agency said on May 16.
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The Austrian government on May 16 warned Internet users to shun an online cow-kissing challenge, calling it a “dangerous nuisance”.
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French ride-hailing app Kapten, formerly called "Chauffeur Prive", has won approval from Transport for London to launch its services in the British capital and take on the likes of Uber as well as the city's historic black cabs.
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LONDON, May 16 — European stocks fell, government bond yields slipped and the Japanese yen firmed today after the US government hit Chinese telecoms giant Huawei with severe sanctions, further strai...
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INGOLSTADT: Audi's bestseller, which celebrates its 25th anniversary this year, has been refreshed, notably gaining a new stylistic identity and an innovative mild-hybrid (MHEV) electrification system...
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JONKOPING (Sweden): Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday, in what developer Einride and...
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The European Union has launched a coordinated fight against fake news ahead of this month's European Parliament elections, but officials acknowledge there are limits to what can be achieved against a danger barely recognised a few years ago.
The Star:
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Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on May 15, in what developer Einride and logistics customer DB Schenker described as a world first.
Malay Mail:
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FRANKFURT, May 16 — Frankfurt public prosecutors said they led a nationwide raid on eight homes and six asset managers yesterday as part of an investigation into wealthy individuals suspected of tax...
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BERLIN, May 15 — German investigators swooped on the homes of wealthy individuals and financial firms today in nationwide dawn raids, as part of a tax evasion investigation triggered by high-profile...
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WOLFSBURG: With Volkswagen Group aiming to build a million electric vehicles per year by 2025, the German carmaker is now looking at what to do with these batteries at the end of its lifespan.
Malay Mail:
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BERLIN, May 15 — With its Boeing 737 MAX fleet grounded, tour operator TUI announced today a deeper net loss for the first half of the year and slashed its 2019 forecast.
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FRANKFURT: A leading operator of charging stations has sounded the alarm on a proposed technical standard that it says could hamper mass adoption of electric vehicles by making it harder to charge the...
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LOS ANGELES: The prestigious Sotheby's auction house is selling an exceptional Porsche Type 64 — the forebearer of all the German brand's legendary sports cars — in an auction in Monterey, Califor...
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TOKYO, May 15 — The US dollar was firmer in early Asian trade today while the Australian dollar brushed a more than four-month low as traders eyed Chinese and European data for clues on whether the ...
The Star:
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PETALING JAYA: An international migrant smuggling and fake passport syndicate has been crippled after police arrested 11 people, including three Malaysians.
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Volkswagen Passenger Cars Malaysia (VPCM) has introduced Sound & Style Editions of the Golf, Passat and Tiguan, all of which are equipped with unique accessories.
Malay Mail:
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BERLIN, May 14 — Volkswagen workers backed a restructuring of the world’s largest carmaker today after Chief Executive Herbert Diess pledged to spend one billion euros (RM4.67 billion) on a new ba...
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LONDON, May 14 — UniCredit has engaged investment bankers, including a former top German official, to advise it on a potential bid to buy Commerzbank , according to three people familiar with the ma...
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Police have crippled a migrant smuggling and passport forgery syndicate involving Sri Lankans after arresting 11 suspects since the operation was launched late last month.
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PETALING JAYA: Police have crippled a human-trafficking syndicate that attempted to smuggle Sri Lankan migrants using fake passports.
The Star:
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PETALING JAYA: An international migrant smuggling and fake passport syndicate has been crippled after police arrested 11 people, including three Malaysians.
Malay Mail:
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KUALA LUMPUR, May 14 — Inspector-General of Police Datuk Seri Abdul Hamid Bador today said that the police have crippled a human-trafficking syndicate that attempted to smuggle Sri Lankan migrants u...
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SAN FRANCISCO, May 14 — In a third major legal blow to Bayer-owned Monsanto and its weedkiller Roundup, a jury in California has ordered the chemicals giant to pay more than US$2 billion (RM8.34 bil...
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BERLIN, May 14 — German insurer Allianz said today it is on track to meet its forecasts for 2019 after publishing improved first-quarter figures.
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STUTTGART: Mercedes-Benz said Monday it wants to stop selling traditional combustion engine cars by 2039 and plans for its new vehicles sold worldwide by that time to be carbon-neutral.
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PETALING JAYA: Volkswagen Passenger Cars Malaysia announced today its newest and loudest offering – the Volkswagen "Sound & Style" range for audiophiles.
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A California jury on Monday awarded more than US$2 billion to a couple who claimed Bayer AG's glyphosate-based Roundup weed killer caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical.
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KUALA LUMPUR (May 13): BFM founder Malek Ali’s insurance technology (insurtech) company Fi Life Sdn Bhd (Fi Life SB) has taken over online life insurance provider U for Life from German reinsurer Ha...
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Fi Life, an insurtech startup co-founded by BFM radio founder Malek Ali and Tan Jiann Meng went live today.
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THE dollar’s strength was broad-based, supported by safe-haven play after President Donald Trump tweeted about raising current tariffs from 10% to 25% on US$200bil worth of Chinese imports and accused the Chinese of backpedalling on trade talks. However, the US dollar erased its weekly gains after April core producer prices unexpectedly edged lower to 0.1% month-on-month (m-o-m) from 0.3% m-o-m in March (consensus: 0.2%).
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FRANKFURT AM MAIN, May 10 — German industrial conglomerate Thyssenkrupp said today it was scrapping merger plans with Indian steel giant Tata and would slash 6,000 jobs worldwide in a structural sha...
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Manufacturing is a small part of most advanced economies.
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FRANKFURT, May 9 — Car parts supplier Bosch said today it plans to produce zero net carbon emissions “from 2020” and to spend €2 billion (RM9.1 billion) on renewable electricity over the next ...
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A car in Cloppenburg fitted with the hourglass.
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MUNICH: Siemens AG posted strong second-quarter profit and outlined a plan to list its struggling power and gas division, a watershed moment in chief executive officer Joe Kaeser’s drive to dismantle the company’s cumbersome conglomerate structure.
Malay Mail:
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BERLIN, May 8 — Shares in German industrial conglomerate Siemens jumped today, after the group reported steady profits in the second quarter and announced the spinoff of its historic power and gas u...
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The Porsche 911 Speedster with and without the optional Heritage Design package.
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TOKYO, May 8 ― Asian equities tracked Wall Street's slide today, while investors switched to safe-haven government bonds, driven by fears that global growth will suffer as a potential trade deal bet...
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LONDON, May 8 ― German government bond yields hit five-week lows yesterday and Italian shares fell, led by the country's banking index, after the European Commission revised down euro area growth fo...
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TOKYO: Asian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about global growth, driving support for safe-haven government bonds.
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Allianz X, the investment arm of German insurer Allianz Group, and Go-Jek venture capital unit Go-Ventures led the series B funding round of SafeBoda, a Uganda-based ride-hailing platform.
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FRANKFURT AM MAIN, May 7 — German sports car maker and Volkswagen subsidiary Porsche will pay a €535-million (RM2.49 billion) fine over diesel vehicles that emitted more harmful pollutants than al...
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OnePlus is expected to officially announce its next flagship devices, the OnePlus 7 and OnePlus 7 Pro, next week.
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LONDON: Lehman Brothers is finally leaving Canary Wharf, almost a dozen years after the Wall Street giant’s collapse.
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PETALING JAYA, May 5 — When it comes to food, Malaysia may be known for our nasi lemak and char kway teow but caviar?
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SINGAPORE, May 5 ― Singapore has attracted high-tech manufacturers with incentives and a well-educated workforce but growing demands for highly skilled labour and government moves to curb numbers of...
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If you want to make sure you have the latest and greatest software on your smartphone at all times, then Apple and Google phones are the way to go.
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KULAI: The adage “if there’s a will, there’s a way” is what truly drives entrepreneur Hassan Embi to succeed in his buggy-making business.
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PARIS: Air France-KLM blamed higher fuel costs and tough price competition as it posted a deeper first-quarter loss that caused its shares to fall.
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KUALA LUMPUR: Festivities are always an opportunity to push sales for car makers.
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STUTTGART: The very first 917 is back in its original condition from 1969 To celebrate the 50th birthday of the 917, Porsche has restored the 917-001, first unveiled on March 12, 1969 at the Geneva I...
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FRANKFURT, May 3 — German sporting goods maker Adidas said Friday that sales online and in China had pumped up profits and revenues in the first quarter, confirming its outlook for double-digit prof...
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PARIS, May 2 — European governments and companies will form an alliance for developing next-generation batteries for electric vehicles, investing five to €6 billion (RM27.75 billion) in the projec...
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A German-based retail site recently posted up a listing for a WD Blue SSD with a whopping 4TB capacity.
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FRANKFURT, May 2 — German car behemoth Volkswagen today reported a slip in profits in the first quarter, but defied a soft patch in the global car market with rising revenues.
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If the title is confusing you, don't fret - it's entirely correct.
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FRANKFURT, May 2 — German car behemoth Volkswagen today reported a slip in profits in the first quarter, in part blaming a €1 billion (RM4.63 billion) charge over "legal risks" related to its "die...
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London: J Sainsbury Plc took a £46mil (US$60mil) hit on its failed deal to acquire Walmart Inc’s Asda and vowed to invest in improving its stores as it prepares to fight the UK’s supermarket wars alone.
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LONDON, May 1 — British supermarket Sainsbury’s today said it had spent £46 million attempting to merge with Walmart-owned Asda, one week after UK regulators blocked the proposed tie-up.
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NEW YORK: US President Donald Trump, along with his family and businesses, sued Deutsche Bank and Capital One in an attempt to stop them from complying with Congressional subpoenas issued as part of a probe into foreign political influence.
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LONDON: Sainsbury’s was alone among Britain’s big four supermarket groups in seeing sales fall in the 12 weeks to April 21, industry data showed yesterday.
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FRANKFURT AM MAIN, May 1 — German industrial conglomerate Siemens cleared a hurdle yesterday in its race with US-based General Electric to rebuild Iraq’s electricity grid, signing a “roadmap” ...
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FRANKFURT, April 30 — German airline group Lufthansa plunged deeper into the red in the first quarter, it said today, blaming the rising price of fuel and intense competition in Europe but sticking ...
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PARIS, April 30 — European aerospace giant Airbus today reported a slump in first-quarter net profit, hit by Germany’s freeze on weapons exports to Saudi Arabia and its own decision to stop buildi...
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STUTTGART: The tiny, two-person Smart cars once pitched as the next big thing in urban mobility will be discontinued in the United States and Canada at the end of the current model year, German automa...
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STUTTGART: The world's biggest auto parts maker Bosch said Monday it would work with a Swedish firm to develop key components for hydrogen fuel cells designed to power cars, after backing off building...
AutoBuzz.my:
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Hold your horses, 600 hp from a 2.0-litre four-pot isn’t coming to a BMW showroom near you yet, but for the boys running the BMW M4 at this season’s German DTM races, it is a tasty prospect to go ...
BMW | P48 | German | BMW M4 | DTM races | BMW M4 DTM | DTM | V8s | Engine block | Class 1 | Twin Power Turbo | 30 | 4.0 | 1 | 85 | One | 600 | 2019 | 6 | 000 | 2.0 | 1 | 999 | 2019 | 2.0 | 5 | 9 | 500 | 600 | 85 | 2019 | 2019