Daily News Channel
Sometimes location is everything. Other times, it’s just a convenient place to spend the night. On both sides of the Atlantic, much has been made of Barack Obama’s decision to spend Thursday night in Dresden, the German city known primarily as the site of a horrific bombing campaign by U.S.
Finnish prosecutors will file genocide charges against a Rwandan man in the killings of 15 people during Rwanda’s ethnic cleansing bloodbath in 1994, authorities said Monday. GM will file a bankruptcy petition at 8 am ET (12 pm GMT), paving the way for a de facto government takeover, according to a source with direct knowledge of the bankruptcy proceedings
The future of thousands of car industry jobs in Europe remained uncertain Monday as General Motors prepared to file for bankruptcy after reaching a deal to sell off its European operations, including German automaker Opel and UK-based Vauxhall. GM will file a bankruptcy petition at 8 am ET (12 pm GMT), paving the way for a de facto government takeover, according to a source with direct knowledge of the bankruptcy proceedings.
The interior ministers of Germany’s 16 states have launched an investigation into the activities of the Church of Scientology, hoping to assemble the evidence to support banning the U.S.-based organization from operating in Germany. But skeptics question whether such a move is politically and legally tenable — or wise
Two groups remain in the hunt to take over carmaker Opel from the umbrella of General Motors’ European operations: Canadian-Austrian supplier Magna and Italian car company Fiat The German government met Wednesday to discuss the future of the carmaker. The chief concern is to make sure the car company does not become embroiled in the bankruptcy protection proceedings of parent company GM.
About a year ago, the makers of Red Bull, the famous caffeine-loaded energy drink, decided to come out with a soda, unsurprisingly named Red Bull Cola. The shared name implied the same big kick.
As the two Jewish men on stage slip on their Nazi armbands, preparing to take the Siegfried Oath, the portly man sitting next to me seems unsure if he should laugh. Like the rest of the audience at the Berlin opening of the Mel Brooks musical comedy The Producers on Sunday night, the old man waits.
A senior World Bank official announced Monday that Zimbabwe will get a $22 million grant to help the country’s battered economy.
Fiat Group, fresh from an agreement to buy a piece of troubled automaker Chrysler, has plans to purchase GM Europe and spin-off the recombined carmakers into a new company. If successful, the new company would become one of the largest car manufacturers in the world behind Toyota. The combined company would generate about $100 billion annually with sales of between 6 and 7 million cars a year
German champions Bayern Munich have sacked coach Jurgen Klinsmann and appointed the experienced Jupp Heynckes as his replacement for the final five games of the Bundesliga season. Klinsmann’s fate was sealed after a meeting with club chairman Karl-Heinz Rummenigge, general manager Uli Hoeness and director Karl Hopfner on Monday morning. The 44-year-old took charge of Bayern last July, after leading an unfancied Germany side to the 2006 World Cup semifinals on home soil.