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PayPal launches international money transfer service Xoom across Europe

14 hours ago DieselGasoil Comments Off on PayPal launches international money transfer service Xoom across Europe
FILE PHOTO: The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch LONDON (Reuters) – U.S. payments company PayPal (PYPL.O) is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other countries across the continent. Xoom allows customers to transfer money Read More

Amazon workers in Germany strike over pay, Verdi union says

1 day ago DieselGasoil Comments Off on Amazon workers in Germany strike over pay, Verdi union says
BERLIN (Reuters) – More than 2,000 workers at seven Amazon (AMZN.O) sites across Germany have gone on strike over pay for at least two days, labor union Verdi said on Monday. FILE PHOTO: An Amazon sign is seen at an Amazon logistics centre in Werne, Germany, December 17, 2018. REUTERS/Leon Kuegeler The walkouts, under the Read More

Against the sanctions run of play: German investments in Russia set to smash 10-year record

2 days ago DieselGasoil Comments Off on Against the sanctions run of play: German investments in Russia set to smash 10-year record
German businesses poured more than €1.7 billion into the Russian economy in the first three months of 2019, already exceeding half of last year’s highest-in-decade figures, the Russian-German Chamber of Commerce has revealed. The volume of German companies’ investment in Russia is up by 33 percent –or €400 million– compared to the same period last Read More

Hope Stalin doesn’t hear it! Last German emperor’s heirs demand Potsdam Conference palace for living

2 days ago DieselGasoil Comments Off on Hope Stalin doesn’t hear it! Last German emperor’s heirs demand Potsdam Conference palace for living
In a bizarre property dispute, the heirs of the last German emperor are said to have claimed ownership over the palace where Stalin, Truman, and Churchill once decided the fate of the world back in 1945. Georg Friedrich, the great-great grandson of the last German Kaiser, Wilhelm II, still carries the title of prince of Read More

Half of Germans see Islam as threat – study

3 days ago DieselGasoil Comments Off on Half of Germans see Islam as threat – study
Around 50 percent of Germans are wary of Islam, a new study by a local NGO found. The pollsters blame the media for this state of affairs, adding that tolerance of other major religions in the country is much higher. In a study on religious diversity conducted by the German Bertelsmann Foundation, one-third of the Read More

Daimler warns on profit again, blames diesel (gasoil) and recall costs

4 days ago DieselGasoil Comments Off on Daimler warns on profit again, blames diesel (gasoil) and recall costs
FRANKFURT (Reuters) – Luxury carmaker Daimler (DAIGn.DE) cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory crackdown on diesel (gasoil) emissions and vehicle recalls related to Takata airbags. The Mercedes emblem is seen on a Vision Mercedes-Maybach Ultimate Luxury show car Read More

Europe should brace for U.S. tariffs on several fronts: German official

6 days ago DieselGasoil Comments Off on Europe should brace for U.S. tariffs on several fronts: German official
WASHINGTON (Reuters) – European Union member states should brace for U.S. tariffs on several fronts in the months ahead, a senior German official warned late on Tuesday, just hours before Washington launched a probe of a planned French digital tax that could trigger future tariffs. German Federal Minister of Economic Affairs and Energy Peter Altmeier Read More

Legal expert Dagmar Valcarcel to join Deutsche Bank’s supervisory board: report

6 days ago DieselGasoil Comments Off on Legal expert Dagmar Valcarcel to join Deutsche Bank’s supervisory board: report
BERLIN (Reuters) – Dagmar Valcarcel, a legal expert, will join Deutsche Bank’s supervisory board, German newspaper Handelsblatt said on Wednesday without naming its sources. The newspaper said the position had become free because Stefan Simon was moving into the management board as chief administrative officer in the wake of a major shake-up at the bank Read More

Angela Merkel is ‘feeling well’ despite THIRD BOUT of shaking, spokesperson insists

6 days ago DieselGasoil Comments Off on Angela Merkel is ‘feeling well’ despite THIRD BOUT of shaking, spokesperson insists
A spokesperson has insisted that German Chancellor Angela Merkel is “feeling well” despite a third incident of violent shaking in less than a month on Wednesday as she welcomed Finnish Prime Minister Antti Rinne to Berlin. Ulrike Demmer, a deputy government spokesperson, largely batted away journalists’ questions on Wednesday but said that the 64-year-old has Read More