German business seems to have slumped to a large extent and even predictions do not show optimistic light. Till now, what could have been termed as a small decline has now been termed as a situation where Europe's biggest economy may fail to rebound.
Reports have shown that the index fell to 104.4 points from 106.7 in March. There has been a humble decline to 106.2. Economic history of the country unveils that it is one of the more supple economies in the 17-country eurozone in recent years. This can be estimated to 28% of the currency bloc's total output.
After Justin's Bieber's monkey received humungous attention and started creating chaos for the staff of zoo, German customs authorities have asked the singer to respond immediately.
Justin's monkey is called as Mally. It is a 17-week-old capuchin monkey. It was taken by customs authorities on March 28 when Bieber could not show the required papers after landing in Munich on his tour.
As per the revelations of a new report, a great experiment with tuition fees in Germany is near its end. Gradually, seven of the total 16 states have undone the introduction of tuition fees.
The tuition fees was introduced when in 2005, a federal court ruling had freed them to do so. Now, Bavaria and Lower Saxony, which are the last two states to take tuition fees, are being hoped to eliminate these in the near future.
It is being believed that the step to be taken would make Germany an outlier in a global trend towards initiation and surge of tuition fees.
On Wednesday, warnings were raised by Daimler AG that this year, profits would be somewhat lesser as compared to the profits of last year. Since, first-quarter earnings have realized a fall by 60% amid drooping auto sales in Europe.
It was affirmed by the Mercedes-Benz luxury cars maker that the net profit had fallen from 1.42 billion euros last year in the same quarter to 564 million euros ($733 million) this year. Also, the revenue had come down at 26.1 billion euros i. e. by some 3%.
On Tuesday, BitTorrent launched a new alpha version of its Sync software which makes use of the peer-to-peer (P2P) file sharing technology behind BitTorrent clients to replicate files across a number of computer systems.
The new version of the Sync software released by BitTorrent supports syncing folders across the Internet, sans the requirement of having to go through an intermediary, such as Dropbox, Cloud Drive, or iCloud.
According to a TechCrunch report released on Tuesday, Internet search biggie Google has struck an over $30 million acquisition deal for the personalized-news startup Wavii; a move which apparently comes in response to Yahoo's recent takeover of a similar app, the Summly news reader.
A medical students who was killed after she consumed slimming pills that were banned have made her parents state that she was one of the most happy and effervescent girl they have ever known.
Sarah was 23 and her parents Geoff and Gina Houston said that she was suffering from an eating disorder for years and it was now that she had started conquering it.
They added that Sarah was a fourth-year medical student, and she was about to be discharged by her psychiatrist after three years.
Google was accused of breaching Street View data back in the year 2010. And now, the state of Hamburg has been fining Google 145,000 euros ($189,000), according to the commissioner for data protection in Hamburg, Johannes Caspar.
It has been found that Google had mistakenly collected payload data samples from open Wi-Fi networks and built its Street View network in Germany. Since, local prosecutors did not have clear-cut evidence regarding criminal wrong-doing, thus, they earlier weighed charges against Google, but decided against taking legal action later.
As per recent reports, employees of Lufthansa German Airlines are on a 24-hour strike in demand to increase the pay by five percent over several years. The strike by the workers was instigated after the management was unable to solve the issues in three rounds of talks.
The strike is causing problem to a large number of travelers as this is the second strike within a month. Thousands of passengers in Germany are facing troubles in wake of the staff abstaining from work. Some 1,700 flights have been cancelled as of now.
German Defence Minister Thomas de Maiziere has made it clear to Britain that it should not quit the European Union. If it does so then it will risk military influence present across the globe as well as will weaken its Nato alliance.
Maiziere said that they are quite concerned if the UK quits the EU then they will lose a friend on security issues. On the other hand, David Cameron seems to have shifted all the things on the elections.