GERMANY

Germany to invest 1 billion euros for green urban mobility in India

2:03 pm November 2, 2019

New Delhi: German Chancellor Angela Merkel on Saturday pledged to invest 1 billion euros over the next five years on environmentally-friendly urban mobility in India. Merkel, whose visit to the country coincided with one of the worst spells of air pollution in Delhi/NCR, also emphasised on the need to replace diesel-run public transport with electric […]

German economy minister falls leaving stage at IT event

6:59 pm October 29, 2019

Berlin: Germany’s economy minister fell badly as he left the stage Tuesday during an event at which he was due to present a European digital cloud project. Peter Altmaier tripped on the steps and appeared to fall head-first as he left the stage after giving a speech at the event in Dortmund. He lay on […]

Trump again attacks Fed, says central bank ‘derelict in its duties’

8:53 pm October 24, 2019

Washington: President Donald Trump once again attacked the US Federal Reserve on Thursday, calling for more interest rate cuts to stimulate the American economy. “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate,” he said on Twitter, a relatively mild epithet after calling policymakers “boneheads” and […]

France loses diesel pollution fight in EU court

8:28 pm October 24, 2019

Luxembourg : The EU’s top court ruled on Thursday that France has persistently exceeded the threshold limit for nitrogen dioxide, a polluting gas from diesel motors that causes major health problems. France “systematically and persistently exceeded the annual limit value for nitrogen dioxide since Jan. 1, 2010,” the court said in a statement. The European […]

US probes Mercedes vans for possible unwanted acceleration

Mercedes-Benz India bullish on Indian market

6:32 pm October 19, 2019

Chennai: German luxury car maker Mercedes Benz India said it was bullish on the Indian market as sales had surpassed 10,000 units annually for the fifth year in a row. In a move to strengthen its footprint in the market, the company had recently set up its largest integrated 3S (Sales, Service and Spares) dealership […]