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Schalke face probe over big debts

Gelsenkirchen, Germany - Schalke 04 are being probed by local authorities on suspicion of delaying bankruptcy proceedings, prosecutors confirmed on Tuesday. Prosecutors in Essen are looking into charges filed last month by a private individual over S...

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German Energy Giant RWE Poised to Expand into Turkey

German energy company RWE AG announced Friday that it had concluded an agreement for the construction of a new electric power station in Turkey. The news comes only two days after RWE AG abandoned all plans to participate in the construction of a 2000MW nuclear plant in the Bulgarian Danube town of Belene, citing funding problems. RWE AG, based in Essen, Germany, announced Friday that it will make...

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Airport stakeholder Hochtief said to plan flotation

Essen,Germany - A company with stakes in Sydney and Athens airports is likely to be offered to investors by its German parent, a news report Thursday said, quoting banking sources. Hochtief Concessions has shareholdings in six world airports as well ...

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Gone Cardboard: Four (!) New Expansions for Small World from Days of Wonder

Philippe Keyaerts’ Small World , a new fantasy-themed version of his Vinci that Days of Wonder released in Q2 2009, has been a resounding success, with players dreaming up all kinds of new races and special powers to introduce to the game. In June 2009, Days of Wonder invited people to submit those creations to a design contest, with at least one all-expenses paid trip to the Spiel game convention...

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Germany: 30-40 Islamists in terrorist training camps

Germany: 30-40 Islamists in terrorist training camps According to a previous article , about 140 German Muslims received Jihadist training in Afghanistan and Pakistan. Of those, 60-80 have returned to Germany. If this article is correct and there are 'only' 30-40 left, it means that there's about 100-110 of them in Germany. ------------------ In the so called 'terror camps' in Afghanistan and Pakistan...

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German retail company Arcandor seeks big federal loan - Summary

Essen, Germany - Arcandor, a German company which operates department stores, mail-order services and charter holidays, applied Friday for an emergency loan of 437 million euros (620 million dollars) from the German government. Government officials m...

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Creditors vote to close chain of 54 German department stores

Essen, Germany - Creditors who have taken control of a chain of 54 German department stores, voted Wednesday to close down the loss-making Hertie chain, putting 2,600 people out of work. A British private-equity fund acquired Hertie four years ago, b...

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German retail group Arcandor seeks huge government guarantee

Essen, Germany - Arcandor, a troubled German retail empire, said Friday it would appeal to Chancellor Angela Merkel's government for a 650-million-euro (880-million-dollar) bailout to stave off collapse. Arcandor, which runs a chain of department sto...

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Audi 225 Front Roadster at Essen classic show

Ingolstadt, Germany - As part of its centenary celebrations, Audi will exhibit a 1935 Audi 225 Front Roadster, which has been reconstructed on an original frame, at this month's Essen Techno Classica show. Audi hailed the vehicle as one of the most ...

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Convicted German drug smuggler sent home by Japan, seeks parole

Essen, Germany - A 25-year-old German woman who was convicted in Japan of drug smuggling has been sent to Germany to serve out the rest of her prison term, and is seeking parole, her lawyer said Monday. Andreas Kost said she had learned Japanese whil...