EU approves German aid to cut emissions from ArcelorMittal plant
The European Union’s executive on Tuesday approved a German government grant to install ground-breaking emissions-reduction technology on a steel plant owned by ArcelorMittal, arguing that it could help cut EU emissions overall.
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Adidas hopes for profit boost from soccer World Cup
Leading German sports goods group Adidas said on Wednesday 3 March that it is hoping for a big earnings boost from this year's soccer World Cup, after reporting a 61.8-per-cent plunge in profits in 2009.
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Conference brings German textile technology to India
Manufacturers of technical textiles have the opportunity to inform themselves about the latest developments in machinery for the production and processing of technical textiles from March 8-9 in Delhi and from March 11-12 in Mumbai.
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German wine market remained stable in 2009
For the most part, the global economic crisis had little impact on the German wine market in 2009. Based on surveys by the Association for Consumer Research (GfK) of all distribution channels, for example the grocery sector, discounters, specialty trade and producers (direct sales), the German Wine Institute in Mainz has reported a 1.2% increase in the value of wine sales in the domestic market in 2009.
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German business confidence declines slightly in February
German business confidence slumped in February but is expected to rise again once winter passes, a key economic survey showed Tuesday, 23 February.
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Volkswagen launches the New Polo in India
On Tuesday, 23rd February, German automaker Volkswagen launched its hatchback New Polo at competitive prices in India, the world’s largest compact car market.
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Network of electric loading stations growing in Germany
Some 27 loading stations for electric cars have been taken into service so far this year as part of a network of 50 such stations that will be operating in Germany by the end of the year, Germany's automobile association ADAC has announced.
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German economy expected to grow in early 2010
German economic recovery stagnated as 2009 came to an end, data released Friday, February 12, confirmed - registering no fourth quarter economic growth over the third quarter of that year.
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German exports up; China emerges as world’s top trader
German exports increased in December by a surprise 3 per cent, to record their fourth consecutive monthly gain and their first annual rise since October, the statistics office said Tuesday, February 9.
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German-Bangladesh trade volume breaks €2 bn mark in 2009
Trade between Bangladesh and Germany increased by 16 per cent in the first eleven months of 2009, thus defying the global economic downturn. The bilateral trade volume surpassed €2.1 billion in this period according to the German Federal Bureau of Statistics. The trade surplus of Bangladesh amounted to €1.6 billion.
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