Olympics: German athletes earn more advertising rights during Games

German athletes and their sponsors will have more possibilities to advertise during the Tokyo 2020 Olympics following an easing of restrictions, the German Cartel Office said on Wednesday.


Reuters: Sports News

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German Consumers Undeterred By Slowing Economy

Germany’s consumer confidence is set to hold steady in March, as income expectations remained stable, though households increasingly worry that the biggest euro area economy would slip into recession. The forward-looking consumer confidence indicator showed a reading of 10.8 for March, same as in February, survey data from the GfK revealed Tuesday.
RTT – Economic News

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Top German conservative hints at slower coal phase-out in nod to party right

Germany’s phasing out of coal-fired power stations could be delayed beyond 2038 if the deadline creates problems for the security of electricity supply, a senior legislator in Chancellor Angela Merkel’s party said.


Reuters: Arts

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German Designers Start Creative-led Industry Association

France has what local designers call “la Fédération” and the U.S. has the CFDA. As of this week, Germany has its own industry association “by fashion designers for fashion designers,” as the founders put it.
The German Fashion Designers Federation was initiated in spring 2018 after two years of preparation and launched officially today in Berlin, a few days before the city’s biannual fashion week begins. As yet, the Federation, or GFDF, only has a handful of members but they already have some impressive supporters: Financial backing is being provided by Mercedes-Benz and German skin-care stalwart Dr. Hauschka. German designer Bernhard Willhelm is a member and other big, local names, yet to be announced, are also expected to join. The GFDF’s board includes Renate Künast, a senior member of German parliament for the Green party and former federal minister for food, agriculture and consumer protection.
The GFDF was the brainchild of Eva Gronbach, a Berlin-based designer who previously worked for Hermès and Yohji Yamamoto, who will also serve as the body’s first president.
“We were very inspired by the CFDA in New York because it is a younger organization than the Federation in Paris,” says Gronbach, who started the project by simply e-mailing other

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German politicians’ data reportedly hacked, except for far-right party

BERLIN — Data and documents belonging to hundreds of German politicians have been hacked and posted online via Twitter, a German broadcaster reported Friday. The leak, which saw the data posted in daily batches before Christmas on a Twitter account that has been active since mid-2017, affects all parties in parliament except the far-right Alternative…
News | New York Post

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Disgraced German journalist now suspected of charity scam

An award-winning German magazine writer who resigned in disgrace for making up stories is suspected of embezzling cash he collected on behalf of children orphaned by the war in Syria, according to his former employer. Der Spiegel said Sunday it had uncovered information that Claas Relotius allegedly solicited contributions after writing an article about Syrian…
Media | New York Post

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German Investor Confidence Unexpectedly Improves Amid Brexit, Trade Risks: ZEW

German investor confidence rose strongly in December, defying expectations for a modest weakening, but caution prevailed as financial analysts’ assessment of the current economic situation again deteriorated sharply due to sluggish economic growth and uncertainties linked to global trade and Brexit. The ZEW Indicator of Economic Sentiment for Germany rose 6.6 points to reach minus 17.5 points.
RTT – Economic News

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London to lose $900 billion to Frankfurt due to Brexit, German finance group claims

Lobby group Frankfurt Main Finance claims London's financial sector is poised to lose billions of euros in assets by March 2019.
Economy

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German watchdog asks Deutsche for information on Danske: source

Germany’s financial watchdog has asked Deutsche Bank to provide information on its dealings with Danske Bank , which is caught up in money laundering allegations, a source close to the matter said on Tuesday.


Reuters: Business News

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German Crypto Exchange Bitcoin Group SE Buys Investment Bank Tremmel

German cryptocurrency exchange Bitcoin Group SE acquired investment bank Tremmel Wertpapierhandelsbank GmbH, aiming to significantly expand its service portfolio. The purchase price was not disclosed, but the company said it is in the lower seven-digit euro range. With the acquisition, Bitcoin Group expects to obtain the use of Tremmel’s banking license.
RTT – Top Story

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Concerned woman calls 911, saves German hiker

Associated Press

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