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“#Death toll from devastating floods in Europe tops 100” The death toll from devastating floods across parts of western Europe soared to at least 108 on Friday — most in western Germany, where emergency responders were frantically searching for about 1,300 people, officials said. Authorities said efforts to contact the missing people could be hampered…
“# 21Shares partners with German brokerage to offer crypto ETPs for savings accounts ” Investment product issuer 21Shares has joined forces with comdirect, a leading online brokerage in Germany, to bring its cryptocurrency exchange-traded products, or ETPs, to savings accounts. The partnership means that comdirect’s nearly 3 million customers will be able to integrate physically-backed…
“#EU fines German car makers $1B over emission collusion” BRUSSELS — The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to…
“#World record as tightrope walkers cross Swedish Arctic valley 600m up” STOCKHOLM, July 7 – Four German tightrope walkers have set a new world-highlining distance record by crossing a 2.1 km-long (1.3-mile) valley in Swedish lapland on a line suspended at a height of 600 meters (1,968 feet). Reuters’ video footage showed a barefoot man…
“#Air taxi startup Volocopter gains key production certification” Enlarge Image A prototype of an electrical air-taxi drone by German start-up Volocopter that takes off and lands vertically performs a non-passenger flight over Le Bourget airport, near Paris, France, June 21, 2021. REUTERS BERLIN – German flying taxi startup Volocopter said on Tuesday it was acquiring long-time partner DG Flugzeugbau,…
“#Biden picks former boss at UPenn to be ambassador to Germany” President Biden’s nominee to be the next ambassador to Germany is an Ivy League president whose university paid him nearly $1 million for an honorary professor gig where he was seldom seen, it was revealed Friday. University of Pennsylvania President Amy Gutmann, who has…
“#German sex workers dealt a serious blow by COVID-19 pandemic” BERLIN (AP) — The number of people registered as sex workers with German authorities declined sharply last year as coronavirus restrictions shut brothels for months, official data showed Thursday. Legislation in 2002 legalized and regulated prostitution in Germany, giving sex workers social benefits, and they…
“# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges ” The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to…
“# Deutsche Boerse acquires majority ownership of Crypto Finance AG ” Deutsche Boerse has acquired a majority stake in Crypto Finance AG — a Swiss digital asset firm. According to a release issued on Tuesday, the German stock exchange operator has bought a two-thirds stake in the digital asset company. Though the financial details of…
“# Germany’s financial watchdog approves crypto custody license for Coinbase ” The Federal Financial Supervisory Authority has issued a crypto custody business license for Coinbase’s Germany arm. In a Monday announcement, Germany’s Federal Financial Supervisory Authority, also known as BaFin, said it had issued Coinbase the first such license for a crypto exchange related to…