Edition:
International

Douglas Busvine

German archbishop to take 'spiritual time-out' after abuse scandal - Vatican

Sep 24 2021

ROME/BERLIN (Reuters) -The Roman Catholic Archbishop of Cologne will take a "spiritual time-out" from his duties after committing grave errors in a crisis over clerical sexual abuse, but will retain his post, the Vatican said on Friday.

Shareholders back Lakestar SPAC merger with Germany's HomeToGo

Sep 13 2021

BERLIN (Reuters) -Shareholders on Monday unanimously backed a merger between listed shell company Lakestar SPAC I and German travel tech startup HomeToGo, although proceeds from the deal were reduced by investor redemptions.

Deutsche Telekom lifts T-Mobile U.S. stake in SoftBank swap deal

Sep 07 2021

BERLIN/TOKYO Deutsche Telekom has struck a $7 billion share-swap deal with SoftBank Group to increase its stake in U.S. unit T-Mobile and sold its Dutch unit in a major shake-up that strengthens the German group's transatlantic focus. | Video

Qualtrics to hire 1,000 staff in EMEA push

Sep 06 2021

BERLIN, Sept 6 Qualtrics, the online survey company that floated on the U.S. stock market in January, said on Monday it would hire 1,000 employees in Europe to promote its flagship software that allows firms to gather feedback from customers and staff.

Vodafone and Deutsche Telekom's all-you-can-watch deals violate EU rules -court

Sep 02 2021

BERLIN (Reuters) -All-you-can-watch video products offered by Vodafone and Deutsche Telekom in Germany violated regional rules on roaming and net neutrality, the European Union's highest court ruled on Thursday.

Dating group ParshipMeet prepares for IPO in 2022 - sources

Sep 01 2021

(Removes attribution of statement on valuation in sixth paragraph)

Deutsche Telekom back in deal mode after strong results

Aug 12 2021

BERLIN Deutsche Telekom confirmed it was in active talks to sell its Dutch unit, signaling movement on Thursday on its portfolio of non-core assets as it reported a forecast-beating set of second-quarter results and raised its outlook.

AUTO1 raises revenue guidance after record sales

Aug 06 2021

BERLIN (Reuters) -German used-car platform AUTO1 Group SE on Friday reported record second-quarter revenue of more than 1 billion euros ($1.18 billion), buoyed by new retail brand Autohero.

UPDATE 1-AUTO1 raises revenue guidance after record sales

Aug 06 2021

BERLIN, Aug 6 German used-car platform AUTO1 Group SE on Friday reported record second-quarter revenue of more than 1 billion euros ($1.18 billion), buoyed by new retail brand Autohero.

RTL acquires Bertelsmann's Gruner + Jahr, CEO eyes ProSieben

Aug 06 2021

BERLIN European broadcaster RTL said its German unit would acquire publishing house Gruner + Jahr from its parent Bertelsmann for 230 million euros ($272 million), as it reported strong results and raised its guidance.

World News

Canada's Omicron travel ban disrupts residents heading home

Canada's ban on travelers from southern African countries and its refusal to recognize these countries' PCR tests, aimed at preventing the spread of the coronavirus Omicron variant, is an obstacle for Canadians heading home and increasing international pressure to reverse the measures.