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Advent considering joining Bain in pursuit of Osram: Bloomberg


VIENNA Private equity firm Advent International is in talks to join Bain Capital in its takeover bid for Germany's Osram , Bloomberg reported, citing people familiar with the matter, a move that could further fuel the bidding war for the lighting group.

A bridge too far: Dutch and British commemorate Operation Market Garden

EDE, Netherlands Operation Market Garden, the ultimately failed attempt to liberate the north of the Netherlands from Nazi Germany in September 1944, was commemorated by veterans and royalty in the Netherlands on Saturday.

World, 9:19am EDT

Factbox: Germany's climate protection package

BERLIN Germany's governing parties on Friday agreed a new climate protection package worth more than 50 billion euros ($55 billion) through 2023, including a domestic carbon price for transportation and heating in buildings.[L5N26B2FZ]

France, Germany closing in on arms exports pact

PARIS France and Germany said on Thursday they were close to an agreement on how to remove obstacles to exporting weapons manufactured in joint programs, after French firms called for easing German export restrictions.

World, France, Sep 19 2019

Germany expects tough EU talks on energy taxes to counter climate change

BERLIN Germany expects tough negotiations on the introduction of new energy taxes in the European Union, a senior official said on Thursday, as the bloc considers higher prices for carbon emissions as a way to achieve its climate protection targets.

Banker tells German fraud trial he made millions from 'astronomical' trades

BONN A British investment banker at the center of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "astronomical" trades that prosecutors say were a means to make bogus tax reclaims.

Sep 19 2019

France persuades Germany to consider EU carbon border tax

BERLIN France has convinced Germany to look into a European carbon border tax to protect companies investing in green technology from emission-intensive competition from abroad, a move that could heighten trade tensions with the United States.

France urges Germany to act on economy sooner rather later

PARIS Germany should act sooner rather than later to revive its flagging economy, France's finance minister said on Thursday, as he struggled to hide frustration with the pace of Berlin's efforts to engineer a recovery.

France, Campaign Finance Sep 19 2019

Tesla takes on Porsche with battle on Germany's toughest circuit

FRANKFURT Tesla wants to steal Porsche's bragging rights by testing its Model S on the northern loop of Germany's Nuerburgring circuit, using a marketing tool that German carmakers have long used to tout the superiority of their products.

Tech, Sep 18 2019

German carbon pricing plan may cost DAX companies billions: report

FRANKFURT Germany's blue-chip companies could face billions of euros in costs to cut carbon emissions under a climate protection plan due to be unveiled by the government on Friday, according to a study by asset manager Union Investment.


Iran says it will destroy any aggressor

DUBAI Iran will pursue any aggressor, even it carries out a limited attack, and seek to destroy it, the head of the elite Revolutionary Guards said on Saturday, after attacks on Saudi oil sites which Riyadh and U.S officials blamed on Tehran. | Video