Financial Times Deutschland, the unprofitable pink newspaper that was spun off from the U.K. title, was shuttered today, the latest victim of contracting circulation and advertising revenues as readers go online.
The mayor of the city-state of Hamburg, Social Democrat Olaf Scholz , has appointed the city’s new senate, Hamburger Abendblatt said in a preview of an article that will be published tomorrow, without saying where it got the information.
The German economy will probably grow more than 3 percent this year as the auto, engineering and chemical industries stay “strong,” Dieter Hundt, head of the BDA employers’ association, told Hamburger Abendblatt.
Immigration of workers to Germany stemming from the expiration of rules restricting movement among European Union countries will likely be limited to about 150,000 a year, Hamburger Abendblatt said in a preview of an article to appear in tomorrow’s edition, citing comments by Klaus Zimmermann , who heads the country’s Institute for the Study of Labor.
Douglas Holding AG’s Thalia book- selling unit plans to close about 15 of its more than 300 outlets because of competition from Amazon.com Inc., Hamburger Abendblatt reported, citing a letter to employees.
German Foreign Minister Guido Westerwelle said Greece should stay in the euro-area because a departure would create risks for the German economy and for Europe, the Hamburger Abendblatt reported, citing an interview.
The planned deepening of the River Elbe, to allow larger ships to call at the Port of Hamburg, is likely to begin in the spring, Hamburger Abendblatt reported today, citing Hamburg Business Minister Frank Horch.
British American Tobacco Plc plans to close its filter cigarillo plant in Bremen, Germany, by the end of 2014, which will affect 120 employees, Hamburger Abendblatt reported today, citing British American Tobacco.
Shipping volumes at Hamburg’s harbor rose about 11 percent to nearly six million standard containers in the first nine months of the year, Hamburger Abendblatt reported without citing the source of the information.