Sueddeutsche Zeitung News
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For 60 years, the name of Berthold Beitz has been synonymous with Germany’s biggest steelmaker, ThyssenKrupp AG, at first for his role in rebuilding the former arms supplier and helping it break with its Nazi past.
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Germany’s Greens party backed a campaign platform of tax increases that members of Chancellor Angela Merkel’s Christian Democratic bloc said rules out a coalition after national elections in September.
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Germany’s finance industry regulator Bafin will examine the businesses that banks conduct offshore as part of efforts to crack down on tax evasion.
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Volkswagen AG and Francisco Javier Garcia Sanz, a member of its management board, are under investigation by German prosecutors over allegations they failed to prevent corruption at the company.
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Daimler AG and other global automakers, already predicting a drop in European deliveries of as much as 5 percent this year, will probably have to lower their forecasts after demand in Germany dropped the most in 2 1/2 years last month.
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Germany plans to probe 50 former guards of the Nazi extermination camp Auschwitz, Sueddeutsche Zeitung reported, citing Kurt Schrimm, chief prosecutor at the nation’s central Nazi crime investigation unit.
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Ferrostaal AG paid bribes to officials in Libya between 2000 and 2007, Sueddeutsche Zeitung reported, citing a company investigation conducted by law firm Debevoise & Plimpton LLP.
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Germany’s Finance Ministry urged media in possession of information on tax havens to make the documents available, saying that it assumes they will want to help authorities investigate possible tax evaders.
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Brazil’s Deputy Foreign Minister Antonio de Aguiar Patriota said the country’s plan to develop offshore oilfields is unaffected by the spill in the Gulf of Mexico, Sueddeutsche Zeitung reported.
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Iran has tested detonators for a nuclear bomb, Sueddeutsche Zeitung reported in an e-mailed preview of an article to be published today,
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