Germany

Germany's crisis-hit BayernLB to axe every fourth job

BayernLB LogoMunich - Hard-hit by the global financial crisis, German state-owned bank Bayerische Landesbank is planning to axe about every fourth job as it launches a new restructuring drive, banking industry sources told Deutsche Presse-Agentur dpa on Monday.

The 5,600 job cuts in its workforce of 19,000 are to fall both in the Munich-based BayernLB's domestic and international operations.

The ailing bank said in October that was tapping the Federal Government's special 500-billion-euro (645-billion-dollar) bank rescue package to help it limp through the financial crisis. The bank is half-owned by the Bavarian state government.

Merkel calls for infrastructure investment in Germany

Angela MerkelStuttgart - German Chancellor Angela Merkel called Monday for investment in Germany's infrastructure, including the internet and highways, as a means to beat the financial crisis, but rejected immediate tax cuts.

She appealed for unity in her party, the Christian Democratic Union (CDU), ahead of a general election in September.

She was addressing a two-day party conference in Stuttgart amid deep divisions over how Germany should come to grips with the worst financial upheaval in decades.

Heidi Klum sues party promoter €143,000 for featuring her on flyer

Berlin, Dec 1 : German/American model Heidi Klum has sued party promoter Heinz F. from Chemnitz (Germany), 143,000 euros after he used her face for a party flyer without her permission.

Klum, 35, sued 44-year-old Heinz F.''s company after she saw the printed picture of woman, who reportedly looks like her, on the flyer advertising a dance night at a club and on a website.

The model’s father, who is also her manager, sent Heinz F. a preliminary injunction and a bill and he is now facing a hearing at the district court in Chemnitz.

Mobile phone cameras no substitute for digital cameras

Mobile phone cameras no substitute for digital cameras Hamburg  - Even though modern mobile phones can take good photos, they are no match for a good digital camera, according to a test by Germany's Computer Bild magazine.

The test compared six mobile phone cameras ranging in price from 170 to 500 euros (229 dollars to 675 dollars) and Sony's DSC-H3 camera, which costs just under 280 euros.

The best camera scored a good grade of 2.3. Nonetheless, the best mobile phone, the Nokia 6220 Classic, scored a satisfactory grade of 3.4.

Video disc recorders do far more than just copy TV programs

Hamburg  - Avid TV fans, who do not want to miss an episode of their favourite programmes, are now in a conundrum over video disc recorders.

Online drives are unsuitable for storing sensitive data

Duesseldorf, Germany  - Sensitive data should not be stored online, Germany's PC Praxis magazine reported.

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