Germany

Corporate Travel: Business Travelers and Hotels Worldwide Gain Momentum via HRS’ Clean & Safe Protocol

Two Months after Launch, the “Clean and Safe Protocol” from HRS and SGS Generates Positive Sentiment for 40,000+ Participating Hotels | Hotels with a “Clean and Safe” label are 35 percent more likely to get booked by business travelers COLOGNE– The “Clean and Safe Protocol” introduced by the leading corporate lodging platform HRS and Société Générale de Surveillance SA (SGS) in June ...

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Siemens profit falls on COVID-19 issues, taxes

Net profit came in at 535 million euros ($634 million) in the April-June quarter, down from 1.14 billion euros in the same quarter a year earlier. FRANKFURT, Germany: Siemens AG, maker of trains, power generation equipment and other heavy industrial goods, said Thursday that net profit fell by half due to higher taxes and losses at its Siemens Gamesa renewable energy arm related to the virus outbreak. ...

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IoT RFP kit for vision-based situational awareness applications

Congatec offers its new workload consolidation kit for vision-based situational awareness, qualified by Intel as Intel IoT RFP (Ready For Production) Kit. Based on a COM Express Type 6 module equipped with Intel Xeon E2 processor, the kit provides three VMs built on Real-Time Systems’ hypervisor technology for workload consolidation in vision applications. One VM runs a vision-based AI application ...

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congatec Releases New Ready For Production Kit

Congatec released its new workload consolidation kit for vision based situational awareness that is qualified by Intel as Intel IoT RFP (Ready For Production) Kit. The RFP kit, which is based on a COM Express Type 6 module, features three virtual machines built on real-time systems’ hypervisor technology in vision applications. According to the company, the real-time Systems based virtual ...

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Merkel cabinet shocks sector with proposal for negative bidding at offshore wind auctions

The German cabinet at the same time approves a 40GW target for wind at sea by 2040 that the industry welcomes Angela Merkel’s cabinet has approved an amendment to Germany’s Wind Energy at Sea Act that raises the country’s offshore wind target to 20GW by 2030 (from 15GW envisaged so far), and introduces a 40GW goal for 2040. But the ...

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Germany Drafts Offshore Wind Bill with 40 GW-by-2040 Goal, Dynamic Tendering Process

German Federal Ministry of Economy and Energy has issued a draft bill for an amendment of the Offshore Wind Act (WindSeeG), which outlines the country’s goal for 40 GW of offshore wind capacity by 2040. If enacted, the bill would also raise Germany’s current offshore wind target for 2030 from 15 GW to 20 GW. According to the document, setting the long-term ...

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Lufthansa completes €9bn rescue deal with German government

Lufthansa has agreed a €9 billion bailout with the German federal government as it sees to avoid financial collapse in the wake of the Covid-19 outbreak. The airline has been severely affected by a decline in travel during the pandemic. Under the plans, the Economic Stabilisation Fund (WSF) will take a 20 per cent stake in the airline, which it ...

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Coronavirus: Lufthansa agrees €9bn rescue deal with Germany

Lufthansa has agreed a rescue deal worth €9bn (£8bn) with the German government that saves it from collapse. The German airline has been severely affected by a decline in travel due to the coronavirus and closed its budget airline Germanwings in April . The German government will take a 20% stake in the firm, which it intends to sell by the end ...

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Announcement of a multi-ISIN auction – Reopening of two inflation-linked bonds of the Federal Republic of Germany

Announcement of a multi-ISIN auction Reopening of two inflation-linked bonds of the Federal Republic of Germany The German Federal Government will reopen the following inflation-linked bonds through a multi-ISIN auction on 5 May 2020: % inflation-linkedbond of the Federal Republic of Germany of 2014 (2030) ISIN DE0001030559Current volume: € 16.45 billionMaturity: 15 April 2030Interest payment: 15 April annuallyNext interest payment: 15 April ...

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