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Top Democratic lawmakers seek probe into Deutsche Bank controls

Two top Democratic US senators called for the Senate to open an investigation into Germany’s Deutsche Bank (DBKGn.DE) over its compliance with US anti-money laundering and bank secrecy laws. Senators Elizabeth Warren and Chris Van Hollen said in a statement that they had written to the chair of the Senate Banking Committee asking for the probe in light of investigations ... Read More »

EU opens $22 billion Vodafone, Liberty Global deal inquiry

BRUSSELS: Vodafone’s (VOD.L) purchase of Liberty Global’s (LBTYA.O) assets in Germany and east Europe may damage competition in Germany and the Czech Republic, EU antitrust regulators said, as they opened a full-scale probe into the $21.8 billion deal. The deal between the world’s second-largest mobile operator and U.S. cable pioneer John Malone’s Liberty would enable Vodafone to compete more effectively ... Read More »

Lower drug sales potential at Bayer underscores need for deals

FRANKFURT: Germany’s Bayer which acquired seed company Monsanto this year, reduced its combined sales estimate for its most promising experimental drugs, acknowledging it needs to do more to replenish the development pipeline. At its capital markets day in London on Wednesday, it said the tally of peak sales potential of its five most promising drugs was more than 3.75 billion ... Read More »

Germany Arrests Russian for Smuggling 12 Million Cigarettes

Berlin (AP): German police say they have arrested a Russian man suspected of smuggling some 12 million cigarettes into the country over two years. Federal police say the 43-year-old, who was not identified, was detained in the northern port city of Kiel during a routine check. They said in a statement that he is accused of smuggling the cigarettes into ... Read More »

German health minister calls for faster adoption of biosimilar drugs

FRANKFURT: Germany’s health minister Jens Spahn has called for faster adoption of cheaper copies of biotech drugs to treat cancer and autoimmune diseases to reign in rising public healthcare costs. “Where there is a more affordable alternative at the same quality, we have to use it,” Spahn, who is vying to succeed German Chancellor Angela Merkel as leader of the ... Read More »

German police smash people-smuggling ring

Authorities allege that a number of Indian nationals sought residency in Germany using falsified Greek visas and fake marriage certificates claiming they had Romanian brides. The key suspect faces serious charges. German federal police arrested the alleged head of a human-trafficking ring in the western city of Essen. The 21-year-old Indian national faces charges of running a commercially sized people-smuggling ... Read More »

Albania arrests 27, targets gangs smuggling drugs to Germany

Albanian police arrested 27 people and seized narcotics and weapons on Sunday during a crackdown on gangs smuggling heroin into Germany, authorities said. More than 1,500 officers raided properties across the country, which has promised to boost its crime-fighting efforts as part of its bid to join the European Union. Days earlier, police raided a heroin lab in the mountainous ... Read More »

‘Germany WANT Brexit deal’ Berlin business starting to ‘believe’ no deal is possible

Theresa May travelled to Brussels to discuss the state of Brexit negotiations with fellow EU leaders. Mrs May, who has vowed to stick by her controversial Brexit blueprint, insisted before the meeting that a Brexit deal was still possible. Speaking before the meeting German Chancellor Angela Merkel spoke positively about a Brexit deal being agreed soon, despite preparing her country ... Read More »

Police raid migrant smuggling network with connections to far-right

800 police officers searched buildings in northern and central Germany where several suspects are said to have smuggled foreigners into Germany with fake documents. Some suspects are alleged to be connected to the alt-right Reichsbürger movement. With 800 officers, the federal police searched apartments and offices in more than a dozen locations in northern and central Germany on Monday, including ... Read More »

Germany arrests Albanian over record cocaine smuggling

An Albanian businessman suspected of being involved in smuggling a record 613 kilos (1351 pounds) of Colombian cocaine in a cargo of bananas was arrested in Germany on Friday, police in Tirana said. The drugs haul, with a market value estimated at €180 million ($215 million), was discovered in February in a container that arrived from Colombia, via Italy, to ... Read More »

Germany: Indian arrested on suspicion of human smuggling

A 21-year-old Indian National was arrested on Wednesday during a series of raids targeting a human smuggling ring, German police and prosecutors said. German authorities conducted the raids in six towns in the western state of North Rhine Westphalia during which another six Indian nationals brought to Germany illegally were taken into custody. The 21-year-old is suspected of providing false ... Read More »

Germany arrests Albanian over record cocaine smuggling

An Albanian businessman suspected of being involved in smuggling a record 613 kilos (1351 pounds) of Colombian cocaine in a cargo of bananas was arrested in Germany on Friday, police in Tirana said. The drugs haul, with a market value estimated at €180 million ($215 million), was discovered in February in a container that arrived from Colombia, via Italy, to ... Read More »

German police arrest 2 Vietnamese in people smuggling raids

Officers seized wedding rings, identity documents, phones and cash worth more than $30,000. Police raided 20 flats in Berlin and Brandenburg on Tuesday and arrested three men suspected of being members of a gang smuggling Vietnamese people into Germany, officers said. The men, two aged 57 and 35 from Vietnam and one 26-year-old German, were suspected of arranging fake marriages ... Read More »

Germany Extradites Cocaine Smuggling Suspect to Russia

A German court has reportedly extradited the suspected mastermind of a busted South American cocaine-smuggling operation to Russia. Five people were arrested in February following a year-long investigation after more than 350 kilograms of cocaine were discovered at the school grounds of the Russian Embassy in Argentina. Andrei Kovalchuk, who is suspected of being the supplier of the drugs, was ... Read More »

Germany arrests Albanian over record cocaine smuggling

An Albanian businessman suspected of being involved in smuggling a record 613 kilos (1351 pounds) of Colombian cocaine in a cargo of bananas was arrested in Germany on Friday, police in Tirana said. The drugs haul, with a market value estimated at €180 million ($215 million), was discovered in February in a container that arrived from Colombia, via Italy, to ... Read More »

Police raid migrant smuggling network with connections to far-right

800 police officers searched buildings in northern and central Germany where several suspects are said to have smuggled foreigners into Germany with fake documents. Some suspects are alleged to be connected to the alt-right Reichsbürger movement. With 800 officers, the federal police searched apartments and offices in more than a dozen locations in northern and central Germany on Monday evening ... Read More »

Germany confirms aid for animal feed after drought

BERLIN: Germany has confirmed it will relax some environmental conservation rules to help farmers overcome a sharp rise in animal feed prices after this summer’s drought, the agriculture minister said on Wednesday. Agriculture Minister Julia Kloeckner also said she would await official crop figures before deciding on a response to calls for 1 billion euros ($1.13 billion) in crisis state ... Read More »

Germany arrests Albanian over record cocaine smuggling

An Albanian businessman suspected of being involved in smuggling a record 613 kilos (1351 pounds) of Colombian cocaine in a cargo of bananas was arrested in Germany on Friday, police in Tirana said. The drugs haul, with a market value estimated at €180 million ($215 million), was discovered in a container that arrived from Colombia, via Italy, to the northern ... Read More »

Germany Extradites Cocaine Smuggling Suspect to Russia

A German court has reportedly extradited the suspected mastermind of a busted South American cocaine-smuggling operation to Russia. Five people were arrested in February following a year-long investigation after more than 350 kilograms of cocaine were discovered at the school grounds of the Russian Embassy in Argentina. Andrei Kovalchuk, who is suspected of being the supplier of the drugs, was ... Read More »

Germany arrests Albanian over record cocaine smuggling

An Albanian businessman suspected of being involved in smuggling a record 613 kilos (1351 pounds) of Colombian cocaine in a cargo of bananas was arrested in Germany, police in Tirana said. The drugs haul, with a market value estimated at €180 million ($215 million), was discovered in a container that arrived from Colombia, via Italy, to the northern port of ... Read More »