Transatlantic-News Ticker
Bayer Ordered to Pay $136.8 Million in U.S. Rice Case
(Reuters) - A unit of Germany's Bayer AG has been ordered by a court in Arkansas to pay $136.8 million to Riceland Foods over the contamination of U.S. long grain rice stocks with a genetically modified strain from Bayer that decimated exports more than four years ago....more
Nordex USA Enters Joint Venture With Beebe Community Wind Farm in Michigan
(Nordex) - Nordex USA Inc. has entered into a joint venture with Beebe Community Wind Farm LLC, a Michigan project developer, for the co-development and construction of a wind farm in Gratiot County, Michigan. The project was initiated in 2007 by Mark Hull, Principal...more
Multi-State Income Tax Issues for Businesses
(GACC Legal, V. 1/2010) - In the United States, state tax laws differ in many ways from the federal taxation laws. When operating a corporation in multiple state locations there is the need to understand “nexus”. Nexus is defined as the level of business activity that...more
“Lawyer's Without Rights” Exhibition Opens at American Bar Association Chicago
(germany.info) - The Bundesrechtsanwaltskammer (The German Federal Bar) presented the poignant exhibition “Lawyer's Without Rights – Jewish Lawyers in Germany under the Third Reich” on March 11, 2011, at the American Bar Association Headquarters in downtown Chicago....more
New Offshore Wind Park Confirms Germany’s Cleantech Lead
Berlin/Montréal (gtai) – Germany’s new offshore wind park off the Baltic Sea coast is set to enter the testing phase, adding yet another confirmation to Germany’s lead in renewable energy and environmental technologies. Moremore
Ontario Builds Charging Stations for Electric Vehicles
Toronto (gtai) - The province of Ontario would like to be ahead of the field in the race for implementing electric vehicles in Canada. This is why the province's government together with the service provider Better Place has started to build a network of charging...more
Canada Imports More Construction Equipment
Mississauga (gtai) - Canada's construction equipment sector is likely to grow further in 2011, albeit at a slower pace compared to the previous year. The pent-up demand after the recession as well as the government's multi-billion infrastructure stimulus package...more
AT&T to Buy T-Mobile USA for $39 Billion
(CNBC) - AT&T announced it would buy Deutsche Telekom's T-Mobile USA in a $39 billion cash-and-stock transaction that would create a new industry behemoth by combining two of the four largest U.S. wireless carriers. As part of the deal, Deutsche Telekom will get...more
Liberty Global Near Deal to Buy German Cable Firm
(Google) - US-based Liberty Global is near a deal to buy Kabel Baden-Wuerttemberg (KBW), Germany's third-largest cable television company, for approx. $4.5 billion. It is reported that private equity firms CVC Capital Partners and Hellman & Friedman were also...more
German Exports Grew Significantly in 2010
(AUMA) - In 2010, German exports grew by 18.5% compared to 2009, as announced by the German Federal Statistical Office (Destatis) in February 2011 based on preliminary results. In total, Germany exported goods amounting to EUR 951.9 billion. Full German...more
