Study shows that adventure shapes the individual

The act of exploring helps shape the brain and adventuring is what makes each individual different, according to a study out Thursday by researchers in Germany.

The act of exploring helps shape the brain and adventuring is what makes each individual different, according to a study out Thursday by researchers in Germany.

German flag carrier Lufthansa said that most of its domestic, European and long-haul flights would be canceled on Monday due to strike action by ground personnel and cabin crews.

German engineering giant Siemens said Thursday it is planning to cut over 3,000 jobs in its industrial division as part of a vast plan to save six billion euros ($8 billion) as it faces falling profits.

German car parts supplier Bosch said Friday it plans to discontinue its solar panel manufacturing business because overcapacity in the industry has caused prices to nosedive.

German airline Lufthansa said Wednesday it will cancel nearly 500 European flights on Thursday owing to planned warning strikes by ground staff and other divisions within the group.

German top-of-the-range carmaker BMW said on Thursday that 2012 had been the best year in the company’s history and forecast further sales growth this year.

German light bulb maker Osram, soon to be spun off by its parent company, engineering giant Siemens, said on Thursday it was selling a factory in China as part of a drive to slash 8,000 jobs worldwide.
Now is a good time to invest in the Philippines and increase bilateral trade with Germany, according to the German Philippine Chamber of Commerce and Industry (GPCCI).

The Philippines remains a lucrative market for Germany-based technology providers looking for opportunities in the local renewable energy industry, specifically in the biomass and biogas sectors.

Chancellor Angela Merkel warned Germans that the economy, Europe’s biggest, would experience a harder time next year than in 2012 and cautioned too that the eurozone debt crisis was far from over.

Europe is in recession, but the majority of companies in Germany, the region’s top economy, are continuing to defy the crisis, with strong and often better-than-expected results in the third quarter.

US auto giant Ford, a day after announcing the closure of a key plant in Belgium, said Thursday it will shut down two British factories as well in a bid to steer its European operations back to profit.