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Pimco takes personal swipe at Bill Gross

By Jennifer Ablan Sept 28 (Reuters) – Pimco is moving away from a founder-led model and the $2 trillion asset manager’s flagship fund, formerly run by co-founder Bill Gross “does not define Pimco,” CEO...

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Pimco offers special post-gross bonus to retain talent

Pacific Investment Management Co. introduced a 225 million-euro ($279 million) award program to retain top talent after the surprise departure of Bill Gross. Pimco, a unit of Munich-based Allianz SE...

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Football – German striker makes history, plays again with defibrillator

All credit to German footballer Daniel Engelbrecht who has had a defibrillator fitted so he can return to play the beautiful game.  Engelbrecht collapsed and nearly died  16 months ago from heart...

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German woman lived with mummified mother for five years

From Agence France-Presse A German woman lived for more than five years with the corpse of her mother, whose mummified remains were discovered last week, a news report said Monday. The daughter, 55,...

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Pegida draws big crowds to German anti-Islam rally – four times more at...

You can read this story two ways. The fact 25 000 Germans turned out for an anti-Muslim rally will be deeply concerning to any open minded person. That 100 000 joined counter-rallies is heartening....

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WEF 2015: Thirty top cities for real estate investment

By Colin Dyer* Global direct real estate investment returned to pre-recession levels in 2014 and should reach about $1 trillion annually within five years. Driven by a strengthening global economic...

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Mark and Brett Levy talk Blue Label interims and ‘that’ elusive deal

With revenue up 14 percent to more than R10bn and headline earnings per share, at 42 cents Blue Label Telecoms, joint Executive Officers, Mark and Brett Levy, joined Alec Hogg and Gugulethu Cele on...

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Full update: Germanwings Airbus A320 crash in France; survivors unlikely

A family member of a passenger killed in Germanwings plane crash reacts as he arrives at Barcelona’s El Prat airport March 24, 2015. An Airbus operated by Lufthansa’s Germanwings budget airline...

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Munich owns up to its past with Nazi museum  

From our perspective in South Africa – where arch imperialist Cecil John Rhodes has been the focus of so much anger recently – this museum is such a fascinating turn of events for the city of Munich....

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Motoring enthusiasts dream: A trip to the BMW Museum (in Germany)

By Craig Watson Going to Europe is always a privilege, but for car fans, a visit to Germany must rank as somewhat of a pilgrimage; I know I viewed my visit to the BMW Museum and BMW Welt in Munich as...

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