Photo of the day
Another world cup
A rapt audience of 15,000 watches people play the video game Counter-Strike in the Lanxess Arena in Cologne Sunday. The ESL One Cologne, now in its fifth year, is one of the world’s largest e-sports events. Source:
Family of the day
A new coffee heir?
Coffee king Albert Darboven, estranged from his son Arthur, wants to legally adopt Andreas Jacobs, the 54-year-old heir apparent of a rival coffee family, the newspaper BILD reported. Mr. Darboven is trying to get around a regulation that requires his successor be a family member. Source:
Number of the day
Karstadt + Kaufhof
If a joint venture of the department stores Kaufhof and Karstadt is approved by Germany’s cartel office, their annual revenue could total €4.6 billion ($5.4 billion). Owners Hudson’s Bay of Canada and Austria's Signa are cautiously negotiating the deal.
Quote of the day
Mobile payments still seem like science fiction in cash-loving Germany. But PayPal CEO Dan Schulman believes smartphones are the key to bringing the 2 billion unbanked people of the world into the financial system.