-
Defiant Pochettino ready for 'even greater' Portugal test
-
Rohit and Rickelton power Mumbai to IPL win over Kolkata
-
Russian tanker nears Cuba, defying US oil blockade
-
'Project Hail Mary' tops N. America box office for second week
-
Forty new migratory species win international protection: UN body
-
Freed whale gets stranded again on German coast
-
Ter Stegen's World Cup chances 'very slim', says Nagelsmann
-
Pakistan hosts Saudi, Turkey, Egypt for talks on Mideast war
-
Tudor leaves after just seven games as Spurs battle for survival
-
Philipsen sprints to In Flanders Fields victory
-
In Israel, air raid sirens spark anxiety and dilemmas
-
Iran accuses US of plotting ground attack despite diplomatic talk
-
Vingegaard clinches Tour of Catalonia victory
-
Despondent Verstappen questions Formula One future
-
Two more arrests over attempted attack on US bank HQ in Paris
-
Nepal's ex-PM attends court hearing in protest crackdown case
-
Iran parliament speaker says US planning ground attack
-
Despondent Verstappen says Red Bull woes 'not sustainable'
-
Piastri says Japan second place 'as good as a win' for McLaren
-
Nepal's former energy minister arrested in graft probe
-
IOC reinstating gender tests 'a disrespect for women' - Semenya
-
Youngest F1 title leader Antonelli to keep 'raising bar' after Japan win
-
High hopes at China's gateway to North Korea as trains resume
-
Antonelli wins in Japan to become youngest F1 championship leader
-
Mercedes' Antonelli wins Japanese Grand Prix to take lead
-
Germany's WWII munitions a toxic legacy on Baltic Sea floor
-
Iran claims aluminium plant attacks in Gulf as Houthis join war
-
North Korea's Kim oversees test of high-thrust engine: state media
-
Five Apple anecdotes as iPhone maker marks 50 years
-
'Excited' Buttler rejuvenated for IPL after horror T20 World Cup
-
Ship insurers juggle war risks for perilous Gulf route
-
Helplines buzz with alerts from seafarers trapped in war
-
Let's get physical: Singapore's seniors turn to parkour
-
Indian tile makers feel heat of Mideast war energy crunch
-
At 50, Apple confronts its next big challenge: AI
-
Houthis missile attacks on Israel widen Middle East war
-
Massive protests against Trump across US on 'No Kings' day
-
Struggling Force lament missed opportunities after Chiefs defeat
-
Lakers guard Doncic gets one-game ban for accumulated technicals
-
Houthis claim missile attacks on Israel, entering Middle East war
-
NBA Spurs stretch win streak to eight in rout of Bucks
-
US lose 5-2 to Belgium in rude awakening for World Cup hosts
-
Sabalenka sinks Gauff to win second straight Miami Open title
-
Lebanon kids struggle to keep up studies as war slams school doors shut
-
Cherry blossoms, kite-flying and 'No Kings' converge on Washington
-
Britain's Kerr to target El Guerrouj's mile world record
-
Sailboats carrying aid reach Cuba after going missing: AFP journalist
-
Pakistan to host Saudi, Turkey, Egypt for talks on Mideast war
-
Formidable Sinner faces Lehecka for second Miami Open title
-
Tuchel plays down Maguire's World Cup hopes
German giant Siemens to revive historic base in Berlin
German industrial giant Siemens on Tuesday launched an urban development project worth 4.5 billion euros ($4.8 billion) in the area of Berlin known as Siemensstadt, where the company enjoyed its pre-war heyday.
The Siemensstadt Square "district of the future" will include new living space for up to 7,000 people and create 20,000 additional jobs at the site, where Siemens still manufactures today, the company said.
Siemensstadt Square "aims to link the worlds of work and research, housing and life in a new way -- worlds that were already brought together in the historic Siemensstadt", Chancellor Olaf Scholz said at the launch of the project.
The development embodies "the future of Berlin and German industry", he said.
The 76-hectare site, due to be completed by 2035, will include homes, factories and research centres as well as offices, shops and educational, sports and leisure facilities.
The project is a way of "reconciling uses" and showing that "industrial activity still has a place in our cities", said Roland Busch, CEO of Siemens.
Siemens built a series of factories on the outskirts of Berlin at the turn of the 20th century, with thousands of employees working in them to produce cables, motors and electric pumps.
They were soon followed by housing for workers and the area became known as Siemensstadt (Siemens town) from 1914, a name it still bears today.
The area prospered until the 1930s but the destruction of World War II, the division of the city and then the building of the Berlin Wall in 1961 put the brakes on further development.
With some 380,000 employees, Siemens has in recent years refocused its business towards digital technology, moving away from the production of heavy industrial equipment.
In another sign of the changing times, the group will not be building housing for its employees in the new development as it did a century ago.
Instead, the 2,500 homes planned will be built by developers.
But Siemens is still billing the development as a return to its Berlin roots, stressing that the company's 750- million-euro contribution to the project is its "largest-ever single investment in Berlin".
L.Mesquita--PC