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Allianz upbeat after profits jump on fewer disasters

9 November 2018 | 0 comments

German insurance giant Allianz on Friday confirmed its full-year outlook after a "strong" third quarter boosted by lower claims for natural disasters.Net profit attributable to shareholders at the Munich-based...

Ryanair strikes deal with German cabin crew union

8 November 2018 | 0 comments

Ryanair has forged a preliminary labour agreement with German cabin crews, the low cost airline said Thursday, after strikes over employment contracts caused widespread disruption earlier this year.The...

Israel police say evidence to charge Netanyahu lawyer in bribery probe

8 November 2018 | 0 comments

Israeli police said Thursday there was evidence to charge a lawyer for Prime Minister Benjamin Netanyahu with bribery in a corruption probe, one of several cases that have put the premier's long tenure...

EPP picks Germany's Weber as lead EU election candidate

8 November 2018 | 0 comments

Delegates from Europe's EPP group of centre-right, conservative and Christian Democrat parties on Thursday chose German MEP Manfred Weber to lead them into next year's European election.According to official...

Germany starts mammoth trial over refugee centre abuses

8 November 2018 | 0 comments

Germany launched a mass trial Thursday of 30 defendants accused of brutally abusing asylum seekers in a refugee home in scenes that drew comparisons to the US prison camp in Guantanamo Bay.The mammoth...

German trade surplus narrows amid US trade battles

8 November 2018 | 0 comments

Germany said Thursday its trade surplus narrowed in September compared to a month earlier, with exports falling more than imports at a time of high tensions in global commerce.After calendar and seasonal...

German court orders diesel bans in Cologne, Bonn

8 November 2018 | 0 comments

A German court Thursday ordered Cologne and Bonn to join a slew of cities in banning older diesel vehicles from their roads to combat air pollution, as the government struggled to reach a deal with automakers...

Siemens optimistic for 2019 despite energy woes

8 November 2018 | 0 comments

Siemens on Thursday expressed optimism for the year ahead despite a "difficult environment" as the German industrial behemoth embarks on a revamp to counter falling demand for its large gas turbines.The...

Deutsche Telekom lifts outlook as US unit rings up profits

8 November 2018 | 0 comments

German communications giant Deutsche Telekom on Thursday again lifted its 2018 outlook after a strong third quarter powered by ongoing growth in US unit T-Mobile.The Bonn-based group said net profit from...

Commerzbank sticks to 2018 goals despite profit slump

8 November 2018 | 0 comments

Germany's second-largest lender Commerzbank said Thursday it was on track to meet its 2018 targets despite a slump in quarterly profits as the bank presses on with a major restructuring.The group posted...

Canada apologizes for turning away Jews fleeing Nazi Germany

7 November 2018 | 0 comments

Prime Minister Justin Trudeau apologized in parliament on Wednesday for Canada's refusal to admit Jewish asylum seekers fleeing Nazi Germany just months before the outbreak of World War II.On May 15,...

Favoured Merkel successor vows to pursue chancellor's path

7 November 2018 | 0 comments

German Chancellor Angela Merkel's favoured successor, Annegret Kramp-Karrenbauer, Wednesday presented herself as a moderate continuity candidate, refraining from criticism or bold new vision statements.The...

Trade rows, ageing workers shade German economy: 'wise men'

7 November 2018 | 0 comments

Germany's "wise men" council of economic experts on Wednesday sharply lowered its economic outlook as Europe's powerhouse battles headwinds from trade conflicts, Brexit uncertainty and an ageing population.The...

ECB taps Italy's Andrea Enria to head banking watchdog

7 November 2018 | 0 comments

The European Central Bank on Wednesday tapped Italy's Andrea Enria to become the next head of its banking watchdog, created to prevent a repeat of the eurozone debt crisis that nearly destroyed the euro.In...

November 9: a fateful day in German history

7 November 2018 | 0 comments

So many momentous events happened in Germany on November 9 during the 20th century that it has become known as the country's "day of fate".The date carries extra weight this year as it marks 100 years...



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