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Thyssenkrupp profits fall as restructuring looms

21 November 2018 | 0 comments

German industrial conglomerate Thyssenkrupp reported a sharp fall in annual profits Wednesday after months of boardroom turmoil and a cartel probe, as it prepares to tackle a massive restructuring.The...

French banker in Greek corruption trial flees house arrest

20 November 2018 | 0 comments

A French banker who is a witness in a major Greek corruption trial was missing Tuesday after violating his house arrest, the justice ministry said.Jean-Claude Oswald, 58, cut through his ankle monitor...

Austrian Airlines jet turns back due to smoke in cockpit

20 November 2018 | 0 comments

An Austrian Airlines plane flying from Vienna to Frankfurt had to turn back shortly after take-off due to smoke in the cockpit, the carrier said on Tuesday.Confirming a report on the specialist website,...

Deutsche Bank shares get caught in Danske maelstrom

20 November 2018 | 0 comments

Shares in Germany's biggest lender Deutsche Bank tumbled Tuesday over fears it may be tied to a money laundering scandal at Danske Bank.Stock in the Frankfurt institution shed 4.6 percent by 4:10 pm (1510...

Siemens to build new London Underground trains

20 November 2018 | 0 comments

German manufacturing conglomerate Siemens will build almost 100 new trains to replace the decades-old rolling stock on London Underground's Piccadilly Line, the group said in a statement Tuesday."London...

BASF bets on China to power growth

20 November 2018 | 0 comments

German chemicals giant BASF said Tuesday that it would massively expand its operations in China, betting on steady growth in the world's second largest economy to lift profits in coming years.The group...

German priest blows parish cash in online lottery scam

19 November 2018 | 0 comments

A Catholic priest in Germany, lured by a get-rich-quick Internet scam, has admitted to embezzling a small fortune from his parish, a diocese spokeswoman said Monday.The preacher in the central Harz Mountains...

Prosecutors demand life for Dortmund bus bomber

19 November 2018 | 0 comments

German prosecutors asked a court Monday to sentence a man accused of an April 2017 bomb attack on Borussia Dortmund's team bus to life in prison.Defendant Sergej Wenergold committed almost 30 attempted...

Eurogroup chief sees 'breakthrough' in Franco-German budget bid

19 November 2018 | 0 comments

Eurogroup chief Mario Centeno on Monday hoped a proposal by France and Germany on a eurozone budget was the much-needed breakthrough in a faltering reform drive but the Netherlands expressed major doubts.Eurozone...

Germany says will bar 18 Saudis over Khashoggi murder

19 November 2018 | 0 comments

Germany will bar 18 Saudis from entering its territory and Europe's Schengen passport-free zone over their alleged links to the murder of Jamal Khashoggi, Foreign Minister Heiko Maas said Monday.Maas...

Macron urges European revival to prevent global 'chaos'

18 November 2018 | 0 comments

French President Emmanuel Macron said Sunday in Berlin that Europe must grow stronger and more sovereign in order to fulfil its duty of preventing "chaos" in global affairs."Europe, and within it the...

Macron, Merkel meet amid WWI centenary debate on European army

18 November 2018 | 0 comments

The leaders of France and Germany meet in Berlin on Sunday to jointly remember the victims of European wars, presenting also a united front in countering global turmoil stoked by the mercurial US President...

US promises Ukraine to fight Russian pipeline to Germany

16 November 2018 | 0 comments

US Secretary of State Mike Pompeo on Friday promised Ukraine to fight the planned Nord Stream 2 gas pipeline from Russia to Germany, saying the project undermined European security.Pompeo said Ukraine...

Paris, Berlin agree on future eurozone budget: French ministry source

16 November 2018 | 0 comments

France and Germany have agreed on the broad outlines of a proposed eurozone budget which they will present to EU finance ministers in Brussels on Monday, a French finance ministry source said.The common...

Macron and Merkel unite in struggle for Europe

16 November 2018 | 0 comments

Beleaguered at home, belittled abroad, Emmanuel Macron of France and Germany's Angela Merkel will use a Berlin meeting on Sunday to bolster their alliance as champions of a united Europe fraught with...



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