Latest Frankfurt News
As world's central banks wrestle with when to cut rates, Europe signals it's ready to move
FRANKFURT, Germany (AP) — The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich world's central banks, including the U.S. Federal Reserve, wrestle with how soon declining inflation will let them lower credit costs for business...
European Central Bank leaves rates unchanged as world's central banks wrestle with when to cut
Trial of most prominent suspects in alleged German coup plot to open next month
BERLIN (AP) — Nine suspects, among them a self-styled prince and a former far-right lawmaker, will go on trial next month in the most prominent of three cases connected to an alleged plot to topple the German government that came to light in late 2022, a court said Tuesday. The...
Police step up security at Munich stadium ahead of Bayern Munich-Borussia Dortmund soccer match
FRANKFURT, Germany (AP) — Police in Munich said Saturday they stepped up security measures ahead of the Bayern Munich-Borussia Dortmund soccer match amid reports of threatening material online, but add that no concrete plans for an attack had been detected. The Munich police...
German authorities shut down online marketplace for drugs, data and cybercrime services
BERLIN (AP) — German authorities said Thursday they have taken down a major online marketplace for drugs, cybercrime services and fraudulently obtained credit card data. Investigators seized the Nemesis Market platform's server infrastructure in Germany and Lithuania on Wednesday,...
European Central Bank holds key interest rate at a record-high 4% even as borrowing costs weigh on the stalled economy
Eurozone inflation eases to 2.6% in February as energy prices fall and food inflation moderates
Germany's Lufthansa cancels hundreds of flights as its ground staff strike for a day at 5 airports
BERLIN (AP) — Ground staff for Lufthansa walked off the job at five major German airports on Wednesday, causing the airline to cancel hundreds of flights. The Ver.di union called on ground staff at Frankfurt and Munich, Lufthansa's two main hubs, as well as Berlin, Duesseldorf and...
Deutsche Bank: Q4 Earnings Snapshot
FRANKFURT, Germany (AP) — FRANKFURT, Germany (AP) — Deutsche Bank AG (DB) on Friday reported net income of $1.51 billion in its fourth quarter. The Frankfurt, Germany-based bank said it had earnings of 72 cents per share. The bank posted revenue of $15.57 billion...
Strike by security staff at most major German airports cancels hundreds of flights
BERLIN (AP) — Security workers at most of Germany's major airports walked off the job Thursday in a one-day strike to step up pressure in a pay dispute, prompting widespread flight cancellations. The ver.di union, which announced the walkout on Tuesday afternoon, called on workers...