Latest Frankfurt News

European Central Bank holds key interest rate at a record-high 4% even as borrowing costs weigh on the stalled economy

Mar. 07, 2024 08:16 AM EST
FRANKFURT, Germany (AP) — 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

Mar. 01, 2024 05:10 AM EST
FRANKFURT, Germany (AP) — 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

Feb. 07, 2024 04:20 AM EST

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

Feb. 02, 2024 05:15 AM EST

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

Feb. 01, 2024 02:56 AM EST

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...

Union calls on security workers at most major German airports to strike on Thursday

Jan. 31, 2024 17:18 PM EST

BERLIN (AP) — A union has called on security staff at most of Germany's major airports to stage a one-day strike on Thursday as it steps up pressure on employers in a pay dispute. The ver.di union announced the strikes on Tuesday. It said the strike will affect Germany's busiest...

Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank

Jan. 25, 2024 11:28 AM EST

FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde pushed back Thursday against market expectations for quick interest rate cuts even as Europe’s economy sputters and financial markets froth in hopes of cheaper credit that would boost business activity and stock prices....

European Central Bank leaves its key interest rate untouched at a record-high 4%, while focus turns to timing of cuts

Jan. 25, 2024 08:22 AM EST
FRANKFURT, Germany (AP) — European Central Bank leaves its key interest rate untouched at a record-high 4%, while focus turns to timing of cuts.

Chiefs' Andy Reid and Travis Kelce not contemplating retirement any time soon

Jan. 11, 2024 15:07 PM EST

KANSAS CITY, Mo. (AP) — Chiefs coach Andy Reid doesn't sound as if he's ready to follow Bill Belichick and Pete Carroll into the next phase of his career. Nor does Kansas City tight end Travis Kelce, for that matter. After the announcement Thursday that Belichick was...

Dolphins visit KC in AFC wild-card rematch of Germany game won by Chiefs

Jan. 11, 2024 15:01 PM EST

MIAMI (11-6) at KANSAS CITY (11-6) Saturday 8 p.m. EST, Peacock OPENING LINE: Chiefs by 4, according to FanDuel Sportsbook. AGAINST THE SPREAD: Dolphins 10-7; Chiefs 9-7-1. SERIES RECORD: Tied 16-16. LAST MEETING: Chiefs...