Frankfurt

Business News: United Airlines Announces New Nonstop Service Between Denver and Frankfurt, Germany

DENVER, CO – United Airlines (UAL), the U.S. carrier with the most service to Germany, today announced it will begin its 15th daily nonstop flight between the United States and Germany from its hub at Denver International Airport.  The airline announced it will begin year-round service between Denver and Frankfurt, Germany, beginning May 2, 2019, … Continue reading Business News: United Airlines Announces New Nonstop Service Between Denver and Frankfurt, Germany

FRANKFURT, Germany | Oil plunge could help US consumers, some emerging markets

FRANKFURT, Germany— Holiday shoppers should enjoy more spending power thanks to the recent sharp drop in oil prices, though cheaper energy could also weigh on the U.S. economy by dampening investment in shale oil production. While the fall in oil prices doesn’t yet match the 2014-2016 slump to $26 per barrel, the current decline should … Continue reading FRANKFURT, Germany | Oil plunge could help US consumers, some emerging markets

FRANKFURT, Germany | Draghi: eurozone economy ‘resilient’ despite trade slowdown

FRANKFURT, Germany — European Central Bank head Mario Draghi warns that slowing world trade is proving to be a drag on the eurozone economy but says the current expansion remains “resilient” as consumers at home remain willing to spend and unemployment falls thanks to pro-business reforms. Draghi said in a speech Friday in Frankfurt that … Continue reading FRANKFURT, Germany | Draghi: eurozone economy ‘resilient’ despite trade slowdown

FRANKFURT, Germany | EU stress tests show banks more robust against a crisis

FRANKFURT, Germany — The European Central Bank says a continent-wide stress test shows banks are more resilient against financial panics than they were in the last set of tests two years ago. The ECB says 33 big banks it supervises came through a simulated recession and market crash and were left with thicker financial buffers … Continue reading FRANKFURT, Germany | EU stress tests show banks more robust against a crisis

FRANKFURT, Germany | Volkswagen profit rises despite emissions certification woes

FRANKFURT, Germany— Volkswagen saw net profit more than double in the third quarter even as sales fell due to delays certifying vehicles for new emissions tests. Profit rose to 2.76 billion euros ($3.14 billion) from an adjusted figure of 1.07 billion in the year-ago quarter. Sales revenue rose 0.9 percent to 55.2 billion euros. Vehicles … Continue reading FRANKFURT, Germany | Volkswagen profit rises despite emissions certification woes

FRANKFURT, Germany | European Leagues urge UEFA to make Champions League fairer

FRANKFURT, Germany  — The European Leagues group has urged UEFA to allocate club competition entries and billions in Champions League prize money more fairly. The proposal on Friday includes reversing changes made this season giving four guaranteed Champions League entries to Spain, England, Italy, and Germany, plus more guaranteed prize money to storied clubs with … Continue reading FRANKFURT, Germany | European Leagues urge UEFA to make Champions League fairer

FRANKFURT, Germany | German financial center of Frankfurt unveils new ‘Old City’

FRANKFURT, Germany — Germany’s financial capital of Frankfurt has unveiled its new “Old City” — 35 buildings reproduced in part an area that was destroyed during World War II bombings. Mayor Peter Feldmann officially opened the 200 million-euro ($234 million) project on Friday, declaring that “we are giving the city its heart and soul back.” … Continue reading FRANKFURT, Germany | German financial center of Frankfurt unveils new ‘Old City’

FRANKFURT, Germany | BMW expects hit from trade dispute and emissions tests

FRANKFURT, Germany — German luxury automaker BMW said Tuesday that its profits and sales will fall short of its forecasts this year, saying that fear of international trade conflicts has weighed on pricing and citing the impact of new emissions tests on European markets. The profit warning — the second from a major German automaker … Continue reading FRANKFURT, Germany | BMW expects hit from trade dispute and emissions tests