Germany

LONDON | The Latest: Germany says UK Cabinet Brexit OK ‘great relief’

LONDON — The Latest on Brexit negotiations (all times local): 9:10 p.m. German Foreign Minister Heiko Maas says “it’s a great relief” the UK Cabinet and the European Union’s top executive have accepted the draft Brexit deal. Maas said in a statement late Wednesday that after “after months of uncertainty we now finally have a … Continue reading LONDON | The Latest: Germany says UK Cabinet Brexit OK ‘great relief’

FRANKFURT, Germany | BMW earnings fall amid market turmoil over emissions tests

FRANKFURT, Germany — Germany luxury automaker BMW says net profit fell 24 percent in the third quarter as the company faced market disruptions caused by other companies failing to get vehicles certified for new European Union emissions tests. The Munich-based automaker also said it was spending more to develop the electric and autonomous vehicle technologies … Continue reading FRANKFURT, Germany | BMW earnings fall amid market turmoil over emissions tests

MUENSTER, Germany | Former Nazi SS camp guard, 94, faces trial in Germany

MUENSTER, Germany — A former SS guard at the Nazis’ Stutthof concentration camp is going on trial in Germany on charges of being an accessory to murder. Johann Rehbogen, 94, is accused of working as a guard in the camp east of Danzig, which today is the Polish city of Gdansk, from June 1942 to … Continue reading MUENSTER, Germany | Former Nazi SS camp guard, 94, faces trial in Germany

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

SOELDEN, Austria | Brignone leads season-opening GS after 1st run, Shiffrin 4th

SOELDEN, Austria — Tessa Worley has won the season-opening women’s World Cup giant slalom in difficult weather conditions on Saturday. The world champion from France was four tenths of a second off the lead after the first run but posted the fastest time in the final run. Worley beat first-run leader Federica Brignone of Italy … Continue reading SOELDEN, Austria | Brignone leads season-opening GS after 1st run, Shiffrin 4th

BERLIN | Cry me a river: Low water levels causing chaos in Germany

BERLIN  — A new island in Lake Constance. A river in Berlin flowing backward. Dead fish on the banks of lakes and ponds. Barges barely loaded so they don’t run aground. A hot, dry summer has left German rivers and lakes at record low water levels, causing chaos for the inland shipping industry, environmental damage … Continue reading BERLIN | Cry me a river: Low water levels causing chaos in Germany

FRANKFURT, Germany | Daimler net profit falls 21 percent in third quarter

FRANKFURT, Germany— German automaker Daimler AG says net profit fell 21 percent in the third quarter as the company faced backlogs registering vehicles under new emissions rules. The company said Thursday that net profit fell to 1.76 billion euros ($2.01 billion) from 2.24 billion euros in the year-ago quarter. Revenue fell 1 percent to 40.2 … Continue reading FRANKFURT, Germany | Daimler net profit falls 21 percent in third quarter