INSIDER
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs.
Europe's economy has enough difficulties, from tepid growth to trade tensions with the U.S. Dealing with those woes is only getting harder due to the political chaos in the two biggest European countries, France and Germany.
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars.
The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said Friday.
Ulrich Renz, a former head of The Associated Press German-language service who also covered trials of leaders of the Auschwitz death camp in World War II, has died at the age of 90.
U.N. Secretary-General Antonio Guterres urged delegates at a major biodiversity summit to follow through on pledges to help save global biodiversity and for the private sector to come on board.
The prominent American writer Anne Applebaum has urged continued support for Ukraine with weapons in accepting a prestigious German prize.
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning.
Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank’s target of 2% for the first time in more than three years.
Germany’s first hobby horsing championship has got underway in Frankfurt this weekend with hundreds of young riders competing in time jumping, style jumping and dressage on their wooden stick horses.
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers.
Volkswagen says it's not getting the cost reductions that it needs - and won't rule out plant closings in its home country Germany.
A total of 270 flights were canceled at Germany's busiest airports after environmental activists launched a coordinated effort to disrupt air travel across Europe at the height of the summer vacation season to highlight the threat posed by climate change.
Police in the German city of Frankfurt are investigating a video that appears to show a fan being punched and kicked while being detained by a group of Euro 2024 security personnel.
England star Jude Bellingham is being investigated by UEFA over a potentially offensive gesture made during a European Championship win against Slovakia.
Germany found a stoppage-time goal from substitute Niclas Füllkrug to draw 1-1 with Switzerland on Sunday and ensure the host nation finished top of its group.
England was far from convincing in a 1-1 draw with Denmark even if it likely ensured advancing to the round of 16 at the European Championship.
An ongoing fight between residents and animal rights activists over whether to cull pigeons in a small German town has led to an uproar.
The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors.
With high ticket prices in the U.S., some Taylor Swift fans are making the journey to Europe to see her in concert.
The alleged leaders of a suspected far-right plot to topple the German government are among nine suspects have gone on trial, opening the most prominent proceedings in a case that shocked the country in late 2022.
San Antonio International Airport could see more destinations and lower fares thanks to the airport's first nonstop European destination set for takeoff and legislation passed in Washington.
A union representing many of Germany's train drivers says it and the country's main railway operator have reached a deal in a long dispute over working hours and pay that was marked by a string of strikes.
Millions of travelers across Germany are being affected by strikes again after two unions called for two-day walkouts over wages and work conditions.
Germany's businesses remain mired in pessimism despite a small uptick in the latest survey, as Europe’s largest economy struggles with shortages of skilled labor, slower global trade, and political squabbling.
Thousands of travelers across Germany have found themselves stranded after ground staff walked off the job at seven of the country’s biggest airports.
Local buses, trams and subway trains were canceled in much of Germany on Friday as transport employees walked off the job in the country’s third transport-related strike in two weeks.
Deutsche Bank says it would cut 3,500 jobs as part of efforts to slash costs by about $2.7 billion through next year.
The International Monetary Fund has upgraded its outlook for the world economy this year, envisioning resilient growth led by the United States and a slower pace of inflation.
Germany’s train drivers have brought rail traffic to a standstill again when they began a six-day strike to push their demands in a rancorous dispute with the country’s main railway operator over working hours and pay.
Heavy snow and freezing rain have hit parts of northern and central Europe, bringing transport to a halt in some Scandinavian regions and causing major disruption at airports in Frankfurt and Oslo.
It has been a slow start to the January transfer window in the Premier League but expect that to change pretty quickly.
Shipping firm Maersk says it is preparing to allow vessels to resume sailing through the Red Sea.
Germany’s federal prosecutor has filed a motion for asset forfeiture concerning more than 720 million euros or $789 million of frozen Russian money.
The European Central Bank has decided to keep its key interest rate at a record high and will leave it there as long as needed to battle back inflation.
Travelers in Germany are facing delays and disruptions as a union representing Germany’s train drivers conducts a 24-hour strike.
Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years.
A group tracking antisemitism in Germany says that it has documented a drastic increase of antisemitic incidents in the country in the month after Hamas attacked Israel on Oct. 7.
Germany’s national railway operator is running a drastically reduced schedule after a union called a 20-hour strike aimed at increasing the pressure in a bitter dispute over pay and working hours.
The European Union’s executive commission has lowered its growth forecast for this year and next, saying the economy “has lost momentum” in 2023 as inflation weights on consumer spending and higher central bank interest rates deter borrowing for purchases and investment.
The International Monetary Fund says the European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth.
Patrick Mahomes threw two touchdown passes, safety Bryan Cook scored on a 59-yard fumble return, and the Kansas City Chiefs held on to beat the Miami Dolphins 21-14 at Deutsche Bank Park.
The Kansas City Chiefs say Sunday's game in Frankfurt against the Miami Dolphins is a big step in the organization's plan to become the “world’s team.”.
Patrick Mahomes feels “perfectly fine” after an illness and says he is ready to move on from last week’s subpar performance when the Chiefs face the Miami Dolphins.
The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold.
Author Salman Rushdie called for the unconditional defense of freedom of expression as he received a prestigious German prize.
Birkenstock has set a price for its initial public offering of stock that values the 249-year-old German maker of upmarket sandals at $8.64 billion.
Projections show Germany’s center-right opposition winning two state elections at the halfway mark of Chancellor Olaf Scholz’s unpopular national government, and a far-right party that has been riding high in national polls making gains.
The head of the European Central Bank says interest rates will stay high long enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”.
Interest rates in the European Union will need to stay high “as long as necessary” to slow still-high inflation, Christine Lagarde, president of the European Central Bank, said Friday.
The European Central Bank says the banking sector could withstand a severe economic downturn without depleting their financial buffers against losses.
The European Central Bank has raised interest rates for the ninth straight time in its yearlong campaign to stamp out painfully high inflation.
Mediators have presented their proposal to end a long-running pay dispute between Germany’s main national railway operator and a major union, a two-year settlement that would head off damaging all-out strikes.
Protesters and legislators are converging on the European Union parliament in Strasbourg as the bloc faces a major vote on protecting its threatened nature and shielding it from disruptive environmental change.
As 30 environment and trade ministers, and 50 CEOs gather in Paris for the 8th international conference on energy efficiency, the International Energy Agency is taking stock.
The Biden administration is weighing in on the controversy over Pink Floyd co-founder Roger Waters and his recent performances in Germany that have been deemed antisemitic by some.
German police say a 15-year-old soccer player has died after suffering severe brain injuries during a post-match brawl with an opposing team at an international youth tournament in Germany over the weekend.
German inflation eased to 6.1% in May following several months of declines, even as Europe’s biggest economy registered another painful increase in food prices of nearly 15%.
Several Jewish groups, politicians and an alliance of civil society groups have gathered for a memorial ceremony and a protest rally against a concert by Roger Waters in Frankfurt.
German police have been left red-faced after a member of the public was able to slip into a VIP convoy for Chancellor Olaf Scholz and then give him a hearty hug as he prepared to board a plane at Frankfurt Airport.
The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis.
Trains, planes and public transit systems stood still across much of Germany on Monday as labor unions called a major one-day strike over salaries in an effort to win inflation-busting raises for their members.
Germany and the European Union say they have reached an agreement in their dispute over the future of cars with combustion engines, allowing the registration of new vehicles with such engines even after 2035 if they use climate-neutral fuel only.
European Central Bank head Christine Lagarde says future interest rate decisions are open after upheaval in the global banking system has left the economic outlook more uncertain.
Texas actor Matthew McConaughey and his wife Camila Alves McConaughey were on board a Lufthansa flight from Austin that experienced “significant turbulence.”
Officials say a Lufthansa flight that experienced “significant turbulence” was diverted to Washington Dulles International Airport and seven people on board were taken to area hospitals.
A closely watched survey shows that German business confidence has strengthened for a fourth consecutive month as managers look past current problems to take a more optimistic view of the months ahead.
Germany’s air traffic control agency is diverting all flights away from the country’s busiest airport, Frankfurt, after a problem with Lufthansa’s computer systems caused major disruption at the German airline.
