INSIDER
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Read full article: Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in EuropeFord 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.
U.S. protectionism could undermine modest growth forecast for eurozone, says EU Commission
Read full article: U.S. protectionism could undermine modest growth forecast for eurozone, says EU CommissionThe 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.
Former AP German-language service head Ulrich Renz, who covered Nazi trials, dies at 90
Read full article: Former AP German-language service head Ulrich Renz, who covered Nazi trials, dies at 90Ulrich 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.
UN chief calls for more pledges, private sector input to save global biodiversity at Colombia summit
Read full article: UN chief calls for more pledges, private sector input to save global biodiversity at Colombia summitU.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.
US writer Anne Applebaum appeals for arms for Ukraine as she accepts German peace prize
Read full article: US writer Anne Applebaum appeals for arms for Ukraine as she accepts German peace prizeThe prominent American writer Anne Applebaum has urged continued support for Ukraine with weapons in accepting a prestigious German prize.
European Central Bank, seeing no signs of recession, cuts interest rates again
Read full article: European Central Bank, seeing no signs of recession, cuts interest rates againThe 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 Europe falls below 2% and opens the way for faster rate cuts
Read full article: Inflation in Europe falls below 2% and opens the way for faster rate cutsInflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bankās target of 2% for the first time in more than three years.
Germany's first hobby horsing championship gallops through Frankfurt
Read full article: Germany's first hobby horsing championship gallops through FrankfurtGermanyās 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.
Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed
Read full article: Inflation's down and the European Central Bank has cut rates, again. Next up: The FedWith 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 aims to cancel a no-layoffs pledge and won't rule out closing plants in Germany
Read full article: Volkswagen aims to cancel a no-layoffs pledge and won't rule out closing plants in GermanyVolkswagen says it's not getting the cost reductions that it needs - and won't rule out plant closings in its home country Germany.
270 flights canceled in Frankfurt as environmental activists target airports across Europe
Read full article: 270 flights canceled in Frankfurt as environmental activists target airports across EuropeA 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.
German police investigate video that appears to show Euro 2024 security punching and kicking a fan
Read full article: German police investigate video that appears to show Euro 2024 security punching and kicking a fanPolice 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.
UEFA investigating Jude Bellingham over possible indecent gesture at Euro 2024 game
Read full article: UEFA investigating Jude Bellingham over possible indecent gesture at Euro 2024 gameEngland star Jude Bellingham is being investigated by UEFA over a potentially offensive gesture made during a European Championship win against Slovakia.
Germany gets late goal to draw 1-1 with Switzerland and finish top of Euro 2024 group
Read full article: Germany gets late goal to draw 1-1 with Switzerland and finish top of Euro 2024 groupGermany found a stoppage-time goal from substitute Niclas FĆ¼llkrug to draw 1-1 with Switzerland on Sunday and ensure the host nation finished top of its group.
England fails to convince in 1-1 draw with Denmark though should advance at Euro 2024
Read full article: England fails to convince in 1-1 draw with Denmark though should advance at Euro 2024England 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.
A German town's referendum on culling pigeons has led to an uproar by animal rights activists
Read full article: A German town's referendum on culling pigeons has led to an uproar by animal rights activistsAn ongoing fight between residents and animal rights activists over whether to cull pigeons in a small German town has led to an uproar.
Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
Read full article: Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limitedThe 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 ā a shift with far-reaching consequences for home buyers, savers and investors.
Look what she made her do: Taylor Swift fan from San Antonio flying to Germany to see pop star in concert
Read full article: Look what she made her do: Taylor Swift fan from San Antonio flying to Germany to see pop star in concertWith 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 German far-right coup plot have gone on trial
Read full article: The alleged leaders of a suspected German far-right coup plot have gone on trialThe 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.
New flights at San Antonio International Airport could lead to more destinations, lower fares
Read full article: New flights at San Antonio International Airport could lead to more destinations, lower faresSan 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.
German train drivers' union and railway operator reach a deal in their long dispute
Read full article: German train drivers' union and railway operator reach a deal in their long disputeA 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 train, air passengers are affected in Germany as union members go on strike again
Read full article: Millions of train, air passengers are affected in Germany as union members go on strike againMillions of travelers across Germany are being affected by strikes again after two unions called for two-day walkouts over wages and work conditions.
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Read full article: Gloom settles over Germany's economy, with businesses downbeat about the coming monthsGermany's businesses remain mired in pessimism despite a small uptick in the latest survey, as Europeās largest economy struggles with shortages of skilled labor, slower global trade, and political squabbling.
What's behind Germany's transport strikes that have stranded air, rail and bus travelers?
Read full article: What's behind Germany's transport strikes that have stranded air, rail and bus travelers?Thousands of travelers across Germany have found themselves stranded after ground staff walked off the job at seven of the countryās biggest airports.
Local transport in Germany hit by walkouts in a dispute over working conditions
Read full article: Local transport in Germany hit by walkouts in a dispute over working conditionsLocal buses, trams and subway trains were canceled in much of Germany on Friday as transport employees walked off the job in the countryās third transport-related strike in two weeks.
Deutsche Bank will cut 3,500 jobs even as it records $4.5 billion profit last year
Read full article: Deutsche Bank will cut 3,500 jobs even as it records $4.5 billion profit last yearDeutsche Bank says it would cut 3,500 jobs as part of efforts to slash costs by about $2.7 billion through next year.
IMF sketches a brighter view of global economy, upgrading growth forecast and seeing lower inflation
Read full article: IMF sketches a brighter view of global economy, upgrading growth forecast and seeing lower inflationThe 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.
German train drivers go on strike for 6 days, bringing railway traffic to a near-standstill - again
Read full article: German train drivers go on strike for 6 days, bringing railway traffic to a near-standstill - againGermanyās 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 countryās main railway operator over working hours and pay.
Heavy snowfall and freezing rain disrupt transport in Scandinavia and Germany
Read full article: Heavy snowfall and freezing rain disrupt transport in Scandinavia and GermanyHeavy 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.
Werner, Toney, Henderson ... MbappƩ? The key players set for possible Premier League transfers
Read full article: Werner, Toney, Henderson ... MbappƩ? The key players set for possible Premier League transfersIt 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's preparing for resumption of Red Sea voyages after attacks from Yemen
Read full article: Shipping firm Maersk says it's preparing for resumption of Red Sea voyages after attacks from YemenShipping firm Maersk says it is preparing to allow vessels to resume sailing through the Red Sea.
Germany's top prosecutor files motion for asset forfeiture of $789 million of frozen Russian money
Read full article: Germany's top prosecutor files motion for asset forfeiture of $789 million of frozen Russian moneyGermanyās federal prosecutor has filed a motion for asset forfeiture concerning more than 720 million euros or $789 million of frozen Russian money.
European Central Bank keeps its key interest rate at a record high. Now, when will it cut?
Read full article: European Central Bank keeps its key interest rate at a record high. Now, when will it cut?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.
Germany's train drivers stage a 24-hour strike as contract negotiations stall
Read full article: Germany's train drivers stage a 24-hour strike as contract negotiations stallTravelers in Germany are facing delays and disruptions as a union representing Germanyās train drivers conducts a 24-hour strike.
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
Read full article: Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalledEuropeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years.
Antisemitic incidents in Germany rose by 320% after Hamas attacked Israel, a monitoring group says
Read full article: Antisemitic incidents in Germany rose by 320% after Hamas attacked Israel, a monitoring group saysA 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.
German railway runs much-reduced schedule as drivers' union stages a 20-hour strike
Read full article: German railway runs much-reduced schedule as drivers' union stages a 20-hour strikeGermanyās 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.
European Commission lowers growth outlook and says economy has lost momentum during a difficult year
Read full article: European Commission lowers growth outlook and says economy has lost momentum during a difficult yearThe European Unionās executive commission has lowered its growth forecast for this year and next, saying the economy āhas lost momentumā in 2023 as inflation weights on consumer spending and higher central bank interest rates deter borrowing for purchases and investment.
International Monetary Fund warns Europe against prematurely declaring victory over inflation
Read full article: International Monetary Fund warns Europe against prematurely declaring victory over inflationThe International Monetary Fund says the European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until theyāre sure inflation is under control despite sluggish growth.
Mahomes throws 2 TDs and Chiefs hang on to beat Dolphins 21-14 in Germany
Read full article: Mahomes throws 2 TDs and Chiefs hang on to beat Dolphins 21-14 in GermanyPatrick 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.
Chiefs want to be 'world's team' by going global with star power and Super Bowl success
Read full article: Chiefs want to be 'world's team' by going global with star power and Super Bowl successThe 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 āworldās team.ā.
Patrick Mahomes feels 'perfectly fine' after illness, says he's set for Europe debut versus Dolphins
Read full article: Patrick Mahomes feels 'perfectly fine' after illness, says he's set for Europe debut versus DolphinsPatrick Mahomes feels āperfectly fineā after an illness and says he is ready to move on from last weekās subpar performance when the Chiefs face the Miami Dolphins.
Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
Read full article: Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanishedThe 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 calls for defense of freedom of expression as he receives German prize
Read full article: Author Salman Rushdie calls for defense of freedom of expression as he receives German prizeAuthor Salman Rushdie called for the unconditional defense of freedom of expression as he received a prestigious German prize.
Birkenstock prices its initial public offering of stock valuing the sandal maker at $8.64 billion
Read full article: Birkenstock prices its initial public offering of stock valuing the sandal maker at $8.64 billionBirkenstock 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.
German conservative opposition wins 2 state elections, with far-right making gains
Read full article: German conservative opposition wins 2 state elections, with far-right making gainsProjections show Germanyās center-right opposition winning two state elections at the halfway mark of Chancellor Olaf Scholzās unpopular national government, and a far-right party that has been riding high in national polls making gains.
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
Read full article: Interest rates will stay high 'as long as necessary,' the European Central Bank's leader saysThe head of the European Central Bank says interest rates will stay high long enough to restrict business activity for āas long as necessaryā to beat back inflation because upward pressure on prices āremains strong.ā.
ECB's Lagarde says interest rates to stay high as long as needed to defeat inflation
Read full article: ECB's Lagarde says interest rates to stay high as long as needed to defeat inflationInterest rates in the European Union will need to stay high āas long as necessaryā to slow still-high inflation, Christine Lagarde, president of the European Central Bank, said Friday.
Europe's banks could survive a drastic economic downturn, stress test shows
Read full article: Europe's banks could survive a drastic economic downturn, stress test showsThe European Central Bank says the banking sector could withstand a severe economic downturn without depleting their financial buffers against losses.
European Central Bank hikes interest rates to combat inflation and leaves door open to more
Read full article: European Central Bank hikes interest rates to combat inflation and leaves door open to moreThe European Central Bank has raised interest rates for the ninth straight time in its yearlong campaign to stamp out painfully high inflation.
Mediators put forward a proposal to end a lengthy German railway pay dispute
Read full article: Mediators put forward a proposal to end a lengthy German railway pay disputeMediators have presented their proposal to end a long-running pay dispute between Germanyās main national railway operator and a major union, a two-year settlement that would head off damaging all-out strikes.
EU faces cliffhanger vote on major bill protecting nature and fighting climate change
Read full article: EU faces cliffhanger vote on major bill protecting nature and fighting climate changeProtesters 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.
Leaders gather in Paris to accelerate wringing more out of every ounce of fuel
Read full article: Leaders gather in Paris to accelerate wringing more out of every ounce of fuelAs 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.
US weighs in on Roger Waters antisemitism debate, says artist has long history of denigrating Jews
Read full article: US weighs in on Roger Waters antisemitism debate, says artist has long history of denigrating JewsThe 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 teen injured in post-match brawl with French team has died
Read full article: German police say teen injured in post-match brawl with French team has diedGerman 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 slows to 6.1% in May, though food prices are still surging
Read full article: German inflation slows to 6.1% in May, though food prices are still surgingGerman inflation eased to 6.1% in May following several months of declines, even as Europeās biggest economy registered another painful increase in food prices of nearly 15%.
Jewish groups and city officials protest against Roger Waters concert in Frankfurt
Read full article: Jewish groups and city officials protest against Roger Waters concert in FrankfurtSeveral 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.
Man joins VIP convoy, hugs German chancellor; security breach under investigation
Read full article: Man joins VIP convoy, hugs German chancellor; security breach under investigationGerman 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.
Europe's economic outlook brightens a little after avoiding recession. But inflation still squeezes
Read full article: Europe's economic outlook brightens a little after avoiding recession. But inflation still squeezesThe European Unionās executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis.
Strike over pay paralyzes rail, air travel in Germany
Read full article: Strike over pay paralyzes rail, air travel in GermanyTrains, 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, EU reach agreement in combustion engine row
Read full article: Germany, EU reach agreement in combustion engine rowGermany 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.
ECB's Lagarde: Future rate hikes open amid banking turmoil
Read full article: ECB's Lagarde: Future rate hikes open amid banking turmoilEuropean 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.
Matthew McConaughey, wife Camila were on Lufthansa flight from Austin that had āsignificant turbulenceā
Read full article: Matthew McConaughey, wife Camila were on Lufthansa flight from Austin that had āsignificant turbulenceāTexas actor Matthew McConaughey and his wife Camila Alves McConaughey were on board a Lufthansa flight from Austin that experienced āsignificant turbulence.ā
Lufthansa flight diverted after turbulence, 7 hospitalized
Read full article: Lufthansa flight diverted after turbulence, 7 hospitalizedOfficials say a Lufthansa flight that experienced āsignificant turbulenceā was diverted to Washington Dulles International Airport and seven people on board were taken to area hospitals.
German business confidence improves for 4th straight month
Read full article: German business confidence improves for 4th straight monthA 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.
All flights diverted from Frankfurt amid Lufthansa IT glitch
Read full article: All flights diverted from Frankfurt amid Lufthansa IT glitchGermanyās air traffic control agency is diverting all flights away from the countryās busiest airport, Frankfurt, after a problem with Lufthansaās computer systems caused major disruption at the German airline.