Frankfurt http://www.globalpost.com/taxonomy/term/27868/all en German flights hit by security staff strike http://www.globalpost.com/dispatch/news/thomson-reuters/130125/german-flights-hit-security-staff-strike <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>FRANKFURT, Jan 25 (Reuters) - Passengers travelling through Germany's Duesseldorf and Cologne airports faced a second day of disruption on Friday as security personnel continued a strike over pay.</p> <p>More than 100 flights were cancelled at the two airports, with Germany's largest airline Lufthansa scrapping over 80 flights at Duesseldorf alone.</p> <p>Trade union Verdi has called for a 33 percent increase in pay for around 1,000 security personnel employed by private firms at the two airport.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130125/german-flights-hit-security-staff-strike" target="_blank">read more</a></p> Airline Airport Frankfurt Thomson Reuters Fri, 25 Jan 2013 10:00:03 +0000 Thomson Reuters 5739270 at http://www.globalpost.com Germany leads European stock rally after strong Ifo http://www.globalpost.com/dispatch/news/thomson-reuters/130125/germany-leads-european-stock-rally-after-strong-ifo <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 25 (Reuters) - European shares scaled fresh multi-month peaks on Friday, with forecast-beating German data and bigger-than-expected paybacks of crisis-time loans by banks fuelling the conviction that the region is firmly on the recovery path.</p> <p>Frankfurt's DAX index led the rally, scaling five-year highs and closing 1.3 percent higher after the closely-watched Ifo January business morale index beat consensus to match the most optimistic economist's forecast.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130125/germany-leads-european-stock-rally-after-strong-ifo" target="_blank">read more</a></p> Economy of the European Union Entertainment European Union Frankfurt Thomson Reuters Fri, 25 Jan 2013 17:01:10 +0000 Thomson Reuters 5739495 at http://www.globalpost.com European stocks climb at open; London FTSE adds 0.30% http://www.globalpost.com/dispatch/news/afp/130201/european-stocks-climb-at-open-london-ftse-adds-030 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets rose at the start of trading on Friday, with London's FTSE 100 index of top companies up 0.30 percent at 6,295.58 points.</p> <p>Elsewhere, Frankfurt's DAX 30 won 0.21 percent to 7,792.59 points and in Paris the CAC 40 increased by 0.11 percent to 3,736.75.</p> <p>burs-rfj/yad</p> Frankfurt AFP Fri, 01 Feb 2013 08:45:25 +0000 Agence France-Presse 5742672 at http://www.globalpost.com European stocks mixed at open; London drops 0.15% http://www.globalpost.com/dispatch/news/afp/130204/european-stocks-mixed-at-open-london-drops-015 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets were mixed at the start of trading on Monday, with London's FTSE 100 index of top companies down 0.15 percent to 6,337.63 points.</p> <p>Frankfurt's DAX 30 fell 0.14 percent to 7,822.54 points, while in Paris the CAC 40 increased by 0.12 percent to 3,778.06.</p> <p>burs-bcp/rl</p> Frankfurt AFP Mon, 04 Feb 2013 08:46:10 +0000 Agence France-Presse 5745106 at http://www.globalpost.com European stocks stable in opening trade after slump http://www.globalpost.com/dispatch/news/afp/130205/european-stocks-stable-opening-trade-after-slump <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>European stock markets steadied at the start of trading on Tuesday, after slumping the previous day on political uncertainty in Italy and Spain, with London's FTSE 100 index of top companies up 0.05 percent at 6,249.70 points.</p> <p>Frankfurt's DAX 30 firmed 0.07 percent to 7,643.54 points, while in Paris the CAC 40 drifted 0.13 percent lower to 3,654.32.</p> <p>European equities had tumbled on Monday and the euro dropped against the dollar amid fears of political turmoil in Spain and Italy, with banking shares suffering some of the heaviest losses.</p> <p>burs-rfj/rl</p> Frankfurt AFP Tue, 05 Feb 2013 08:45:25 +0000 Agence France-Presse 5746129 at http://www.globalpost.com Deutsche Boerse says net profits down in 2012 http://www.globalpost.com/dispatch/news/afp/130205/deutsche-boerse-says-net-profits-down-2012-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>German stock market operator Deutsche Boerse said Tuesday it booked net profit of 660 million euros ($895 million) in 2012, down from 849 million euros a year earlier.</p> <p>Underlying profit, as measured by earnings before interest and tax (EBIT), amounted to "around 1.0 billion euros", the group said in preliminary figures.</p> <p>A year earlier, Deutsche Boerse had booked EBIT of 1.152 billion euros.</p> <p>Revenues were also down at 1.93 billion euros, compared with the year-earlier figure of 2.233 billion euros.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/deutsche-boerse-says-net-profits-down-2012-0" target="_blank">read more</a></p> Deutsche Börse Economy of Germany EUR Frankfurt AFP Tue, 05 Feb 2013 13:16:16 +0000 Agence France-Presse 5746361 at http://www.globalpost.com European stocks close higher http://www.globalpost.com/dispatch/news/afp/130205/european-stocks-close-higher <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets closed higher on Tuesday, with London's FTSE 100 index of leading companies gaining 0.58 percent to 6,282.76 points.</p> <p>Frankfurt's DAX 30 rose by 0.35 percent to 7,664.66 points, and in Paris the CAC 40 climbed by 0.95 percent to 3,694.70 points.</p> <p>burs-wai/arp</p> Frankfurt AFP Tue, 05 Feb 2013 17:01:10 +0000 Agence France-Presse 5746621 at http://www.globalpost.com Germany gets tough on risky banking http://www.globalpost.com/dispatch/news/afp/130206/germany-gets-tough-risky-banking <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The German government unveiled Wednesday tougher new banking rules which it hopes will help prevent financial crises in the future and make the banks themselves bear more of the responsibility.</p> <p>"We know that the exaggerated de-regulation (of the financial markets in the past) was a mistake," Finance Minister Wolfgang Schaeuble told a news conference to present new banking legislation, which must now be passed by parliament.</p> <p>"We allowed ourselves to be dazzled by technical innovation, new financial products and breathless developments on the financial markets," he said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130206/germany-gets-tough-risky-banking" target="_blank">read more</a></p> Bank Central banks Frankfurt Technology AFP Wed, 06 Feb 2013 12:45:54 +0000 Agence France-Presse 5747486 at http://www.globalpost.com European stocks stable at open, before rate decisions http://www.globalpost.com/dispatch/news/afp/130207/european-stocks-stable-at-open-rate-decisions <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets traded flat at the start of trading on Thursday as dealers awaited interest rate announcements from the ECB and Bank of England due later in the day.</p> <p>London's FTSE 100 index of top companies dipped 0.08 percent to 6,290.11 points, Frankfurt's DAX 30 was flat at 7,581.37 points and in Paris the CAC 40 eased 0.07 percent to 3,640.38.</p> <p>burs-bcp/rl</p> Frankfurt AFP Thu, 07 Feb 2013 09:17:00 +0000 Agence France-Presse 5748560 at http://www.globalpost.com European stocks mixed at open http://www.globalpost.com/dispatch/news/afp/130211/european-stocks-mixed-at-open <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets opened mixed on Monday, with London virtually flat, Frankfurt sliding and Paris posting gains.</p> <p>London's FTSE 100 index of top companies dipped 0.04 percent to 6,261.31 points, Frankfurt's DAX 30 shed 0.32 percent to 7,627.72 points and in Paris the CAC 40 grew by 0.27 percent to stand at 3,659.30.</p> <p>burs-bcp/yad</p> Frankfurt AFP Mon, 11 Feb 2013 09:00:46 +0000 Agence France-Presse 5752396 at http://www.globalpost.com European stocks close mixed http://www.globalpost.com/dispatch/news/afp/130211/european-stocks-close-mixed <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets closed mixed on Monday, with London's FTSE 100 index of leading companies gaining 0.21 percent to 6,277.06 points.</p> <p>Frankfurt's DAX 30 slid 0.24 percent to 7,633.74 points, and in Paris the CAC 40 was flat at 3,650.58 points.</p> <p>burs-rl/arp</p> Frankfurt AFP Mon, 11 Feb 2013 17:00:55 +0000 Agence France-Presse 5752860 at http://www.globalpost.com European stocks fall at open http://www.globalpost.com/dispatch/news/afp/130212/european-stocks-fall-at-open <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets fell at the open on Tuesday, with London's FTSE 100 index of top companies down 0.10 percent to 6,271.01 points.</p> <p>Frankfurt's DAX 30 shed 0.19 percent to 7,619.12 points and in Paris the CAC 40 lost 0.14 percent to stand at 3,645.63.</p> <p>burs-bcp/hd</p> Frankfurt AFP Tue, 12 Feb 2013 09:00:41 +0000 Agence France-Presse 5753320 at http://www.globalpost.com European stocks close higher http://www.globalpost.com/dispatch/news/afp/130212/european-stocks-close-higher <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets closed higher on Tuesday, with London's FTSE 100 index of leading companies gaining 0.98 percent to 6,338.38 points.</p> <p>Frankfurt's DAX 30 rose by 0.35 percent to 7,660.19 points, and in Paris the CAC 40 climbed by 0.99 percent to 3,686.58 points.</p> <p>burs-rl/arp</p> Frankfurt AFP Tue, 12 Feb 2013 17:15:29 +0000 Agence France-Presse 5753714 at http://www.globalpost.com European stocks diverge at open; London FTSE loses 0.24% http://www.globalpost.com/dispatch/news/afp/130213/european-stocks-diverge-at-open-london-ftse-loses-024 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets diverged at the open on Wednesday, with London's FTSE 100 index of top companies down 0.24 percent at 6,322.90 points.</p> <p>Frankfurt's DAX 30 index rose 0.24 percent to 7,678.48 points and in Paris the CAC 40 added just 0.13 percent to 3,691.52.</p> <p>burs-rfj/hd</p> Frankfurt AFP Wed, 13 Feb 2013 10:17:32 +0000 Agence France-Presse 5754207 at http://www.globalpost.com European stocks close down http://www.globalpost.com/dispatch/news/afp/130214/european-stocks-close-down <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Europe's main stock markets closed lower on Thursday, with London's FTSE 100 index of leading companies falling 0.50 percent to 6,327.36 points.</p> <p>Frankfurt's DAX 30 shed 1.05 percent to 7,631.19 points, and in Paris the CAC 40 lost 0.78 percent to 3,669.60 points.</p> <p>burs-rl/arp</p> Frankfurt AFP Thu, 14 Feb 2013 18:15:22 +0000 Agence France-Presse 5755540 at http://www.globalpost.com