Fire near Zurich's main train station disrupts transport

BERLIN (AP) — A fire in a building near Zurich’s main train station is disrupting traffic and transport in Switzerland’s biggest city. Source: Business – The Eagle

Putin dances at Austrian wedding; talks with Merkel on Syria

BERLIN (AP) — Russian President Vladimir Putin made a flying visit to Austria to attend the wedding of the country’s foreign minister Saturday before heading to Berlin for talks with…

Long-troubled Deutsche Bank says profits unexpectedly high

BERLIN (AP) — Germany’s biggest bank, Deutsche Bank, said Monday that its earnings will be considerably higher than expected in the second quarter, a fact that it said underlines the…

Germany, China lobby against US trade tariffs

BERLIN (AP) — German Chancellor Angela Merkel and Chinese Prime Minister Li Keqiang are speaking out against trade tariffs imposed by Washington, saying open multilateral trade is to everyone’s benefit. …

Hundreds march in Berlin to demand an end to using coal

BERLIN (AP) — Hundreds of protesters are marching through the German capital to demand an end to burning coal to produce electricity. Source: Business – The Eagle

10 injured by heavy smoke in Frankfurt Airport vehicle fire

BERLIN (AP) — German airline Lufthansa says 10 airport workers have suffered minor injuries from smoke inhalation when a vehicle pulling a jet to a gate caught on fire. Source:…

VW board eyes damage claims against former CEO Winterkorn

BERLIN (AP) — Former Volkswagen CEO Martin Winterkorn may never see the inside of a courtroom in the United States in connection with the company’s diesel emissions scandal. But his…

Mexico's Pena Nieto optimistic on NAFTA overhaul talks

BERLIN (AP) — Mexico’s president has said at a trade fair in Germany that he’s optimistic about reaching a deal to overhaul the North American Free Trade Agreement. Source: Business…

Smyths Toys to take over Toys R Us stores in Germany

BERLIN (AP) — Ireland-based Smyths Toys has reached a deal to take over more than 90 Toys R Us stores in Germany, Austria and Switzerland. Source: Business – The Eagle

European regulators tighten order for jet fan blade tests

BERLIN (AP) — The European Aviation Safety Agency has tightened a nearly month-old directive ordering inspections of some fan blades in engines like those used on a Southwest Airlines jet…

Germany's Merkel appears open to compromise on EU reforms

BERLIN (AP) — German Chancellor Angela Merkel signaled her willingness to find compromises with France when it comes to reforming the European Union, as she hosted French President Emmanuel Macron…

Far-right Austrian: Let's fire reporters who 'don't behave'

BERLIN (AP) — A member of Austria’s far-right Freedom Party wants to fire foreign correspondents working for public broadcaster ORF if they “don’t behave.” Source: Business – The Eagle

Germany closing in on deal to buy 1st weapons-capable drone

BERLIN (AP) — Germany is close to finalizing a deal that will see the country buy its first weapons-capable drone aircraft — an Israeli designed model — from European aerospace…

Deutsche Bank's CEO John Cryan replaced by Christian Sewing

BERLIN (AP) — Deutsche Bank, which has been battling heavy financial losses, announced on Sunday that its chief executive officer will leave within weeks and is being replaced by a…

Media: Deutsche Bank's CEO Cryan to be replaced by Sewing

BERLIN (AP) — German media reported Sunday that Christian Sewing, a member of Deutsche Bank’s management board, may become the new CEO of Germany’s biggest lender, replacing John Cryan. Source:…

Defunct Chinese space lab set to re-enter Earth's atmosphere

BERLIN (AP) — China’s defunct Tiangong 1 space station is hurtling toward Earth and expected to re-enter the atmosphere within the next day. Source: Business – The Eagle

German minister under fire for no women on leadership team

BERLIN (AP) — Germany’s new interior minister has come under fire for picking only men to lead his ministry. Source: Business – The Eagle

Merkel defends Germany's trade surplus as US trade war looms

BERLIN (AP) — German Chancellor Angela Merkel defended the country’s trade surplus Saturday, saying the government is working to encourage domestic demand but that not all factors are under its…

German energy companies E.ON, RWE agree to swap assets

BERLIN (AP) — German energy company E.ON SE says it has agreed to take over a big stake of utility company RWE’s subsidiary innogy in exchange for a far-reaching range…

Europe urges US to rethink tariffs, warns of trade war risk

BERLIN (AP) — U.S. President Donald Trump is risking an economically damaging trade war with his closest allies if he goes ahead with plans to impose steep tariffs on steel…