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Lifted by cheap fuel, Lufthansa triples profit
Photo: DPA

Lifted by cheap fuel, Lufthansa triples profit

German airline Lufthansa, still reeling from the crash of one of its Germanwings planes in March over the French Alps, said on Thursday it tripled net profit in the second quarter, helped by cheap fuel. READ  

Little by little, Germans move away from cash
Photo: DPA

Little by little, Germans move away from cash

Tourists and business travellers visiting Germany are often surprised when they reach to pay for their beer, metro tickets or even a large restaurant bill that their credit cards are not welcome. Habits, however, are slowly changing as younger consumers leapfrog from cash to convenient electronic forms of payment. READ  

Study: 1 in 5 big firms attacked by hackers
Photo illustration: DPA.

Study: 1 in 5 big firms attacked by hackers

One-fifth of Germany’s major companies has been attacked by hackers within the past three years, but companies are also not taking cyber security as seriously as they should, according to a study released on Monday. READ  

Axel Springer loser in Financial Times battle
Photo: DPA

Axel Springer loser in Financial Times battle

German media giant Axel Springer may have lost an epic fight against Japanese rival Nikkei to buy the Financial Times, but it is unlikely to halt the group's ambitious expansion plans. READ  

Presented by Apreel
Outsourcing drives Apreel's Europe growth

Outsourcing drives Apreel's Europe growth

In the last decade outsourcing and 'nearshoring' have evolved from being more than just buzzwords. Maciej Jonczyk explains how his company, Apreel, has ridden the wave to success. READ  

Deutsche Bank 'faces money laundering probe'
Deutsche Bank has been in the news for all the wrong reasons in 2015. Photo: DPA

Deutsche Bank 'faces money laundering probe'

US authorities are investigating German banking giant Deutsche Bank over alleged money laundering in Russia, people familiar with the matter said Monday. READ  

Greece Crisis
VOX POPS: Greeks 'living beyond means'
Photo: Jörg Luyken

VOX POPS: Greeks 'living beyond means'

What do ordinary Germans think about who is to blame for the Greek crisis and what can be done to solve it? The Local hit the streets of Berlin to find out. READ  

Berlin rents drop as price controls take effect
Blocks of flats in Berlin's Saarbrücker Straße. Photo: DPA

Berlin rents drop as price controls take effect

A new study published on Wednesday showed that Berlin's “rent prices brake” introduced on June 1st has had an immediate effect, with asking prices on one top website sinking by 3.1 percent within a month. READ  

Workers dismantle Frankfurt Euro sculpture
A worker on a crane removes stars from the Euro sculpture in central Frankfurt. Photo: DPA

Workers dismantle Frankfurt Euro sculpture

As a possible Greek exit from the eurozone looms ever larger, threatening to change the face of the euro forever, the currency's home city of Frankfurt is giving its famous Euro sculpture a much-needed facelift. READ  

Industrial production stagnates in May
A container ship in the port at Bremerhaven. Photo: DPA

Industrial production stagnates in May

German industrial production stagnated in May, but the overall upward trend remains intact, the economy ministry said on Tuesday. READ  

Greece talks have 'lost ground': Merkel
Angela Merkel in Brussels on Thursday. Photo: DPA

Greece talks have 'lost ground': Merkel

Chancellor Angela Merkel warned on Thursday that talks between Greece and its creditors were losing ground as a final deadline for avoiding the country's bankruptcy approaches. READ  

Greece scares consumers off spending

Greece scares consumers off spending

Consumer confidence in Germany is beginning to be dampened slightly by the uncertainty surrounding Greece, a poll found on Thursday. READ  

Business confidence hits unexpected slump
President of the Institute for Economic Research, Hans-Werner Sinn. Photo: DPA.

Business confidence hits unexpected slump

The mood surrounding the German economy somewhat clouded over, as a leading indicator of the business climate slumped for the second month running. READ  

EU Commissioner 'to ban roaming fees by 2017'
No more worrying about how much texting from the beach costs? Photo: DPA

EU Commissioner 'to ban roaming fees by 2017'

European Digital Economy Commissioner Günther Oettinger said on Monday that he wants to abolish roaming fees for mobile phone users within the EU by 2017. READ  

Greece crisis
ECB agrees more backup for Greek banks
Photo: DPA

ECB agrees more backup for Greek banks

In an emergency session on Friday, the European Central Bank agreed to extend financial aid to Greek banks as customers withdraw cash over fears the country might leave the Euro. READ  

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