Edition:
United Kingdom

Vera Eckert

Grounding of Boeing 737 Max jets hits TUI's earnings

13 Aug 2019

FRANKFURT European tourism group TUI said the grounding of Boeing's 737 MAX jets was a big burden as it reported a 46% decline in underlying quarterly core earnings (EBITA) on Tuesday. | Video

Hapag-Lloyd first-half profit gain lifts shares, optimistic on 2019

07 Aug 2019

FRANKFURT Rising freight-rate income and transport volumes boosted Hapag-Lloyd's performance in the first half of 2019, allowing it to remain optimistic about full-year earnings and pushing its share price up more than 10%.

Does renewables pioneer Germany risk running out of power?

19 Jul 2019

(This July 18 story makes clear in paragraph 7 that the VKU quote applies to the necessity of monitoring supply security when exiting coal.)

Gehen nach der Energiewende in Deutschland die Lichter aus?

19 Jul 2019

Frankfurt Deutschland ist der größte Strommarkt der EU - und war ein Vorreiter bei grünen Energiequellen wie Sonne und Wind.

German coal imports could fall 10% in 2019 in face of rising renewable power

18 Jul 2019

FRANKFURT Germany's hard coal imports may fall for the fourth year in a row this year and by around 10% from 2018 levels, importers' group VDKi forecast on Thursday, citing competition from renewable energy and slack demand from steelmakers.

German coal imports could fall 10% in 2019 in face of rising renewable power

18 Jul 2019

FRANKFURT, July 18 Germany's hard coal imports may fall for the fourth year in a row this year and by around 10% from 2018 levels, importers' group VDKi forecast on Thursday, citing competition from renewable energy and slack demand from steelmakers.

Europe gas trade volume on track for another record in 2019

12 Jul 2019

FRANKFURT European gas trading volumes this year may beat the record 52,604 terawatt hours (TWh) recorded in 2018 due to growth at the Dutch, German and Italian gas trading hubs, research firm Prospex said on Friday.

Europe gas trade volume on track for another record in 2019

12 Jul 2019

FRANKFURT, July 12 European gas trading volumes this year may beat the record 52,604 terawatt hours (TWh) recorded in 2018 due to growth at the Dutch, German and Italian gas trading hubs, research firm Prospex said on Friday.

Germany needs to ease rules to hit 2030 renewables target

18 Jun 2019

FRANKFURT Germany needs to ease restrictions on the location and size of solar power plants and wind turbines and increase incentives if the country is to meet a target demanding it double renewable energy capacity by 2030, energy companies said on Tuesday.

Lufthansa profit warning spooks European airline sector

17 Jun 2019

FRANKFURT Germany's Lufthansa sent shockwaves through the European airline sector on Monday as it cut its full-year profit forecast, with lower prices and higher fuel costs compounding the effect of losses at its budget subsidiary Eurowings. | Video

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