Alexa

Vaccine 1st puts spotlight on German pharma company BioNTech

MAINZ, Germany (AP) — The email that arrived in the ancient German city of Mainz shortly before 1 a.m. in the morning marked a turning point in the global effort to deliver a reliable vaccine against ...

OPEC talks on production hit snag as pandemic clouds outlook

FRANKFURT, Germany (AP) — The OPEC oil producers' cartel was to push ahead with a new round of discussions Tuesday about how much oil to pump next year as countries wrestled over whether to extend pro...

Top central bankers: Economy needs help despite vaccine news

FRANKFURT, Germany (AP) — Three of the globe's top central banks said the world economy continues to need help despite news of progress toward a COVID-19 vaccine, with U.S. Federal Reserve Chair Jerom...

EU faces knotty trade fights with US _ no matter who wins

FRANKFURT, Germany (AP) — After winemakers, cookie bakers, and olive growers wound up as collateral damage, Europe is closely watching the U.S. presidential election, waiting to see whether the next f...

Eurozone growth soars record 12.7% but fears grow for winter

FRANKFURT, Germany (AP) — The European economy grew by an unexpectedly large 12.7% in the third quarter as companies reopened after severe coronavirus lockdowns, but the rebound is being overshadowed ...

European Central Bank holds off on strengthening stimulus

FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases could stall the economy’s recovery ...

Nonprofit app aims to help unblock global air travel

FRANKFURT, Germany (AP) — A public-interest foundation is testing a smartphone app that could make it easier for international airline passengers to securely show they've complied with COVID-19 testin...

Hard hit by virus, airlines push for tests over quarantines

FRANKFURT, Germany (AP) — What will it take to get people flying again? International air traffic is down 92% this year as travelers worry about catching COVID-19 and government travel bans and quaran...

Europe's central bank moves toward introducing digital euro

FRANKFURT, Germany (AP) — With consumers increasingly using cashless ways to buy things, the European Central Bank on Friday took a step closer to issuing a digital version of the euro currency shared...

Unemployment marches higher in Europe amid pandemic

FRANKFURT, Germany (AP) — Unemployment rose for a fifth straight month in Europe in August amid concern that extensive government support programs won't be able keep many businesses hit by coronavirus...

New SUV is next step in VW's post-scandal electric offensive

FRANKFURT, Germany (AP) — Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step for...

Founder of GM electric truck partner quits amid allegations

FRANKFURT, Germany (AP) — Shares in electric- and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud - just two weeks after signing ...

Falling prices flash warning light for Europe's economy

FRANKFURT, Germany (AP) — A startling fall in consumer prices and a stronger euro have increased pressure on the European Central Bank to provide another blast of monetary stimulus in support of a dra...

EU share of electric cars grew during virus lockdown months

FRANKFURT, Germany (AP) — The market share of electric cars in Europe increased during and immediately after the worst of the pandemic lockdowns, industry figures showed Thursday, even as overall sale...

Mercedes-Benz unveils new flagship S-Class sedan

FRANKFURT, Germany (AP) — Daimler AG on Wednesday unveiled the new version of its Mercedes-Benz S-Class luxury sedan, the company's most important model and one it hopes will generate fat profits to h...