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Vera Eckert

Grounding of Boeing 737 Max jets hits TUI's earnings

Aug 13 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

Aug 07 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%.

UPDATE 1-Hapag-Lloyd H1 profit gain lifts shares, optimistic on 2019

Aug 07 2019

* Cuts debt, pledges to continue (Adds share price, CEO remarks to Reuters, analysts, research notes)

Does renewables pioneer Germany risk running out of power?

Jul 19 2019

(This July 18 story is refilled to clarify 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?

Jul 19 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

Jul 18 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.

Europe gas trade volume on track for another record in 2019

Jul 12 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.

Germany needs to ease rules to hit 2030 renewables target

Jun 18 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

Jun 17 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

Der Elektromobilität droht der Strom auszugehen

Jun 13 2019

Rüsselsheim/Hamburg Der Sprung in die Elektromobilität droht an einer wichtigen Hürde hängen zu bleiben: Von den von der Bundesregierung bis 2020 in Aussicht gestellten 100.000 E-Tankstellen existiert landauf, landab erst etwa ein Fünftel.

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