DIRS.INFO The most relevant business & tech news

☆ Bayer Leverkusen: German club equals 59-year-old record as unbeaten season continues
▼ + stars: | 2024-05-06 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —German team Bayer Leverkusen extended its miraculous unbeaten run to 48 games on Sunday after thrashing Eintracht Frankfurt 5-1 in the Bundesliga. The win means that Leverkusen has now equaled the record for the longest unbeaten run across all top-level matches since the introduction of European competition, according to UEFA. Leverkusen will have the chance to break the record on Thursday when it plays Roma in the second leg of its Europa League semifinal. The all-time mark of 62 games unbeaten was set by Scottish club Celtic from 1915-1917, however, those matches were all in the domestic league. The next game is important for us, the second leg of the Europa League semifinal: a chance to reach the final.

Persons: Granit Xhaka, Patrik Schick, Exequiel Palacios, Jeremie Frimpong, Victor Okoh Boniface –, Roma, ”, Xabi Alonso, Kirill Kudryavtsev, Alonso, ” Alonso, “ Organizations: CNN, Bayer Leverkusen, Eintracht Frankfurt, Bundesliga, Leverkusen, Frankfurt’s Deutsche Bank, UEFA, Benfica, Europa League, Celtic, Bayern, Spain, VfL Bochum, FC Kaiserslautern, Roma, “ Locations: Scottish, AFP, Augsburg

☆ German Airport Security Screeners’ Walkout Grounds Flights
▼ + stars: | 2024-02-01 | by ( Christopher F. Schuetze | More About Christopher F. Schuetze | ) www.nytimes.com time to read: +1 min

Security screeners began a one-day walkout on Thursday at 11 of Germany’s busiest airports, bringing departures to a virtual standstill, scuttling travel plans for an expected 200,000 people and adding to the chaos caused by public sector strikes. Airports serving Berlin, Hamburg, and Stuttgart canceled all of their departures in anticipation of the work stoppage, while others — including Frankfurt’s airport, the biggest in Germany — were trying to keep some flights in the air but warned of significant delays and cancellations. “The work of airport security staff must remain financially attractive so that the urgently needed skilled workers can be recruited and retained,” said Wolfgang Pieper, a lead negotiator for Verdi, the public sector union behind the strike. Screeners are demanding an hourly raise of 2.80 euros, or roughly $3, a 14 percent increase for a starting salary. The federal association of aviation security businesses, the B.D.L.S., which represents employers, called the demands “utopian.” It has offered a 4 percent increase this year, followed by a 3 percent rise next year.

Persons: screeners, Germany —, ”, Wolfgang Pieper, Verdi Organizations: Airports Locations: Berlin, Hamburg, Stuttgart, Frankfurt’s, Germany

☆ Women’s Champions League: Salma Paralluelo’s brace leads Barcelona to comeback victory over Frankfurt
▼ + stars: | 2023-11-23 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Salma Paralluelo’s second-half brace ensured defending champion Barcelona avoided a Champions League upset against Eintracht Frankfurt, as the Catalan club came from behind to secure a 3-1 victory. “I’m happy above all for being able to help the team,” Paralluelo said after the match. But the team was frustrated by some resolute Frankfurt defending in the first half, before Freigang’s goal against the run of play. Against the best team in the world, that’s not a surprise, but I think we played well today. Benfica’s 1-0 victory over FC Rosengård on Wednesday puts the Portuguese club in third.

Persons: CNN — Salma Paralluelo’s, Laura Freigang’s, –, Mariona Caldentey, Paralluelo, “, ” Paralluelo, ”, Dan O, Connor Organizations: CNN, Barcelona, League, Eintracht Frankfurt, Frankfurt, Benfica, Barça, ”, FC Rosengård, Wednesday, Portuguese Locations: Catalan, Ona Batlle’s, Barcelona, ” Barcelona

☆ ECB’s crisis tool works best if it’s never used
▼ + stars: | 2023-05-30 | by ( Rebecca Christie | ) www.reuters.com time to read: +8 min

BRUSSELS, May 30 (Reuters Breakingviews) - In the euro zone bond market, unlimited backstops are the cheapest. The European Central Bank has been trumpeting its ability to buy member states’ debt if it comes under attack from investors. The danger here is that too much divergence would lead the euro zone to fracture, creating a powder keg for crisis. The central bank has been deliberately quiet about exactly when and how it might activate the crisis tool, except to say it will be ready if necessary. They have noted that the euro zone central bank has a new instrument to combat any sharp increase in the differential between yields of euro zone government bonds.

Persons: Christine Lagarde, –, Lagarde, Fabio Panetta, hasn’t, there’s, Nils Redeker, Berlin’s Jacques Delors, Philip Lane, Francesco Guerrera, Oliver Taslic Organizations: Reuters, European Central Bank, ECB, Italy, Reuters Graphics Reuters, ECB won’t, Reuters Graphics, U.S . Federal, Silicon Valley Bank, Signature Bank, ”, European Union, Twitter, Thomson Locations: BRUSSELS, Frankfurt, Italy, Spain, Greece, Lithuania, Silicon, EU, Ukraine

☆ Naked sunbather: German landlord wins right to keep sunbathe nude
▼ + stars: | 2023-04-27 | by ( Nadine Schmidt | ) edition.cnn.com time to read: +2 min

Berlin CNN —A German landlord has won the right to sunbathe naked in the courtyard of his Frankfurt building, in spite of complaints from his tenants. The landlord, who has not been named, resorted to taking legal action after a human resources company that rented premises in the building withheld payments because of his fondness for sunbathing nude in a common courtyard area, according to Frankfurt’s highest regional court. The firm, which has also not been identified, had reduced and partially withheld payments that it owed for its office space in the residential building in an upscale neighborhood of the city. “On the contrary, the plaintiff had credibly stated that he always wore a bathrobe, which he only took off directly in front of the sunbed,” it said. There are about 600,000 Germans registered in more than 300 private nudist or FKK clubs and a further 14 affiliated clubs in Austria.

HONG KONG, March 9 (Reuters Breakingviews) - European financial centres are rolling out the red carpet for Chinese companies. Its free-float market capitalisation of $1.9 trillion is just a tenth of the New York Stock Exchange, January data from the World Federation of Exchanges show. Yet as tensions between Washington and Beijing rise and Chinese companies in New York face the threat of delisting, traditionally neutral Zurich has become an attractive alternative. That removes the risk that overseas regulators will demand access to mainland companies’ books - the source of a lengthy spat between the U.S. Public Company Accounting Oversight Board and Beijing. Deutsche Börse (DB1Gn.DE), which operates Frankfurt’s stock exchange, is technically ready to launch the China-Germany Stock Connect, board representative Niels Tomm said in November.

☆ Crypto Startup Saves Frankfurt’s Iconic Euro Sculpture
▼ + stars: | 2022-09-27 | by ( Chelsey Dulaney | ) www.wsj.com time to read: 1 min

The euro sign sculpture was lit for the first time at the strike of midnight on Jan. 1, 2002, to celebrate the official launch of euro bank notes and coins. The euro has fought off countless threats to its existence over the past two decades, from debt crises to politicians who hoped to tear apart the currency union. Over the summer a new risk emerged to the common currency. Not its plunge below parity with the U.S. dollar, but the plan to dismantle an iconic blue sculpture of the euro currency sign, located for more than 20 years in the heart of Frankfurt, Germany’s financial hub. The costs of maintenance, in part due to regular vandalism, had become overwhelming, the local nonprofit who owns it said.

☆ Fact Check-Video purportedly showing North Korea’s military choir covering Rage Against the Machine’s ‘Killing in the Name’ has been digitally altered
▼ + stars: | 2022-09-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video purportedly showing North Korea’s military choir covering the song “Killing in the Name” by Rage Against the Machine has been digitally altered. Although the images do show the country’s military choir, the audio used comes from a July 2019 rock choir event in Frankfurt, Germany. Footage of the country’s military arsenal, such as tanks and missiles, can be seen on big screens in the background. For example, one Twitter user wrote: “‘Killing in the name of,’ sung by those who in fact, work forces... The music audio comes from footage of another event and the images have been edited together to mislead viewers.

Search resuls for: "Frankfurt’s"

8 mentions found