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Major news items in leading German newspapers

Xinhua, May 3, 2017 Adjust font size:

The following are major news items in leading German newspapers on Wednesday.

Sueddeutsche Zeitung

In the past months criminal hackers have succeeded, trough a clever executed manoeuvre, to redirect money from bank customers to their own account. The hackers have exploited a weak point in the telecommunication network.

German O2-Telefonica confirmed the incidents.

Frankfurter Allgemeine Zeitung

The Chinese business and financial conglomerate HNA has become the largest shareholder in German Deutsche Bank. HNA has increased its shareholding to 9.92 percent, which means: the share package has a value of 3.4 billion euros.

Bild Zeitung

German Volkswagen (VW) has significantly boosted the profit for the year as a result of growth in most passenger car brands. The net profit climbed 43.9 percent to 3.4 billon euros, VW announced on Wednesday.

Handelsblatt

On Wednesday, German Chancellor Angela Merkel rejected allegations that the refugee agreement with Turkey can be blackmailed. Chancellor Merkel said, "as a German chancell she was completely free to clearly state what we are observing in Turkey