Search Results for: Germany
PwC completes acquisition of Booz & Co
April 7th, 2014
PWC HAS COMPLETED its acquisition of international consultancy business Booz & Co following regulatory and partner approval. Booz & Company is to join PwC and become part of the PwC Network. The consultancy will rebrand to Strategy &, which ...
BMW’s March Push Narrows Mercedes’ U.S. Luxury Sales Lead
April 2nd, 2014
Bayerische Motoren Werke AG’s BMW brand posted its best March sales ever, helping the German luxury-automaker shrink Mercedes-Benz’s 2014 lead. BMW sold 32,107 vehicles last month, an increase of 19 percent from a year earlier, led by its mid-size ...
European Stocks Climb After Weekly Gain; Novartis Gains
March 31st, 2014
European stocks rose, after the biggest weekly gain in more than a month, as investors awaited economic data out of Europe and America later this week. U.S. stock-index futures and Asian shares climbed. Novartis AG advanced 2.8 percent after ...
Siemens CEO Rebuked as German Business Defends Putin Partnership
March 31st, 2014
Chancellor Angela Merkel’s deputy chided Siemens AG (SIE) Chief Executive Officer Joe Kaeser for traveling to Moscow, saying German companies shouldn’t sell out European values to protect business with Russia. The conflict over Kaeser’s meeting with President Vladimir Putin ...
European Stocks Climb Before Euro-Area Confidence Report
March 28th, 2014
European stocks advanced, paring their monthly loss, as investors awaited data that may show euro-area economic confidence rose in March. U.S. index futures and Asian shares also climbed. Intesa Sanpaolo SpA gained 1.9 percent as it forecast dividend payouts ...
Airbus to supply 70 jets to China, worth more than $10bn
March 27th, 2014
European aviation giant Airbus has signed a deal to supply 70 jets, worth more than $10bn (£6bn), to China’s state-owned purchasing agency. The deal had been on hold because of a row between the EU and outside countries over ...
GM Down 14% Shows Barra Challenges From Recalls to China
March 27th, 2014
Less than three months into her tenure as General Motors Co. chief executive officer, Mary Barra has more than recalls to worry about. GM shares are down almost 14 percent since Barra took the helm Jan. 15 through yesterday, ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
Asia Stocks Rise as Copper Slips Amid China Stimulus Talk
March 24th, 2014
Asian shares rose, with the regional index rebounding from its biggest two-week decline since June, and the yen fell. Nickel slid after a seventh weekly gain as a preliminary Chinese manufacturing gauge unexpectedly fell, while gold and silver retreated. ...
How Suntech, Chinese Solar Giant, Was Snared In An Italian Fraud Scandal
March 21st, 2014
As 2008 began, the future looked brilliant for green energy giant Suntech Power and its high-flying founder, Shi Zhengrong. Suntech was one of the world’s largest makers of solar panels, the first non-state-owned Chinese company traded on the New ...
