Bosch has the tools to engineer success
March 05, 2013 | 10:14
Bosch, a prominent automotive industry parts supplier, has already triumphed in a number of South East Asian markets.
Siemens enters 2013 with full head of steam
January 28, 2013 | 17:29
Siemens has reaped a solid start in fiscal 2013.
Greece borrows at steady rates as buy-back ends
December 12, 2012 | 10:07
Greece raised 4.387 billion euros ($5.7 billion) at little-changed interest rates on Tuesday with a special bond issue to pay immediate bills amid indications a vital debt buy-back scheme had succeeded, exceeding the target.
Eurozone to meet on Greek aid, debt accord extension
October 27, 2012 | 09:33
Eurozone ministers and officials are to hold a series of potentially critical meetings on Greece next week to decide whether it has done enough to get its next aid tranche and so avoid bankruptcy.
EU to offer a trade bonanza
June 23, 2012 | 15:05
Vietnamese firms are urged to export more processed products to the rich European Union market.
Spain imposes drastic reform to clean up banks
May 12, 2012 | 08:45
Spain announced Friday drastic reforms forcing banks to set up a new 30-billion-euro ($39 billion) financial cushion and to remove risky property assets from their accounts.
Eurozone boosts anti-crisis firewall to one trillion dollars
March 31, 2012 | 07:58
Eurozone ministers hailed a deal Friday to boost their firewall against the debt crisis to more than a trillion dollars but analysts were quick to pounce on "window dressing" to pad out the figures.
Prada 2011 net profit climbs 72.2 pct on Asia retail sales
March 30, 2012 | 09:41
Italian luxury design house Prada said Thursday its net profit soared 72.2 percent in the year ending January 2012, driven by strong retail sales especially in Asia.
Eurozone delays crucial Greek bailout decision
February 15, 2012 | 08:29
Eurozone finance ministers put a new Greek bailout on hold Tuesday after Athens failed to meet conditions set by lenders in return for a rescue package Athens desperately needs to avoid default.
European stocks, euro lower
January 05, 2012 | 08:49
European stock markets closed lower and the euro fell Wednesday as concerns over the eurozone debt crisis once again unsettled investors after sharp recent gains.
Repsol buys back 2.57 bn euros of shares from Sacyr
December 21, 2011 | 09:12
Spanish oil titan Repsol bought back 2.57 billion euros ($3.4 billion) of its own shares Tuesday from debt-laden builder Sacyr Vallerhermoso, which was fighting off creditors.
EADS delays Airbus A350 delivery by six months
November 11, 2011 | 08:56
Airbus parent company EADS announced on Thursday a six-month delay in first deliveries of its A350 long-haul jetliner but raised its earnings outlook for the year after third-quarter profits surged.
Daimler net profit falls in third quarter
October 27, 2011 | 15:50
German automaker Daimler said Thursday that its net profit fell by 16 per cent in the third quarter due to writedowns on its investments in French and Russian groups Renault and Kamaz.
BMW results highlight global demand for luxury cars
August 03, 2011 | 08:49
German automaker BMW said Tuesday it would probably build its first assembly plant in Brazil after strong demand for luxury cars generated stellar earnings for the global leader.
Siemens surprises with heavy drop in Q3 profit
July 28, 2011 | 14:39
German industrial giant Siemens unveiled Thursday unexpected charges that pushed its third-quarter net profit 65 per cent lower than in the same period a year earlier to 501 million euros ($719 million).
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