Airbus CEO sees production down 40% over the next two yearsAirbus has so far said it could cut output by a third on average. On June 3, however, Reuters reported it was looking to hold underlying je...
Germany hits back over US virus vaccine interest"Germany is not for sale," economy minister Peter Altmaier told broadcaster ARD, reacting to a front page report in Welt am Sonntag newspap...
Climate change will lead to uncontrollable rise in migration: Study
L'Oreal's Sanofi stake a 'reserve' for takeovers, says Jean-Paul Agon, CEOJean-Paul Agon added that L'Oreal would not shrink from a larger takeover, but such a deal would have to make sense and be affordable.
- Weber for Deutsche chairman, Jain for CEO?
Speculation over Anshu Jain becoming CEO is growing with The Bundesbank boss Weber tipped as German bank’s chairman.
- Turkey allowed US 'extraordinary rendition': WikiLeaks
The US secret services used Turkey as a base to transport "terrorism" suspects as part of its extraordinary rendition programme, German dai...
- Boeing expects to deliver 460-470 planes this year: Report
US aerospace giant Boeing expects to deliver between 460 and 470 planes this year, a German newspaper cited chief executive officer Jim McN...
- VW, Porsche could seal merger in 2010: Manager
Volkswagen and Porsche could push through their planned merger next year and overtake Toyota to become the world's biggest car company by 2...
- Porsche, VW might merge before 2011: Report
German carmakers Porsche and Volkswagen might merge in 2010 already instead of 2011 as currently planned, German newspaper Die Welt reporte...
- German power group E ON to cut 9,000 jobs
Germany's biggest power company E ON plans to slash 9,000 jobs as part of a belt-tightening drive aimed at saving 1.5 billion euros (2.0 bi...
- US may now support bank debt, deposits
The US government is weighing guaranteeing billions of dollars in bank debt and temporarily insuring all US bank deposits, in a bid to unfr...
- Germany working on UK-style banking bailout: Report
The plan involves a capital injection of over 10 billion euros ($13.5 billion) in return for equity stakes in the banks. 2008: Year of fina...
- Allianz says is in talks to sell Dresdner Bank
German insurance giant Allianz is in "advanced talks" on the future of its Dresdner Bank unit, "that may or may not lead to a deal," it sai...
- No further delay in Dreamliner deliveries: Boeing
Leading US jet builder Boeing today denied German media reports that deliveries of its next-generation B787 Dreamliner would be delayed by ...
- No further delay in Dreamliner deliveries: Boeing
Leading US jet builder Boeing denied on Saturday German media reports that deliveries of its next-generation B787 Dreamliner would be delay...
- Siemens to rejig its major international operations
German engineering group Siemens is planning to shake up its national entities and reorganise international operations into 20 regional cen...
- ArcelorMittal sees no halt to growth
The world's biggest steelmaker, ArcelorMittal, sees no slowing of global growth in the steel industry, chief executive Lakshmi Mittal said ...