Porsche's new CEO will inherit old problemsPorsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...
Nightmare at Nestlé: The world's biggest food company faces a reckoningNestlé, the global food giant, is undergoing significant changes. New CEO Philipp Navratil is tasked with reviving the company's performanc...
Nestle CEO shake-up overshadows broader malaiseNestle faces pressure to streamline operations after a leadership shakeup and disappointing financial performance. Investors and analysts a...
Nestle's new CEO faces full plate of problemsNestle abruptly appointed Philipp Navratil as CEO, succeeding Laurent Freixe, who was dismissed for violating the company's code of conduct...
Puma's new boss takes helm trailing Adidas and a recovering NikePuma is facing a tough time. New CEO Arthur Hoeld aims to revive the brand. Puma is struggling with unsold stock. Rivals like Adidas and Ni...
Volkswagen's efforts to boost valuation stifled by lack of succession planThe market needs to know who will take over when the octogenerian heads of its controlling shareholder - the Porsche-Piech family clan - re...
Volkswagen under fire over Xinjiang plant after China chief visitVolkswagen's China chief Ralf Brandstaetter spent 1-1/2 days on Feb. 16-17 touring the German group's facility in the region, which is part...
Investors mixed as Porsche seeks price tag of up to $75 billionVolkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70-75 billion) for Porsche AG, slightly below some...
Deutsche Bank ends merger talks with CommerzbankFor Commerzbank, still 15%-owned by the federal government, a foreign takeover may be in the cards down the road.
BMW invokes fear factor to rally troops around e-carsFor years, BMW set the benchmark in luxury, but it needs to hit the accelerator to fend off resurgent rivals such as Mercedes-Benz.