Porsche's outgoing CEO delivers a grim report. The German sports car maker faces a significant operating loss. A new CEO, Michael Leiters, ...

Nestlé, the global food giant, is undergoing significant changes. New CEO Philipp Navratil is tasked with reviving the company's performanc...

Nestle faces pressure to streamline operations after a leadership shakeup and disappointing financial performance. Investors and analysts a...

Nestle abruptly appointed Philipp Navratil as CEO, succeeding Laurent Freixe, who was dismissed for violating the company's code of conduct...

Puma 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...

The market needs to know who will take over when the octogenerian heads of its controlling shareholder - the Porsche-Piech family clan - re...

Volkswagen'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...

Volkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70-75 billion) for Porsche AG, slightly below some...

For Commerzbank, still 15%-owned by the federal government, a foreign takeover may be in the cards down the road.

For years, BMW set the benchmark in luxury, but it needs to hit the accelerator to fend off resurgent rivals such as Mercedes-Benz.