VW cost cutting necessary after 'decades of structural problems', CEO tells paperVolkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...
03 Nov, 2024, 02.42 PM IST
Indian women go down 2-4 to Germany, suffer seventh consecutive loss in FIH Pro LeagueThe Indian women's hockey team suffered a seventh consecutive defeat in the FIH Pro League, losing 2-4 to Germany despite initially leading...
08 Jun, 2024, 04.43 PM IST
NATO chief says Russia may use chemical weapons: German paper"In recent days, we have heard absurd claims about chemical and biological weapons laboratories," Stoltenberg was quoted by Welt am Sonntag...
13 Mar, 2022, 08.58 AM IST
Germany to sever ties with accounting watchdogBild am Sonntag newspaper reported earlier on Sunday that the Justice and Finance Ministries would on Monday cut ties with the FREP, a quas...
29 Jun, 2020, 07.02 AM IST
Germany tries to stop US from luring away firm seeking coronavirus vaccineOn its website, CureVac said CEO Daniel Menichella early this month met Trump, Vice President Mike Pence, members of the White House Corona...
15 Mar, 2020, 10.15 PM IST
Volkswagen could face recall of more cars over emissions: ReportVW has had to recall hundreds of thousands of cars around the world since it admitted in Sept. 2015 to installing illegal software in diese...
13 Jan, 2019, 05.59 PM IST
Germany's TAG Immobilien CEO Rolf Elgeti further expands private assets: ReportTAG Immobilien CEO Rolf Elgeti commissioned a 3.7 million euro ($4.99 million) purchase of a department store in eastern Germany on Oct. 18.
02 Nov, 2013, 06.55 PM IST
- UBS loss may result in trading risks curbs
Britain's Financial Services Authority and its Swiss counterpart to initiate probe; chief executive officer Oswald Gruebel not to resign.
19 Sep, 2011, 04.08 AM IST
- Daimler won't be split in two: Report
Daimler's trucks boss Andreas Renschler said there are no plans to split the German company into a passenger car maker and a truck maker, a...
17 Jul, 2010, 04.41 PM IST
- Swiss banks to announce massive losses: report
Two of Switzerland's largest banks, UBS and Credit Suisse, are set to announce combined losses for 2008 of 29 bn Swiss francs later this we...
08 Feb, 2009, 10.57 PM IST
- Credit Suisse clients lost 1 bn francs in Madoff scam
Clients of Switzerland's second biggest bank Credit Suisse have lost up to a billion Swiss francs in the alleged pyramid scheme of Wall Str...
28 Dec, 2008, 04.17 PM IST
- Thousands more job cuts at to come UBS: Report
Switzerland's biggest bank UBS, which has been hurt badly by the United States subprime crisis, will slash up to 4,500 more jobs.
07 Dec, 2008, 09.38 PM IST
- Steps to help German economy will save one mn jobs: Minister
Measures to be rolled out on Wednesday to help Germany weather the global economic crisis will create or guarantee nearly one million jobs,...
02 Nov, 2008, 09.36 PM IST
- Swiss mull UBS subprime prosecutions: Report
Swiss prosecutors are examining whether officials at UBS AG broke any laws by withholding information about the bank's exposure to the subp...
26 Oct, 2008, 08.43 PM IST
- Swiss bank UBS to cut 8,000 jobs: Report
Swiss banking giant UBS on Monday declined comment on a report which claimed that the group, currently the worst-hit financial institution ...
28 Apr, 2008, 08.09 PM IST
- UBS investors to consider infusion of fresh capital
UBS shareholders will consider a proposal for a fresh capital hike of 10 billion Swiss francs ($9.88 billion) next month, according to a Sw...
24 Mar, 2008, 01.43 AM IST
- Nestle may name Polman as next CEO
Nestle, the world’s largest food company, is most likely to name chief financial officer Paul Polman as its new chief executive, replacing ...
17 Sep, 2007, 04.34 AM IST