Mon Nov 23, 2009 7:02 PM EST
German business confidence rose for an eighth consecutive month in November as Europe's biggest economy recovered steadily from its worst recession in decades, a leading survey showed Tuesday.
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Fri Nov 20, 2009 6:51 AM EST
General Motors Co. will present to unions on Wednesday its restructuring plan for the Opel unit, expected to include up to 9,500 job cuts, the carmaker's top official in Europe said Tuesday.
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Thu Nov 19, 2009 3:40 AM EST
German chipmaker Infineon Technologies AG said Thursday its fourth quarter net income rose sharply from a large loss a year ago as the company saw cost reductions help its results.
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Fri Nov 13, 2009 5:53 AM EST
German car maker Volkswagen AG said Friday that its group deliveries were up 11 percent on the year in October, helped by strong increases in China and Brazil and a smaller rise in the U.S.
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Sun Nov 8, 2009 7:52 PM EST
German sportswear company Puma AG said Monday net income fell 24 percent in the third quarter due to a drop in sales, especially for footwear and in its American markets.
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Sun Nov 8, 2009 7:02 PM EST
German insurer Allianz SE said Monday it posted a net profit in the third quarter from a loss a year ago due to improved revenue in life and health insurance and financial services.
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Fri Nov 6, 2009 6:02 AM EST
German reinsurance company Hannover Re AG reported net income of euro159 million ($235 million) in the third quarter from a loss a year ago, as a result of an increase in premiums and a one-off profit related to a recent acquisition.
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Wed Nov 4, 2009 10:13 AM EST
German sportswear company Adidas AG said Wednesday its net income fell 30 percent in the third quarter as it saw sales decline, especially at its sport performance division.
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Tue Nov 3, 2009 5:05 AM EST
German carmaker BMW AG said Tuesday its net income fell 74 percent in the third quarter as it continued to be affected by the global economic downturn.
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Tue Nov 3, 2009 12:21 AM EST
The board of General Motors Co. is expected to decide Tuesday the fate of Opel and Vauxhall, ending more than a year of uncertainty surrounding its business and restructuring in Europe and the U.S.
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Thu Oct 29, 2009 6:34 AM EDT
German airline operator Deutsche Lufthansa AG said Thursday net income in the third quarter rose 23 percent because of the addition of new group airlines.
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Thu Oct 29, 2009 5:34 AM EDT
German chemical company BASF SE said Thursday net income fell 69 percent in the third quarter as the global downturn hurt demand and prices for the company's products.
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Mon Oct 26, 2009 5:53 AM EDT
German drug and chemical maker Merck KGaA reported Monday that net income fell 28 percent to euro144 million ($216 million) in the third quarter as weak demand hurt revenue, but said its chemicals and liquid crystals divisions were recovering.
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Fri Oct 23, 2009 6:26 AM EDT
German business confidence rose for a seventh consecutive month in October as Europe's largest economy showed more signs of recovery and firms' outlook for exports improved, a survey found Friday.
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Tue Oct 13, 2009 6:42 AM EDT
German investor confidence dipped in October as mixed economic data suggested Europe's biggest economy will recover only slowly, a closely watched survey showed Tuesday.
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Fri Oct 9, 2009 5:46 AM EDT
German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect demand, but noted it fared better than the wider market and saw gains in some regions.
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Fri Sep 25, 2009 4:58 AM EDT
Economic recovery is the main issue in Germany's elections Sunday, and Chancellor Angela Merkel says tax cuts should be used to spur more growth — something her challenger disputes.
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Tue Sep 15, 2009 1:13 AM EDT
German carmaker Volkswagen AG said it would unveil several new models at this week's Frankfurt Auto Show, including an electric car called the E-Up.
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Wed Sep 9, 2009 7:16 PM EDT
The new General Motors Co. board apparently has decided what to do with its troubled German-based Opel unit, but nothing will be made public until German government officials and Opel's board are notified early Thursday, a person familiar with the situation said.
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Wed Sep 9, 2009 3:07 PM EDT
The new General Motors Co. board is weighing four options for its German-based Opel unit, including keeping the operation or letting it slide into bankruptcy protection, a person familiar with the options said Wednesday.
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Thu Sep 3, 2009 1:29 PM EDT
German reinsurance company Munich Re AG expects more moderate growth in the economy "very soon" and may resume its share buyback program if markets keep improving, the chief financial officer said.
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Mon Aug 31, 2009 6:34 AM EDT
German media company Bertelsmann said Monday it lost money in the first half of the year on declines in advertising revenue and consumer spending.
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Fri Aug 28, 2009 12:36 PM EDT
German airline Deutsche Lufthansa AG said Friday the European Commission has approved its takeover of Austrian Airlines Group, allowing it start integrating the company in September.
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Wed Aug 26, 2009 6:27 AM EDT
German consumers' confidence in their economy — Europe's largest — continued to rise as growth and income expectations for September increased from August, a leading survey said Thursday.
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Tue Aug 25, 2009 2:27 PM EDT
German airline Air Berlin PLC said Tuesday its net profit fell about 9 percent in the second quarter as the global economic downturn continued to weigh on air travel.
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