GE facing millions in penalities over French job pledge

US conglomerate General Electric will have to pay millions of euros in penalties in France if it fails to uphold its pledge to create 1,000 new jobs by year end, a government official said Sunday.

Refund ordered for Austrian car buyer over Dieselgate

A Vienna court has ordered a car dealer to reimburse a customer who bought a Volkswagen car because it was fitted with software designed to cheat emissions tests, the buyer's lawyers said Thursday.

Deutsche Telekom confident after Q1 profit bump

Germany's Deutsche Telekom lifted its earnings forecast for 2018 on Wednesday as it presented first-quarter results, saying fast growth especially in US arm T-Mobile would juice its operating income.

Deutsche Post digs deep to master parcel boom

German logistics group Deutsche Post DHL confirmed its annual forecasts Tuesday, showing confidence although first-quarter profits slipped in the midst of a package boom spurred by online shopping.

Fiat Chrysler drives profits higher

Fiat Chrysler (FCA) said Thursday that its net profit jumped 59 percent in the first quarter of the year, but unfavourable exchange rate changes ate away at an increase in sales of vehicles.

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