The head of German airline Lufthansa, Christoph Franz, will step down at the end of his current contract in May 2014 to head the board of directors at Roche pharmaceutical group, the companies announced on Monday.
Business
Sep 16, 2013
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Mexican billionaire Carlos Slim on Friday moved to spread his telecoms empire into central and eastern Europe by raising his stake in Telekom Austria to 9.9 percent with the aim of obtaining 25.9 percent.
Business
Jun 15, 2012
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Mandated quotas are raising the number of women appointed to top company posts in Europe and sparking a cultural push for gender equality, but entrenched networks are getting in the way of achieving true boardroom diversity, ...
Social Sciences
Sep 6, 2018
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(AP) -- The chief executive of German software company SAP AG, Leo Apotheker, has resigned after his contract was not renewed and will be succeeded by two co-CEOs, the company said Sunday.
Business
Feb 8, 2010
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US computer giant Hewlett-Packard said Friday it was closing its enterprise software operation in Ruesselsheim, Germany, in a move eliminating at least 850 jobs.
Business
Feb 1, 2013
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German automaker Volkswagen on Friday said it planned to invest more than 34 billion euros ($40 billion) over the next five years in new technologies to advance its push to become a global leader in electric cars.
Energy & Green Tech
Nov 17, 2017
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German car giant Volkswagen is set to replace chief executive Matthias Mueller Thursday, as it seeks to turn the page on the "dieselgate" emissions scandal that has dogged the company since 2015.
Business
Apr 12, 2018
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German luxury automaker Daimler, owner of the Mercedes-Benz and Smart brands, plans to speed up its push into electro-mobility in the race against US pioneer Tesla and German rival BMW, a report said Wednesday.
Business
Jun 22, 2016
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Volkswagen's "dieselgate" crisis turned personal this week, as the German auto giant's patriarch and ex-boss Ferdinand Piech implicated his successors in the cheating scandal.
Business
Feb 9, 2017
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German carmaker Audi said Tuesday it had named a new interim chief, a day after prosecutors arrested boss Rupert Stadler in connection with parent company Volkswagen's "dieselgate" scandal.
Business
Jun 19, 2018
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