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SOUTH AFRICA

Online shopping spree buys Deutsche Post more profit

Growth in online shopping continued to provide a bonanza for German logistics group Deutsche Post in the third quarter, the firm reported, confirming its forecast for the full year...

9 Nov 2017

GERMANY

Nivea maker Beiersdorf looks to smooth growth after 'successful' 2015

FRANKFURT - Beiersdorf, the German maker of Nivea cream products, said Wednesday it expects to attain higher sales and earnings this year after a "successful" year in 2015...

18 Feb 2016

GERMANY

German retail giant Metro sees 'significant increase' in quarterly profit

FRANKFURT - German retail and distribution giant Metro said Tuesday it expects to have achieved a "significant" increase in quarterly profits, thanks to "very good" Christmas business and gains from the sale of its cash-and carry business in Vietnam...

14 Jan 2016

GERMANY

Adidas sees steep costs from strong dollar next year

FRANKFURT - German sportswear and equipment giant Adidas expects costs to increase sharply next year as a result of the strong dollar, its chief financial officer said in a newspaper interview on Thursday.

28 Dec 2015

GERMANY

German TV says no sign Varoufakis middle-finger video is fake

BERLIN, GERMANY: A video showing Greek Finance Minister Yanis Varoufakis making the middle-finger gesture to Germany does not appear to be fake, a German talk show said this week (Video)...

18 Mar 2015

GERMANY

Google sees Amazon as its biggest competition

BERLIN, GERMANY: Google boss Eric Schmidt said his company's biggest competition as a search engine came from e-commerce company Amazon, and not from other search engines.

14 Oct 2014

GERMANY

Rocket Internet loses value in IPO

BERLIN, GERMANY: Germany's ambitious start-up platform Rocket Internet made its high-profile arrival on the Frankfurt stock market on Thursday, 2 October, but got off to a disappointing start as shares slumped in early trading.

3 Oct 2014

GERMANY

Sky Deutschland against BSkyB offer

BERLIN, GERMANY: German pay-TV channel Sky Deutschland's management and supervisory board recommended that shareholders reject a purchase offer by Britain's satellite TV group BSkyB.

18 Sep 2014

GERMANY

Telefonic to raise cash to pay for E-Plus

FRANKFURT, GERMANY: Telefonica Deutschland, the German subsidiary of Spanish telecommunications group Telefonica, said it was planning a capital increase to pay for the purchase of rival operator E-Plus.

11 Sep 2014

GERMANY

Germany puts 590 works from Nazi art trove online

BERLIN - Germany will catalogue online from this week 590 artworks thought to have been looted by the Nazis that is part of a vast art treasure trove found in a garbage-strewn flat.

18 Nov 2013

GERMANY

Volkswagen to de-list from London Stock Exchange

FRANKFURT, GERMANY: German manufacturer Volkswagen plans to withdraw its shares from trading on the London Stock Exchange later this month.

1 Oct 2013

GERMANY

European insurers discover cyber protection market

FRANKFURT, GERMANY: It's already a booming market in the United States, but in Europe, companies are now waking up to the idea of cyber insurance to protect themselves against losses through an Internet attack.

25 Sep 2013

UNITED STATES

Deutsche Telekom sweetens T-Mobile-MetroPCS pitch

NEW YORK, US/BERLIN, GERMANY: Deutsche Telekom AG on Wednesday said it submitted final, sweetened terms it hoped will win shareholder backing for a merger of subsidiary T-Mobile USA with rival wireless carrier MetroPCS.

11 Apr 2013

GERMANY

Mood of the World report shows most of world focuses on inflation

NUREMBURG, GERMANY: British consumers are facing the double whammy of still feeling the effects of recession even as rising costs fuel inflationary worries. They are not alone in the world, though, according to GfK Roper Consulting's 2011 Mood of the World Report, which is based on a global survey of more than 32 000 consumers ages 15 and older in 25 countries.

25 Aug 2011

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