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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


TomTom's new Pro 8 series driver terminals

HANOVER, GERMANY: TomTom Telematics has launched it its new PRO 8 series driver terminals at the IAA Commercial Vehicle Show, which it claims will revolutionise the possibilities and impact of Fleet Management on the business processes of clients in all industries.

25 Sep 2014


Bosch buys ZF Friedrichshafen

BERLIN, GERMANY: German electronic car parts maker Bosch it had bought the share of ZF Friedrichshafen in their co-venture, which could pave the way for ZF to buy a US rival.

16 Sep 2014


Samsung's new 'phablets' and smartwatch

BERLIN, GERMANY: South Korean company Samsung unveiled the next generation of its "phablet" and "smartwatch" gadgets at the IFA consumer electronics fair along with a virtual reality headset the Samsung VR.

4 Sep 2014


Porsche's former boss to stand trial

FRANKFURT, GERMANY: A German court ruled that Porsche's former chief executive and financial officers must stand trial for alleged share price manipulation in a failed attempt to take over Volkswagen in 2008.

29 Aug 2014


BMW gets off to roaring start in 2014

FRANKFURT - German top-of-the-range car manufacturer BMW said it got off to a strong start in 2014 with earnings and revenues rising in the first three months.

8 May 2014


Adidas profits hurt by strong euro

FRANKFURT, GERMANY: Adidas, the German maker of sportswear and equipment, says that earnings are down in the first quarter, hit by unfavourable exchange rates and the strong euro.

8 May 2014


BMW recalls 500 000 cars worldwide

FRANKFURT, GERMANY: German's BMW is recalling almost half a million vehicles worldwide because of an engine part defect, a company spokesman said.

14 Apr 2014


Britain, Germany to collaborate on 5G mobile network

HANOVER, GERMANY: Britain and Germany will team up to work on developing the next super-fast mobile network, 5G, Prime Minister David Cameron told the opening of the world's biggest high-technology fair.

11 Mar 2014


Audi to invest €22bn in new models and technology

BERLIN, GERMANY: Audi, the top-of-the-range car manufacturer owned by Volkswagen, announced a massive investment programme in new models and technology over the next five years.

31 Dec 2013


Daimler teams up with Aston Martin on engines

FRANKFURT, GERMANY: German car company Daimler said it will team up with Aston Martin to build new engines for the British luxury brand's next generation of models.

20 Dec 2013


GM to dump Chevrolet brand in Europe by 2016

FRANKFURT, GERMANY: - US company General Motors will drop its Chevrolet brand from the European market by 2016, citing the prevailing and difficult economic situation for the decision.

6 Dec 2013


German TV maker Loewe files for bankruptcy

BERLIN, GERMANY: German high-end television manufacturer Loewe said on Tuesday (1 October) it had filed for bankruptcy but also voiced hope that an investor could be found to rescue the 90-year-old company.

2 Oct 2013


Siemens to cut 15 000 jobs next year

BERLIN, GERMANY: German engineering and technology company Siemens said it plans to cut 15,000 jobs worldwide by late next year as part of a cost-cutting drive. At least 5,000 jobs will be lost in Germany itself.

1 Oct 2013

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