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SOUTH AFRICA

Book on Steinhoff's demise shows danger of 'big men' business leaders

The collapse of Steinhoff International, the multi-billion dollar global business group, has been rightly described as the biggest corporate scandal in South African history...

By Mills Soko 16 Nov 2018

SOUTH AFRICA

Steinhoff investors ask to join Dutch lawsuit

The Dutch Investors Association (VEB) says it has been approached by many South African-registered Steinhoff shareholders interested in participating in its class action against Steinhoff...

By Ann Crotty 12 Jan 2018

SOUTH AFRICA

Going the Reit route could help Attacq

Attacq, which owns the Waterfall development precinct, anchored by the 131,000m2 Mall of Africa near Midrand, last week reported foreign exchange and impairment losses of R280m on its European and African interests...

By Joan Muller 26 Sep 2017

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

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

German book publishers 'not scared' of Amazon

FRANKFURT, GERMANY: Germany's book publishers are ready to face down competition from online retailer Amazon as the retailer is probed by the European Union of its tax deals, pricing disputes and market dominance.

8 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

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

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

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

GERMANY

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

GERMANY

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

GERMANY

German recluse launches website on 'Nazi art' trove

BERLIN, GERMANY: The elderly German son of a Nazi-era art dealer has launched a website with information about an art trove discovered at his home, suspected to contain Nazi-looted works.

18 Feb 2014

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