Strong Yen Helps to Fuel Germany's Export Boom The New York Times | FRANKFURT — There was a touch of schadenfreude in the most recent earnings report issued by Kuka, a company based in the Bavarian city of Augsburg whose orange industrial robots are a common site on auto assembly lines around the world. | Kuka said last month that its sales had bounced back ...
Shares in Europe and Asia Continue to Slip The New York Times | Global equities fell Wednesday, as the strong yen weighed on Tokyo stocks and a downgrade of Ireland’s credit rating reminded investors of the sovereign debt problems in Europe. | In afternoon trading, the Euro Stoxx 50 index, a barometer of euro zone blue chips, slipped 0.4 percent, while t...
'Me-too' tablets set their sights on the iPad The Boston Globe | FRANKFURT - Samsung Electronics Co. and unveiled tablet computers in Berlin yesterday, aiming to take market share from Apple Inc.'s iPad with their lower-priced "me-too'' devices. | Toshiba said at the consumer electronics fair IFA that the recomm...
European stocks soar on US data; dollar breaches 85 yen Breitbart | A trader sits in front of a board displaying the German share index DAX at ... | European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the United States. | The ...
Continental AG issue encourages junk bond market The Guardian * Lower borrowing costs to trigger more high-yield supply * Spreads over swaps could continue to tighten for company * Schaeffler's operating unit results soothe fears (Adds credit analysts on health of high-yield market) By Christiaan Hetzner FRANKF...
Business Briefs The Oklahoman Oklahoman Leave a comment | nation | Dell quits bid to buy 3Par | SEATTLE — Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc. Dell said Thursday it won't match HP's ...
AP / Michael Sohn
Merkel Is in Europe's Driving Seat Wall Street Journal | There are countries that would love a budget deficit for this year as low as 3.5% of GDP. Britain (11.5%), Spain (9.4%%), Greece (8.1%) and France (7.8%) can only dream. | In Ger...
European Data Point to Strength, but Doubts Linger The New York Times | PARIS — Euro-zone manufacturers met with unexpectedly strong demand for industrial goods in June, a report showed Tuesday, suggesting Germany’s export-driven factorie...
Strong Yen Helps to Fuel Germany's Export Boom The New York Times | FRANKFURT — There was a touch of schadenfreude in the most recent earnings report issued by Kuka, a company based in the Bavarian city of Augsburg whose orange industrial robots are a common site on auto assembly lines around the world. | Kuk...
Berggruen says Karstadt buy clears final hurdle The Guardian * Berggruen says all involved parties have given nod * Agreement comes a day ahead of court insolvency decision * Agreement clears way for Karstadt sale to Berggruen (Recasts; adds Berggruen statement, details, background) FRANKFURT/BERLIN, Sept 2 (R...
Ryanair: Germany routes may be closed because of new departure tax m&c | Berlin - Ryanair, Europe's largest budget airline, may close some of its routes in Germany because of a new departure tax being introduced by the Berlin government, company officials said Thursday. | 'We will have to review all of our routes, and i...
Boeing supports Vietnam Air’s aircraft interior upgrade The Saigon Times A Boeing 777-200ER of Vietnam Airlines sits at Frankfurt Airport in Germany. Boeing aids the carrier in the interior upgrade of the aircraft of this type - Photo: Mong Binh HCMC - The U.S. airplane maker Boeing has partnered with Vietnam Airlines in a program to modernize the interior of the airline’s four 777-200ER aircraft in a bid to provide i...
