European passenger traffic up 5.4% during May 2010 TravelDailyNews | As the summer holiday season kicks off, European airport trade body ACI Europe released its figures for May, reporting a positive growth trend for much of the continent. The overall passenger traffic at European airports increased by +5.4% in May 2010 compared with May 2009. The overall freight tr...
Infineon risks missing wireless unit opportunity The Guardian * Sale of wireless unit could generate 1.4 bln in cash * Time to sell is now, before Infineon loses tech edge * Intel, Samsung pegged as potential buyers * Infineon has poor divestment track record By Nicola Leske and Jens Hack FRANKFURT/MUNICH, July...
HeidelbergCement Q2 oper profit beats estimates The Guardian * Q2 OIBD 693 million eur vs 670 million forecast * CEO repeats that company to benefit from economic upswing * Net debt up by 100 million eur to 9.07 bln (Adds details, background) FRANKFURT, July 30 (Reuters) - Germany's HeidelbergCement beat expec...
Siemens and VW Surge on Roaring Demand From China The New York Times | FRANKFURT — Germany continued to show surprising strength Thursday as a drop in unemployment, coupled along with better-than-expected profit at two of the country’s biggest manufacturers, underscored how Europe’s largest economy i...
Condor Announces Interline Agreement with Mexicana redOrbit | KELSTERBACH, Germany, July 29 /PRNewswire/ -- Condor Airlines today announced they have entered into an interline agreement with Mexicana, increasing the number of Latin American destinations offered to Condor's guests. The German leisure carrier e...
UBS and Deutsche Bank Report Gains for Second Quarter The New York Times | FRANKFURT — Shares of UBS of Switzerland and Deutsche Bank of Germany rose sharply after they reported second-quarter earnings Tuesday, signaling renewed confidence in Euro...
Airbus CEO expects US order in coming days The Times Of India FRANKFURT: EADS unit Airbus expects to receive an order for 20 to 30 new aircraft in the coming days, the plane maker's Chief Executive Tom Enders told a German newspaper. | "This ...
German jobless rate edges up to 7.6 percent Philadelphia Daily News | JUERGEN BAETZ | The Associated Press | BERLIN - Germany's unemployment rate edged up slightly to 7.6 percent in July from 7.5 percent the previous month as summer vacations started, but the labor market is still on the road to recovery, new data sh...
German unemployment rate edges up to 7.6 percent in July from 7.5 percent in June Star Tribune | BERLIN - Germany's unemployment rate edged up slightly to 7.6 percent in July from 7.5 percent the previous month as summer vacations started, but the labor market is still on the road to recovery, new data showed Thursday. | A total of 3.192 milli...
German Jobless Rate Edges Up to 7.6 Percent The New York Times | Filed at 6:15 a.m. ET | BERLIN (AP) -- Germany's unemployment rate edged up slightly to 7.6 percent in July from 7.5 percent the previous month as summer vacations started, but the labor market is still on the road to recovery, new data showed Thur...
Siemens quarterly earnings up 9 percent Herald Tribune | BERLIN - A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher in the most recent quarter, the industrial conglomerate said Thursday. | Siemens, based in Munich, reported net profit of nearly euro1.44 billion ($1.9 billion) for the April-June period, the company's fiscal third quarter, up from eur...
