More recently, heads of big banks would have been ashamed by their institutions’ statistics, which they offer to investors. For example, in late January, Deutsche Bank reported a loss of 6.8 billion euros ($ 7.4 billion) for 2015. In the III quarter of last year, an average return on equity in the...

As the company struggles and continues to grapple with the effects of the emissions test rigging scandal that hit it late last year, German carmaker Volkswagen said it would push back publication of 2015 results and its annual shareholders' meeting.   Volkswagen (VW) still lacks a technical...

After the two firms reached a consensus on most points, Taiwan's Foxconn is aiming to finalize a deal to acquire Japan's Sharp Corp by the end of the month, Foxconn Chief Executive Officer Terry Gou said.   After meeting with executives of the struggling electronics maker Gou said that most...

After Daimler expressed caution about 2016’s prospects, some analysts reckoned the company’s message was misunderstood, there was fall in the shares of the company on the Frankfurt stock exchange.    Clocking slightly above expert expectations, Daimler had earlier reported earnings...

German companies are in the limelight of Chinese investors’ attention. What buyers from China are primarily interested in? Germany remains the most attractive country in Europe for Chinese investors for the second year in a row. The slowdown of the Chinese economy does not diminish activity of...

In what is being termed a robust measure to ensure the safety of EU citizens’ data when transferred across the Atlantic by firms such as Facebook, Apple and Google, Europe and the US have reached a new deal over data sharing.   Companies would be able to transfer and process EU...

Even as Yahoo Inc continues with its plan to revamp the business and spin it off, the tech giant said on Tuesday that it would consider "strategic alternatives" for its core Internet business and cut about 15 percent of its workforce.   Under growing pressure from impatient shareholders, the...

Marking the largest ever overseas acquisition by a Chinese firm, an agreed $43 billion bid would be made by China's state-owned ChemChina for Swiss seeds and pesticides group Syngenta, the companies said on Wednesday.   This is being seen as a setback for U.S. seed company Monsanto, which...

Exhibiting that even one of the nimblest oil producers is struggling in the worst market downturn in over a decade, BP slumped to its biggest annual loss last year and announced thousands more job cuts on Tuesday.   It would cut 7,000 jobs by the end of 2017, or nearly 9 percent of its...