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German state premier opposes breakup of Thyssenkrupp

The premier of the German state where Thyssenkrupp is based on Thursday backed the company's chairman in opposing a breakup of the industrial conglomerate following the resignation of CEO Heinrich Hiesinger......»»

Category: topSource: reutersJul 12th, 2018

Premier of Germany"s NRW opposes ThyssenKrupp breakup, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 12th, 2018

German lawmakers challenge deputy finance minister"s Goldman link in bank merger

German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs on Monday, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank......»»

Category: topSource: reutersMar 18th, 2019

China"s top diplomat rejects West"s "immoral" Huawei concerns

China opposes politically motivated attempts to discredit its telecoms equipment makers on security grounds, the Chinese government's top diplomat, State Councillor Wang Yi, said on Monday......»»

Category: topSource: reutersMar 18th, 2019

BMW, Varta apply for funds in battery cell push for e-cars

Luxury carmaker BMW and Germany's Varta have both applied for state funding aimed at supporting battery cell production for electric vehicles, they said on Friday, hitting a deadline set by the German government......»»

Category: topSource: reutersMar 15th, 2019

BMW applies for funds for battery cell research: spokesman

German luxury carmaker BMW has applied for state funding of research and development in the field of battery cells, a spokesman said on Friday, adding this does not mean the company aims to produce them itself......»»

Category: topSource: reutersMar 15th, 2019

Explainer: Why Germany wants a merger to underpin Deutsche Bank

The German government has pressured Deutsche Bank into merger talks with state-backed Commerzbank amid concerns for the health of the country's flagship bank, according to officials familiar with the matter......»»

Category: topSource: reutersMar 13th, 2019

China, U.S. discuss key issues in trade talks: Xinhua

Chinese Vice Premier Liu He held a telephone call on Tuesday with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer on key issues in their trade talks, state news agency Xinhua said......»»

Category: topSource: reutersMar 11th, 2019

Puma Takes Premier League Champions Manchester City From Nike

Puma will become the official uniform supplier to reigning English Premier League soccer champions Manchester City, as the German sportswear maker takes one of the sport’s most prized assets from industry leader Nike......»»

Category: smallbizSource: wsjMar 1st, 2019

Thyssenkrupp says breakup plans not contingent on Tata Steel deal

Thyssenkrupp will continue with its breakup plans even if the steel-to-submarines conglomerate fails to win regulatory approval for a separate joint venture with Tata Steel, Chief Executive Guido Kerkhoff said on Thursday......»»

Category: topSource: reutersFeb 28th, 2019

Germany: state spending helped avert Q4 recession, but morale index sinks again

German business morale has fallen fo.....»»

Category: videoSource: reutersFeb 22nd, 2019

Roofing company creating 88 jobs in St. Peters

Roofing firm Central States Manufacturing Inc. will build a plant in St. Peters, creating 88 jobs, according to an announcement Tuesday. State officials said the 53,600-square-foot manufacturing and retail operation, on a 12-acre site in the Premier 3.....»»

Category: topSource: bizjournalsFeb 19th, 2019

German state ready to buy company stakes to protect core industry

Germany's government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a marked shift in industrial strategy he said was needed to safeguard the country's prosperity......»»

Category: topSource: reutersFeb 5th, 2019

Merkel sets out condition for Huawei"s participation in 5G network

German Chancellor Angela Merkel said on Tuesday Germany needs guarantees that China's Huawei Technologies will not hand over data to the Chinese state before the telecoms equipment supplier can participate in building its 5G network......»»

Category: topSource: reutersFeb 5th, 2019

China confident of keeping 2019 growth within "appropriate range"

China is fully confident that it is capable of keeping its economic growth rate within an appropriate range in 2019 in spite of challenges, state news agency Xinhua reported Chinese Premier Li Keqiang as saying on Friday......»»

Category: topSource: reutersJan 25th, 2019

China must prepare for economic difficulties in 2019: premier

China must prepare for difficulties this year as the economy faces increasing pressure, state radio on Wednesday quoted Premier Li Keqiang as saying......»»

Category: topSource: reutersJan 16th, 2019

German antitrust body opposes Siemens-Alstom merger: report

Germany's antitrust authority has expressed concerns to the European Union's competition watchdog about the planned merger of the rail operations of Siemens and France's Alstom , a newspaper reported on Sunday......»»

Category: topSource: reutersJan 13th, 2019

German state of Baden-Wuerttemberg sues VW for damages: FAZ

The German Federal State of Baden-Wuerttemberg is seeking damages from Volkswagen after local authorities purchased VW diesel vehicles which now face bans in cities like Stuttgart, Frankfurter Allgemeine Zeitung said on Saturday......»»

Category: topSource: reutersJan 5th, 2019

Deutsche Bank is strong, has no need for state aid, merger: chairman

Deutsche Bank is strong and its turnaround strategy is bearing fruit, Chairman Paul Achleitner said, ruling out the need for state aid and playing down speculation that the lossmaking German bank should merge......»»

Category: topSource: reutersDec 30th, 2018

Deutsche Bank is strong, has no need for state aid, merger" chairman

Deutsche Bank is strong and its turnaround strategy is bearing fruit, Chairman Paul Achleitner said, ruling out the need for state aid and playing down speculation that the lossmaking German bank should merge......»»

Category: topSource: reutersDec 30th, 2018

California"s PG&E roiled as regulator raises breakup threat

After years of wildfires linked to power lines, a deadly explosion and accusations of falsified safety records, California utility owner PG&E Corp. is facing a deterioration of trust among state leaders......»»

Category: topSource: moneycentralDec 23rd, 2018