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. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 12th, 2018

Merkel says ThyssenKrupp structure is a commercial matter

The structure of German submarines-to-lifts conglomerate ThyssenKrupp is a commercial matter, Chancellor Angela Merkel said on Friday......»»

Category: topSource: reutersJul 20th, 2018

Keep ThyssenKrupp whole, German minister urges

German Labor Minister Hubertus Heil said he was increasingly concerned about the situation at submarines-to-elevators conglomerate ThyssenKrupp after it lost its top officials under pressure from shareholders to restructure......»»

Category: topSource: reutersJul 18th, 2018

Thyssenkrupp leadership vacuum fuels restructuring hopes

Thyssenkrupp shares bounced 8 percent on Tuesday, lifted by hopes of a deeper restructuring of the German submarines-to-elevators conglomerate after the chairman resigned, leaving the company in a leadership crisis......»»

Category: topSource: reutersJul 17th, 2018

Thyssenkrupp leadership vacuum revives restructuring hopes

Thyssenkrupp shares were indicated 3.4 percent higher early on Tuesday as analysts expect a deeper restructuring of the German submarines-to-elevators conglomerate after the resignation of its chairman......»»

Category: topSource: reutersJul 17th, 2018

Thyssenkrupp faces leadership turmoil as chairman quits

The chairman of embattled German industrial group Thyssenkrupp resigned on Monday, following the company's chief executive out the door under pressure from activist shareholders pushing for radical restructuring of the group......»»

Category: topSource: reutersJul 16th, 2018

Thyssen and Kone owners held merger talks on elevator ops: paper

Large shareholders of Thyssenkrupp and Kone have held talks on a potential merger of the elevator businesses of the two companies, according to a German daily......»»

Category: topSource: reutersJul 15th, 2018

Thyssenkrupp names finance chief Kerkhoff as interim CEO

Chief Financial Officer Guido Kerkhoff was named interim CEO of Thyssenkrupp on Friday and won the backing of the German industrial group's biggest shareholder, as the search began for a permanent replacement for Heinrich Hiesinger......»»

Category: topSource: reutersJul 13th, 2018

More car deals for Germany & China as trade tensions hurt

German carmakers including BMW and Volkswagen have inked partnerships with Chinese companies as Premier Li Keqiang visits Germany. As Thuy Ong reports, the deals come ahead of impeding trade wars that have hit investor sentiment......»»

Category: videoSource: reutersJul 10th, 2018

Stability needed after CEO exit, say Thyssenkrupp workers, foundation

Thyssenkrupp's workers and its leading shareholder will serve as an anchor of stability at the company following the sudden departure of Chief Executive Heinrich Hiesinger, they told a German regional newspaper......»»

Category: topSource: reutersJul 10th, 2018

German exports are robust despite looming trade threats

Exports in the country rose month on month, but as Chancellor Angela Merkel meets with Chinese Premier Li Keqiang, the US trade conflict remains high on the agenda. Thuy Ong reports......»»

Category: videoSource: reutersJul 9th, 2018

Thyssenkrupp board to seek new CEO after Hiesinger quits

Thyssenkrupp will take its time to find a new boss after accepting Chief Executive Heinrich Hiesinger's resignation, a move which clears the way for a radical restructuring of the German industrial group......»»

Category: topSource: reutersJul 6th, 2018

Stepson of Malaysia"s ex-PM quizzed over graft

Malaysia's anti-corruption agency is questioning Riza Aziz, the stepson of former premier Najib Razak and a Hollywood film producer, as part of probe into alleged theft and money-laundering at the 1MDB state investment fund......»»

Category: topSource: foxnewsJul 3rd, 2018

Malaysia"s former deputy premier quizzed in 1MDB graft probe

Malaysia's former deputy premier is being quizzed by the anti-graft agency as part of an expanded investigation into alleged theft and money-laundering at the 1MDB state investment fund......»»

Category: topSource: foxnewsJul 2nd, 2018

In Heated Interview, Putin Says "Ask The State Department About Soros"

Russian president Vladimir Putin gave a tense interview to Austria's ORF television channel which at times got so heated, he spoke in German to ask host Armin Wolf to let him finish his answers.  The interview was held ahead of Puti.....»»

Category: blogSource: zerohedgeJun 5th, 2018

China to Open More Markets

China will further cut import tariffs for daily consumer goods starting July 1, the State Council decided at an executive meeting chaired by Premier Li Keqiang on.....»»

Category: topSource: livetradingnewsMay 31st, 2018

Activist Elliott Discloses Stake in Germany"s Thyssenkrupp

Elliott Management said it had taken a stake in German industrial giant Thyssenkrupp, entering another corporate battle at a company already under pressure to break itself up......»»

Category: smallbizSource: wsjMay 24th, 2018

Investor Elliott"s stake raises pressure on Thyssenkrupp CEO

FRANKFURT/BERLIN (Reuters) - Activist hedge fund Elliott said on Thursday it would step up pressure on Thyssenkrupp's leadership to revive the German industrial conglomerate's fortunes, confirming it had taken a stake of less than 3 percent......»»

Category: topSource: reutersMay 24th, 2018

Volkswagen reaches $33.5 million diesel emissions settlement with Maryland

WASHINGTON (Reuters) - Volkswagen AG has reached a $33.5 million settlement with Maryland over state claims related to the German automaker's excess emissions, court documents show......»»

Category: topSource: reutersApr 25th, 2018

Germany"s Largest Public TV News Broadcaster: Syria Chemical Attack "Most Likely Staged"

A senior correspondent for German state media broadcast ZDF heute stunned his European aud.....»»

Category: blogSource: zerohedgeApr 21st, 2018