Results for Germany
- German Exports Register Steepest Decline in Almost Seven Years
German exports posted their steepest decline in almost seven years in August, the clearest sign yet that economic weakness in emerging markets is forcing Europe’s export champion away from its longtime reliance on foreign trade, The Wall Street Journal ...
Daily Headline - global.abi.org - 10/08/2015 - 21:56 - 0 comments
- Deutsche Bank Sees $7 Billion Quarterly Loss on Writedowns
Deutsche Bank AG expects to report a surprise third-quarter loss of 6.2 billion euros ($7 billion) and may eliminate its dividend for the year after writing down the value of its two biggest divisions and boosting its reserve for legal costs, Bloomberg N ...
Daily Headline - global.abi.org - 10/07/2015 - 20:36 - 0 comments
- Zech Group Likely To Buy Imtech's German Operations
Construction group Zech is seen as the front runner to buy the German unit of bankrupt Dutch engineering services company Imtech, two people familiar with the deal said. A decision on Zech's offer, which was discussed among creditors on Monday, is e ...
Daily Headline - global.abi.org - 10/06/2015 - 21:54 - 0 comments
- Volkswagen Financially Equipped to Handle Diesel Emissions Scandal
Volkswagen AG is facing billions in fines after admitting it rigged U.S. emissions tests, but it likely has the financial wherewithal to handle the monetary hit, The Wall Street Journal The CFO Report blog reported. The German car maker could pay mor ...
Daily Headline - global.abi.org - 09/24/2015 - 22:13 - 0 comments
- A Car Scandal Shoves Berlin Off High Ground
As Germany has emerged as the dominant actor in Europe, it has lectured Greece and other debtor nations on the virtues of thrift and lately wagged its finger at countries that balk at receiving a share of refugees from the killing fields of Syria. Its ri ...
Daily Headline - global.abi.org - 09/23/2015 - 22:11 - 0 comments
- Lufthansa Cancels 1,000 Flights As Court Allows Pilot Strike
Lufthansa failed in a legal bid to halt a pilot strike planned for today which has resulted in about 1,000 flights being cancelled, as the airline’s dispute with crews escalated, the Irish Times reported. Pilots’ union Vereinigung Cockpit (VC) staged ...
Daily Headline - global.abi.org - 09/08/2015 - 20:51 - 0 comments
- Imtech Germany To Be Sold In November
The German unit of bankrupt Dutch engineering services company Imtech is expected to be sold in November, according to Imtech Germany's insolvency administrator, Reuters reported. "The aim is to sign the sales contract for the whole unit or maj ...
Daily Headline - global.abi.org - 09/07/2015 - 19:08 - 0 comments
- Walsum Papier Insolvency Decision Postponed To October
The opening of regular insolvency proceedings on the Walsum Papier magazine paper mill in Germany has been postponed to the start of October, EUWID Pulp and Paper reported. According to information from the administrators' office, the payments o ...
Daily Headline - global.abi.org - 08/27/2015 - 21:40 - 0 comments
- Creditors Grant Insolvent Imtech Germany A Credit Line
Creditors have granted the German unit of bankrupt Dutch engineering services company Imtech a credit line worth a "significant" sum in the millions of euros, Imtech Germany's insolvency administrator said on Friday. It is currently unclea ...
Daily Headline - global.abi.org - 08/23/2015 - 17:41 - 0 comments
- German Parliament Ratifies Greek Bailout
Germany’s parliament ratified a new Greek bailout deal, but a record number of lawmakers in Angela Merkel’s conservative bloc rejected the motion, highlighting the political risks the chancellor is taking in supporting Greece, The Wall Street Journal ...
Daily Headline - global.abi.org - 08/19/2015 - 22:26 - 0 comments