German auto supplier Continental (CONG.DE) on Wednesday said it will list its Powertrain unit as early as mid-2019 as part of a broader restructuring in response to far-reaching shifts in the auto industry towards electric and self-driving technologies.
SAP’s late push into fast-growing sales and marketing software has won Europe’s most valuable technology company plaudits from industry analysts.
IT firm HCL Technologies today said it has completed the USD 330-million acquisition of US-based Actian Corporation in partnership with Sumeru Equity Partners (SEP).
German Labour Minister Hubertus Heil said he was increasingly concerned about the situation at submarines-to-elevators conglomerate ThyssenKrupp (TKAG.DE) after it lost its top officials under pressure from shareholders to restructure.
World stocks hit a one-month high on Wednesday as a bullish outlook from the head of the U.S. central bank and rising company earnings buoyed the mood, lifted the dollar and sent safe-haven gold to a one-year trough.
BMW Motorrad, the premium motorcycle arm of German luxury car maker BMW Group, today forayed into sub-500 cc segment in India with the launch of two bikes -- G310R and G310 GS- priced up to Rs 3.49 lakh.
Thyssenkrupp (TKAG.DE) shares were indicated 3.4 percent higher early as analysts expect a deeper restructuring of the German submarines-to-elevators conglomerate after the resignation of its chairman.
Car sales in Western Europe rose 5.1 percent in June and reached their highest ever level in the European Union as strong sales in Germany, France and Spain helped offset a slump in demand in Britain and Italy, industry data showed.
Global sportswear maker Adidas announced that it has committed to using only recycled plastic by 2024.
China’s CATL said it will receive a 2.8 billion yuan prepayment from a long-term contract to supply batteries to BMW Brilliance, a joint venture between Germany’s BMW and Brilliance China Automotive Holdings.