Sunday 1 March 2015
 
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Germany

Volkswagen net profit surges 20pc in 2014

German carmaker Volkswagen said the net profit rose 20 per cent last year to €10.8 billion ($12.1 billion), but offered a cautious outlook for this year. The maker of Volkswagen, Audi, Skoda and SEAT brand cars said yesterday

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Volkswagen net profit surges 20pc in 2014

German carmaker Volkswagen said the net profit rose 20 per cent last year to €10.8 billion ($12.1 billion), but offered a cautious outlook for this year. The maker of Volkswagen, Audi, Skoda and SEAT brand cars said yesterday

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Germany's i.onik debuts in the Middle East

I.onik, a leading German lifestyle technology company, has launched its phenomenal range of smartphones, tablets, feature phones and accessories for the first time the Middle East. Replete with high class German innovation, engineering,

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Fighting rages in run-up to Ukraine ceasefire

Ukraine and Russian-backed rebels fought fiercely for control of a strategic railway junction on Friday despite a new peace deal brokered by Germany and France. A ceasefire is due to come into effect from Sunday under the agreemen

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Saudi Aramco eyes German rubber unit stake

German chemical company Lanxess is in talks with potential buyers including state-owned Saudi Arabian Oil Company (Saudi Aramco) for the sale of a minority stake in its synthetic-rubber unit, reported the Bloomberg, citing two sources.

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Saudi Aramco eyes German rubber unit stake

German chemical company Lanxess is in talks with potential buyers including state-owned Saudi Arabian Oil Company (Saudi Aramco) for the sale of a minority stake in its synthetic-rubber unit, reported the Bloomberg, citing two sources.

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Siemens plans to cut 7,800 jobs

Siemens chief executive Joe Kaeser applied finishing touches to his overhaul of the German industrial group yesterday with the announcement of 7,800 job cuts designed to streamline management and speed decision-making. The roughly

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Siemens plans to cut 7,800 jobs

Siemens chief executive Joe Kaeser applied finishing touches to his overhaul of the German industrial group yesterday with the announcement of 7,800 job cuts designed to streamline management and speed decision-making. The roughly

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Dubai-Hamburg maritime co-operation in focus

Dubai Maritime City Authority (DMCA) has discussed ways to enhance joint maritime cooperation and explore potential maritime-based investment opportunities between Dubai and Hamburg. It was announced during a recent visit made by

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Dubai hotel to target European market at ITB Berlin

The Grand Millennium Dubai, a luxury hotel in the UAE emirate, will be wooing the European travel market this March when the hotel team participates at the ITB Berlin travel exhibition in Germany. The show is the premier trade and consu

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