CNBC's Simon Hobbs reports on a sea of red across Europe at the close.» Read More
Internal investigators have uncovered more than 1 billion euros ($1.4 billion) of dubious payments at Siemens' telecoms and turbines divisions, far more than previously thought, the Sueddeutsche Zeitung said.
German charter airline LTU said Saturday it reached a new wage agreement with its pilots, averting the threat of a strike.
Steelmaker ThyssenKrupp on Friday reported a 62% increase in net profit in its fiscal third quarter as rising demand for steel lifted its sales.
German utility RWE said Thursday that its first-half net profit rose by 58% amid high power prices in Germany and elsewhere in Europe, and raised its full-year earnings forecast.
Commerzbank, Germany's second-largest bank, said Thursday that its second-quarter profit doubled on gains from the sale of its asset management business Jupiter.
Deutsche Telekom said Thursday that its second-quarter net profit fell by 40% as it continued to lose customers from its fixed-line unit.
DaimlerChrysler still believes it has excess liquidity on hand but has not yet decided what to do with it, a spokesman for the world's fifth-biggest carmaker said on Wednesday.
Adidas, Europe's biggest sports goods maker, said on Wednesday its second-quarter net income rose 27% despite nearly flat revenue because of lower brand Reebok sales and currency effects.
German airport operator Fraport said Tuesday second-quarter profit dipped nearly 6% largely because of rising costs and the lack of several one-off gains from last year.
St Gobain, the world's biggest building materials group, said on Tuesday it would buy clay and mortar company Maxit Group from Germany's HeidelbergCement in a deal worth around $3 billion.
BMW, the world's biggest producer of luxury automobiles, said Tuesday that sales rose in July, as well as in the January-July period, on continued demand for its BMW, Mini and Rolls-Royce brands.
Bayer, which raised its profit guidance in June, posted a 30% rise in quarterly operating profit on Tuesday, driven by strong sales of its cancer and contraceptive drugs.
Germany's Munich Re on Monday reported a 2.2% increase in second-quarter net profit, beating expectations as a lower tax rate offset lower premiums, lower capital investment gains and higher claims.
Luxury car maker BMW said Wednesday that its second-quarter profit slipped 4.3 percent, hurt by a strong euro, rising materials costs and the costs of launching new models.
BASF, one of the world's biggest chemical companies, said Wednesday that its second-quarter profit rose 11.3% as demand and higher prices for its products padded global sales.
Deutsche Bank sidestepped the crisis in U.S. sub-prime mortgage lending to deliver the best second-quarter profit in its history on the back of a strong performance from its trading arm.
The ranks of the unemployed in Germany ticked nominally higher in July, rising to 8.9% from 8.8% in June, the government said Tuesday, as workers took an expected pause at the peak of the country's vacation season.
Truckmaker MAN said Tuesday that improved demand in eastern Europe for its trucks along with lower costs helped its second-quarter earnings more than double as it confirmed its outlook for the rest of 2007.
Britain's ICI has rejected an improved 7.8 billion-pound ($15.9 billion) takeover proposal from Dutch rival Akzo Nobel, saying the 85 increase in the offer price is not enough.
Volkswagen, the world's fourth largest carmaker, will meet its 2008 pretax profit target of 5.1 billion euros ($7 billion) a year earlier than planned, the company said on Friday.