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Porsche said Thursday it had filed its formal takeover offer for Volkswagen with German regulators, a required step after it lifted its stake in the maker of the iconic Beetle.
Producer prices in Germany rose 0.3% in March from February and rose 2.5% from March last year, the Federal Statistics Office said.
Volkswagen's group vehicle sales in the first quarter rose by 7.9% to a record 1.47 million units, thanks in part to sharp gains in China and Brazil, Europe's biggest carmaker said on Tuesday.
The sick man of Europe is feeling much better, with investor and business sentiment in Germany's economy soaring for the fifth month in a row, according to a survey released Tuesday.
Consumer prices in Germany rose slightly more than expected during March on higher gasoline and electricity prices, the Federal Statistics Office said Monday, confirming its previously released initial estimates.
Some 12,000 workers at Deutsche Telekom walked off the job Monday, protesting the telecommunications company's plan to reorganize its work force by transferring 50,000 staffers into separate units, union officials said.
A top DaimlerChrysler executive is scheduled to meet in New York this week with bidders for the German auto maker's Chrysler unit but it appears that billionaire Kirk Kerkorian's Tracinda isn't among those on the invitation list, The Wall Street Journal reported.
UniCredit has dropped out of an auction for a Berlin community lender in the face of competition from state-owned banks determined to stop the it from falling into private hands, sources close to the matter said.
China will not participate in discussions on the global economy at a meeting of Group of Seven (G7) nations this weekend despite being invited to do so, a German finance ministry official said on Tuesday.
A global fervor around the German polar bear cub known as "Knut" has reached thestock market, with shares in Zoologischer Garten Berlin more than doubling this week.
Shares of Italy’s Pirelli soared to 9.67% Monday morning after it revealed late Sunday that it was in talks with U.S. telecom giant AT&T and its Mexican affiliate America Movil to sell two-thirds of its 80% stake in holding company Olimpia for 2.82 euros a share less debt.
Shares of caterer Compass Group gained 5.78% in midday London trading Thursday after it reported that trading in the first 5 months of the year has been ahead of its expectations and the sale of its European vending business is progressing.
German sportscar maker Porsche said Wednesday it had completed its acquisition of more shares in Volkswagen for a total stake of 30.94%, triggering a formal takeover offer to VW's shareholders.
The European Commission said Wednesday it was taking Spain to the EU's Court of Justice over the "unlawful" conditions Madrid put on E.On's multibillion euro bid to buy Spain's biggest electricity company, Endesa.
A board member of Siemens was arrested Tuesday in connection with an investigation of alleged payments to the head of a tiny labor union, the company said.
Here are some of Tuesday’s big movers on European stock markets
Spanish market regulator CNMV said it had taken note of Enel and Acciona's joint takeover plan for Endesa and reiterated no bid could be made for six months.
German business sentiment unexpectedly rose in March, with the mood improving in the retail sector as the impact of a new year's sales tax hike appeared to fade, a closely watched survey showed on Tuesday.
Here are some of Monday's big movers on European stock markets