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Tires and Rubber

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  • Portugal powers past weaker European equities Tuesday, 6 May 2014 | 12:54 PM ET

    *Credit Suisse cuts Germany to "benchmark" vs "overweight". Credit Suisse equity strategists on Tuesday cut their rating on Germany to "benchmark" from "overweight", highlighting the risk that German exporters could be hurt by a Chinese economic slowdown.

  • Portuguese bourse outperforms weaker European equities Tuesday, 6 May 2014 | 10:23 AM ET

    *Credit Suisse cuts Germany to "benchmark" vs "overweight". Credit Suisse equity strategists on Tuesday cut their rating on Germany to "benchmark" from "overweight", highlighting the risk that German exporters could be hurt by a Chinese economic slowdown.

  • *Barclays, Aberdeen weigh after weak updates. *DSM, Solvay boosted by brighter outlook. LONDON, May 6- European stocks were flat on Tuesday as upbeat outlook statements from chemical groups Solvay and DSM were offset by sharp falls in Barclays and Aberdeen Asset Management after weak results.

  • M&A helps European shares sail through Russian jitters Monday, 28 Apr 2014 | 11:30 AM ET

    PARIS/ LONDON, April 28- European stocks rose in choppy trading on Monday as merger and acquisition moves in the pharmaceuticals sector and strong results from Germany's Bayer outweighed jitters triggered by new western sanctions against Russia.

  • M&A, upbeat results help European stocks resume rally Thursday, 24 Apr 2014 | 6:15 AM ET

    *M&A activity boosts Alstom, Scania. LONDON, April 24- European shares resumed their rise on Thursday, boosted by mergers and acquisitions activity and upbeat updates from electrical gear maker Schneider Electric and oil services group Technip among others.

  • PARIS, April 23- Michelin's first-quarter revenue fell 2.4 percent as weaker prices and emerging-market currencies outweighed sales volume growth, the French tyre maker said on Wednesday.

  • *Indexes breaks losing streak on U.S. data, Citi results. LONDON, April 14- Strong U.S. economic data helped pan-European equity indexes snap a three-day losing streak on Monday but appetite for risk remained muted as the threat of violence between Ukrainian forces and pro- Russia separatists loomed.

  • *FTSEurofirst 300, Euro STOXX 50 both flat. LONDON, April 14- Cyclical shares weighed on European bourses on Monday as tensions in Ukraine and volatile global markets prompted investors to take a more cautious stance on growth and cash in on some of the best performers of the past nine months.

  • LONDON, April 14- European equities slipped to a three-week low on Monday, led lower by technology stocks following a sharp U.S. sell-off on the tech-heavy Nasdaq, with tensions in Ukraine prompting investors to shun riskier assets.

  • WASHINGTON, April 1- The U.S. Congress will try to establish who is to blame for at least 13 auto-related deaths over the past decade, as public hearings are launched on Tuesday on General Motors Co's slow response to defective ignition switches in cars.

  • Euro is a challenge: Continental CEO     Thursday, 6 Mar 2014 | 4:30 AM ET

    Elmar Degenhart, Continental CEO, says the group is optimistic on North America and Asia but expects currency headwinds to remain strong in 2014.

  • Currency volatility 'hard' on Michelin: CEO     Tuesday, 11 Feb 2014 | 1:20 AM ET

    Marc Henry, CEO of Michelin, comments on the group's results which were boosted by a pick-up in demand in U.S. and Europe but suffered from currency headwinds.

  • Pete Selleck, chairman and president of Michelin North America, explains why the group has decided to open its ninth plant in South Carolina and its strategy behind new facilities.

  • Wolfgang Schafer, Continental's CFO, discusses the impact the strong euro had on the group's results and says the European car market is stabilizing, albeit "on low volumes."

  • Europe needs a common policy: Pirelli Head Wednesday, 6 Nov 2013 | 11:58 AM ET

    The CEO of Pirelli, Marco Tronchetti Provera, said that Europe needed a "common policy" to boost its economy.

  • Pirelli has 'all the tools to deliver': Chairman     Wednesday, 6 Nov 2013 | 11:00 AM ET

    Marco Tronchetti Provera, chairman at Pirelli Group, comments on the group's performance and says it has "all the tools to deliver," including new products and efficiency measures.

  • Christopher Chan, President Director of Southeast Asia's largest tire maker, Gajah Tunggal, speaks about the impact of a potential TPP deal on its business in Indonesia.

  • The Chairman of the Pirelli Group, Marco Tronchetti Provera.

    Europe remains difficult terrain, according to Pirelli, with the company focussed on the premium sector.

  • Marco Tronchetti Provera, chairman of Pirelli, tells CNBC that they are seeing small signs of recovery in Europe, especially in the premium sector.

  • Europe's slowdown forces Finland to turn to Russia Sunday, 11 Aug 2013 | 5:56 AM ET

    After decades of pursuing trade with western Europe, Finland is becoming dependent on Russia again as that country's burgeoning middle class and wealthy investors provide opportunities for growth lacking in recession-hit Europe.