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Tires and Rubber

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  • ECB to hold course as euro strength challenges recovery Wednesday, 7 May 2014 | 6:05 PM ET

    FRANKFURT, May 8- The European Central Bank is expected to take heart from signs of life in the euro zone economy and keep interest rates on hold on Thursday, resisting pressure to act in the face of a stronger euro and persistently low inflation.

  • 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.

  • 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.

  • Nikkei Business Report     Friday, 9 Aug 2013 | 4:30 AM ET

    The world's biggest tire maker Bridgestone reported its earnings today, setting a record profit for the first half. Sachiko Kishida reportd

  • Maurice Taylor, CEO of Titan, discusses his first Russian acquisition and the difficulties of running a business in France as the government has "no idea" of what to do.

  • Apollo Tyres to Buy Cooper Tire in $2.5B Deal     Wednesday, 12 Jun 2013 | 10:09 AM ET

    The acquisition would create the world's seventh largest tire company, reports CNBC's David Faber.

  • 'Lazy' French Tire Plant Workers Protest     Wednesday, 27 Feb 2013 | 1:45 AM ET

    Workers at a dying French tire factory who have become the butt of American jokes staged a last-ditch protest to save their jobs.

  • US CEO Blasts 'Three Hours a Day' French Workers Wednesday, 20 Feb 2013 | 8:44 AM ET

    The head of U.S. tire maker Titan launched a vitriolic attack on French productivity after the country’s government suggested he buy a factory in the north of France.