Tires and Rubber


  • 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.

  • WILMINGTON, Del., Nov 5- Cooper Tire& Rubber Co's partner in a Chinese joint venture was exploring a bid for the fourth-largest U.S. tire maker when Cooper struck a deal with an Indian suitor, Cooper's chief executive told a court on Tuesday.

  • WILMINGTON, Del., Nov 4- Cooper Tire& Rubber Co of the United States and Apollo Tyres Ltd of India should be enjoying a honeymoon. The result is a lawsuit in Delaware's Court of Chancery in which Cooper, which has 13,000 employees worldwide, is seeking a court order to close the deal.

  • *Technip, Novo Nordisk also fall after earnings. LONDON, Oct 31- Disappointing results from heavyweight energy firm Royal Dutch Shell kept Europe's blue chip share index in check on Thursday, as investors continued to weather a stormy earnings season.

  • European shares edge higher on encouraging earnings Thursday, 31 Oct 2013 | 8:39 AM ET

    *Royal Dutch Shell drops after results. LONDON, Oct 31- European shares edged higher to trade near a five-year high by midday trading on Thursday, with automobile and financial sectors advancing after some encouraging company results.

  • BUSINESS-NEWS-SCHEDULE AT 1430 GMT / 10.30 AM ET Tuesday, 29 Oct 2013 | 10:55 AM ET

    Sears may separate Lands' End, Auto Center as sales slide. Sears Holdings is considering splitting off its Lands' End clothing and Sears Auto Center businesses, after another quarter of declining same-store sales.

  • UPDATE 2-Goodyear revenue lower, shares drop Tuesday, 29 Oct 2013 | 10:50 AM ET

    Goodyear said lower third-party chemical sales in North America and unfavorable foreign currency translation more than offset a modest increase in global tire sales. All four regional business units reported higher operating income, but revenues fell more than 9 percent in North America and Asia-Pacific, Goodyear said.

  • Oct 29- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported a 5 percent fall in quarterly revenue due to lower sales of its tire-related chemicals in North America, sending its shares down 3 percent premarket. Revenue from North America, which accounts for more than half of Goodyear's sales, fell 9 percent in the third quarter ended Sept. 30.

  • Net income available to common shareholders rose to $166 million, or 62 cents per share, in the third quarter ended Sept. 30 from $110 million, or 41 cents per share, a year earlier.

  • Banks curb European shares on litigation worries Tuesday, 29 Oct 2013 | 4:52 AM ET

    *Deutsche Bank, UBS hit, raise buffers for legal costs. LONDON, Oct 29- European shares edged higher early on Tuesday to keep within their recent, tight range as the banking sector slid after provisions for legal costs marred results at Deutsche Bank and UBS.

  • *Komatsu tumbles 8.6 pct after cutting profit outlook. TOKYO, Oct 29- Japanese stocks slid on Tuesday morning, hit by Komatsu Ltd dropping sharply after the world's second largest equipment maker issued a profit warning, dragging down other companies exposed to emerging markets.

  • Peugeot job pact shows France's new labour detente Thursday, 24 Oct 2013 | 11:54 AM ET

    *Peugeot unions ink deal on wage, work-time concessions. PARIS, Oct 24- Unions at France's PSA Peugeot Citroen agreed on Thursday to freeze wages next year in return for a company pledge to keep plants open, the latest sign of easier labour relations in a nation famed for strikes.

  • 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.

Most Popular Video

Friday, 18 Apr 2014 | 11:00 AM ET

Are economic growth expectations too high? CNBC's Jeff Cox explains.

Friday, 18 Apr 2014 | 12:00 PM ET

CNBC's Stephanie Landsman discusses how the luxury rental boom isn't confined to New York City and its boroughs, but that developers are seeing new opportunities in New Jersey.

Thursday, 17 Apr 2014 | 12:00 PM ET

CNBC's Josh Lipton and Allison+Partners Head of Digital Jeremy Rosenberg discuss what Microsoft needs to do to boost Xbox One sales as PS4 sales break the 7 million mark.