Tires and Rubber


  • *Index cuts gains after European Commission forecasts. LONDON, Nov 4- European shares surrendered early gains on Tuesday after the European Commission cut its growth forecast for the euro zone and said the currency bloc will need another year to reach even a modest level of growth. "There is still nervousness in the market about the euro zone's economic outlook,"...

  • Positive earnings help European stocks bounce back Tuesday, 4 Nov 2014 | 4:32 AM ET

    *FTSEurofirst 300 up 0.3 pct, Euro STOXX 50 up 0.3 pct. PARIS, Nov 4- European stocks rose on Tuesday, trimming the previous session's losses as better-than-expected earnings helped offset recent worries over the pace of economic growth in Europe. "Earnings have been better than expected overall, and this is offsetting the bad macro data seen in Europe lately," said...

  • Ebola panic may give these stocks a fillip Wednesday, 13 Aug 2014 | 6:35 PM ET

    Shares of Malaysia's latex glove makers have had a tough year so far, but some analysts expect panic over Africa's Ebola outbreak may spur gains.

  • Continental 'outgrowing its market': CFO   Thursday, 31 Jul 2014 | 4:30 AM ET
    Continental 'outgrowing its market': CFO

    Wolfgang Schaefer, CFO at Continental AG, comments on the company's results and outlook, and discusses the impact the strong euro has had on the group's profitability.

  • Strong euro has consequences for Michelin: CEO   Tuesday, 29 Jul 2014 | 4:10 AM ET
    Strong euro has consequences for Michelin: CEO

    Jean-Dominique Sénard, CEO of Michelin, comments on the group's Russian operations and says Europe needs to be more competitive to deal with moves in the euro currency.

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

    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
    Currency volatility 'hard' on Michelin: CEO

    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.

  • Michelin build plants where it sells: N. America president

    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.

  • European car market is 'stabilizing': Continental CEO

    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
    Pirelli has 'all the tools to deliver': Chairman

    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.

  • How will a TPP deal impact Indonesian firms?   Sunday, 6 Oct 2013 | 8:34 PM ET
    Gajah Tunggal: The opportunities & challenges of TPP

    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.

  •  I hope we've touched the bottom in Europe: Pirelli

    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
    Nikkei Business Report

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

  • Titan's Taylor: French Still Can't Run Businesses   Thursday, 20 Jun 2013 | 5:25 AM ET
    Titan's Taylor: French STill Can't Run Businesses

    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
    Apollo Tyres to Buy Cooper Tire in $2.5B Deal

    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
    French Tire Workers Protest  Against Closure

    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.