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  • VIENNA, Dec 4- German industrial group Thyssenkrupp launched a five-year program on Friday to improve the performance of its steel business amid worsening markets. "Following a strong focus on cost reduction measures in recent years and successful financial stabilization, the steel business now aims to maintain and continuously improve its performance,"...

  • *Thyssenkrupp vying with France's DCMS, Japanese consortium. DUESSELDORF/ VIENNA, Nov 30- Germany's Thyssenkrupp held out the prospect of thousands of new Australian jobs as it submitted a bid for a $36 billion submarine project on Monday. Thyssenkrupp is competing with French state-controlled naval contractor DCNS and a state-backed Japanese consortium...

  • The contract to build up to 12 submarines, including decades of maintenance, could be worth $35 billion and has drawn interest from French shipping group DCNS as well as a Japanese consortium led by Mitsubishi Heavy Industries and Kawasaki Heavy Industries.

  • The venture plans to build a medium-sized pilot plant and to have a full-blown 1- billion-euro chemical reactor running by 2030.. This will generate a carbon footprint that is 14 percent smaller than via the conventional method, according to a study by Aachen University. The 5,000 tonnes-per-year production line near Cologne, 5 to 10 percent the size of a...

  • German firms get creative in tackling CO2 Friday, 27 Nov 2015 | 9:23 AM ET

    *Steel group Thyssenkrupp looks to innovate to survive. As world leaders gear up for climate talks in Paris, firms like Thyssenkrupp and Bayer's plastics unit Covestro see both a threat and an opportunity. Steel and technology group Thyssenkrupp has formed a consortium to process CO2-containing waste gas from steel mills into products such as ammonia for...

  • Federal Reserve Chair Janet Yellen speaks at the Federal Reserve's Wilson Conference Center September 17, 2015 in Washington, DC.

    European equities finished in positive territory on Thursday as investors digested a slew of announcements from global central banks.

  • European shares touch three-month high as Sodexo surges Thursday, 19 Nov 2015 | 6:28 AM ET

    *Sodexo rallies after solid update, buyback. MILAN, Nov 19- European shares rose to three-month highs on Thursday, helped by food and facilities group Sodexo rallying after a solid update and a share buyback announcement. "In Europe and Japan, central banks are carrying on with easy monetary policy to support growth and this plays in favor of stock markets."

  • *Sodexo rallies after solid update, buyback. MILAN, Nov 19- European shares rose to three-month highs on Thursday, helped by strong gains among miners, while French catering-to-vouchers group Sodexo rallied after giving a solid update and launching a share buyback. Sodexo was up 9.5 percent, its best one day gain since Oct. 2008, after saying it would cut costs...

  • European shares open higher led by Sodexo, miners Thursday, 19 Nov 2015 | 3:22 AM ET

    MILAN, Nov 19- European shares opened higher on Thursday led by Sodexo after a solid update and helped by strong gains among mining stocks. Sodexo rose more than 8 percent after the French catering-to-vouchers group said it would further cut costs to cope with a volatile global economy and forecast higher revenues and operating profit for the fiscal year...

  • NEW DELHI, Oct 5- India and Germany pledged on Monday to revive efforts to reach an Indo-European free trade pact after talks were derailed by a ban on Indian generic drugs, and struck deals to promote clean energy and make it easier to do business. Although Chancellor Angela Merkel and Prime Minister Narendra Modi made no mention when they addressed journalists...

  • NEW DELHI, Oct 5- India and Germany pledged on Monday to revive efforts to reach an Indo-European free trade pact after talks fell apart this year, and struck deals to promote clean energy and make it easier to do business. Although Chancellor Angela Merkel and Prime Minister Narendra Modi made no mention in conversations with journalists of resuming talks on a...

  • TOKYO, Sept 30- Japan's Nippon Steel& Sumitomo Metal Corp, which plans to spend 300 billion yen on overseas expansion by March 2018, may set aside a bigger amount in the following years to propel growth abroad, its president, Kosei Shindo, said. Two years ago, Nippon Steel and ArcelorMittal spent $1.55 billion to buy ThyssenKrupp AG's U.S. factory, a deal that analysts...

  • LONDON, Sept 17- A broadening wave of cyber attacks is drumming up new clients for defence companies as anxiety about the loss of sensitive data spreads from military chiefs to company bosses. "It will no longer just be the physical space that is contested, but the virtual space also, and the latter contest may even come to dominate proceedings," Air Chief Marshal...

  • FRANKFURT, Sept 6- German industrial group ThyssenKrupp has cut costs by more than 1 billion euros this year, beating its target, and plans to press ahead with renewed savings efforts, its chief financial officer told a German newspaper. ThyssenKrupp will continue to work on efficiency improvements in the years ahead, he said. In its third quarter results...

  • German industrial group ThyssenKrupp, Dutch healthcare and consumer group Philips and British food ingredients group Tate& Lyle are among those adjusting for lower growth and a new intensity in price wars. "The message which we have given the team in China is the following: You need to move up your margin," ThyssenKrupp Chief Executive Heinrich Hiesinger told...

  • BERLIN, Aug 26- Germany's export exposure to China, for years a source of economic strength, is fast turning into a risk that raises questions about the health of other sources of growth in Europe's largest economy. For years, its EU peers tried- and failed- to match Germany's export prowess in China, where German companies profited from the infrastructure and...

  • ABB profit falls on slow oil and gas business Thursday, 23 Jul 2015 | 1:54 AM ET
    Logos of ABB AG sit on display outside the company's semi-conductor plant in Lenzburg, Switzerland.

    ABB said its net profit fell 8 percent in the second quarter due to a drop in demand for the Swiss company's oil and gas products.

  • Europe ends lower after euro zone deflation deepens Friday, 30 Jan 2015 | 11:33 AM ET

    European equities closed lower on Friday with investors reacting to earnings and euro zone inflation and unemployment reports.

  • Air pollution costing Europe billions Tuesday, 25 Nov 2014 | 4:03 AM ET
    Smoke from a factory in Haubourdin, northern France.

    Air pollution from Europe's largest industrial facilities cost as much as 189 billion euros ($235 billion) in 2012.

  • Europe closes down after PMI miss, Sanofi struggles Thursday, 20 Nov 2014 | 4:30 PM ET

    European shares closed lower on Thursday as investors reacted to worse-than-expected data from the euro zone.