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United States

Emma Thomasson

Puma commemorates 'black power' salute in U.S. market push

Oct 11 2018

BERLIN Puma is launching a campaign to mark the 50th anniversary of U.S. sprinter Tommie Smith's black-gloved salute at the 1968 Olympics, shortly after rival Nike scored a hit with an ad featuring a modern-day activist for racial equality.

RPT-UPDATE 2-Czech investor tightens grip on Metro with additional stake

Sep 20 2018

BERLIN, Sept 20 Czech investor Daniel Kretinsky is buying more shares in German retailer Metro from Ceconomy, the companies said on Thursday, likely stoking speculation of a full bid.

Czech investor tightens grip on Metro with additional stake

Sep 20 2018

BERLIN Czech investor Daniel Kretinsky is buying more shares in German retailer Metro from Ceconomy , the companies said on Thursday, likely stoking speculation of a full bid.

Cash-flush Rocket Internet lifted by $175 million buyback plan

Sep 20 2018

BERLIN German ecommerce company Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros ($175 million), 3.6 percent of its outstanding stock.

Cash-flush Rocket Internet lifted by $175 million buyback plan

Sep 20 2018

BERLIN German ecommerce company Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros ($175 million), 3.6 percent of its outstanding stock.

UPDATE 1-Cash-flush Rocket Internet lifted by $175 mln buyback plan

Sep 20 2018

* CEO sees opportunities for major investments (Adds details, CEO comments)

No regrets for fist-raising Olympic champion sprinter 50 years on

Sep 19 2018

HERZOGENAURACH, Germany Tommie Smith, the former U.S. sprinter who won Olympic gold 50 years ago, is glad his decision to raise a black-gloved fist on the podium has inspired others even if it cost him his running career, as he sees a groundswell of support for equality.

Zalando blames it on the sunshine as cuts forecasts again

Sep 18 2018

BERLIN Zalando , Europe's biggest online only fashion retailer, cut its 2018 outlook for a second time in as many months, saying a long, hot summer had taken its toll and wiping as much as 20 percent off the value of its shares. | Video

Metro puts struggling Real hypermarket chain on the block

Sep 14 2018

BERLIN German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up to 1 billion euros ($1.2 billion).

Volvo shows off self-driving, electric truck with no cab

Sep 13 2018

BERLIN Sweden's Volvo , the world's second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in ecommerce and a shortage of freight drivers.

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