Edition:
United States

Marilyn Gerlach

Deutsche Post to spend more on DHL as profits rise

Aug 05 2014

FRANKFURT Deutsche Post beat forecasts with a 5.7 percent increase in second-quarter profits and said it would invest heavily in its parcel and logistics business DHL, whose sales volume growth helped to boost earnings.

Holcim, HeidelbergCement see 2014 profit rise though Quarter2 disappoints

Jul 30 2014

FRANKFURT Cement makers HeidelbergCement and Holcim stuck to targets for a rise in 2014 earnings, saying solid growth in North America and cost cuts should offset unfavourable currency effects, which weighed on second-quarter results.

Deutsche Post aims to be global No.1 in parcel delivery by 2020

May 27 2014

FRANKFURT Deutsche Post is aiming for a global expansion of its parcel delivery business and wants to become world No. 1 by 2020, its CEO said, betting on a boom in the delivery of parcels ordered from websites such as Amazon.com Inc.

Bilfinger offers to buy UK real estate consultant GVA Grimley

May 13 2014

FRANKFURT/LONDON German engineering and services company Bilfinger has offered to buy privately owned British commercial property consultant GVA Grimley Holdings, in a deal which sources said valued the firm at about 150 million pounds.

Drugmaker Bayer lifted by sales boost and merger speculation

Apr 28 2014

FRANKFURT Shares in Germany's Bayer rose by 4 percent on Monday, lifted by a wave of pharmaceuticals sector merger speculation and rising sales of new drugs that helped it to better than expected first-quarter profit.

Drugmaker Bayer lifted by sales boost and merger speculation

Apr 28 2014

FRANKFURT Shares in Germany's Bayer rose by 4 percent on Monday, lifted by a wave of pharmaceuticals sector merger speculation and rising sales of new drugs that helped it to better than expected first-quarter profit.

Ingredients firm Symrise to buy Diana for $1.8 billion

Apr 14 2014

FRANKFURT/PARIS German scents and flavours group Symrise is to buy France's Diana Group for an agreed 1.3 billion euros (1 billion pounds) including debt to narrow the gap on top rival Givaudan and expand in natural ingredients and pet food.

Ingredients firm Symrise to buy Diana for $1.8 billion

Apr 14 2014

FRANKFURT/PARIS German scents and flavors group Symrise is to buy France's Diana Group for an agreed 1.3 billion euros ($1.8 billion) including debt to narrow the gap on top rival Givaudan and expand in natural ingredients and pet food.

Deutsche Post banks on emerging markets, e-commerce

Apr 02 2014

FRANKFURT Deutsche Post, the world's biggest postal and logistics group, is betting on emerging markets and an e-commerce boom to boost profits through 2020, it said on Wednesday in unveiling its new medium-term financial targets.

German rail chief concerned about long-term business in Russia

Mar 27 2014

BERLIN The head of Germany's state railway will travel to Moscow next month to ensure its business with Russian railways is not put at risk despite the chill in political relations over the annexation of Crimea.

World News