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Porsche AG posts Q1 profit drop on ramp-up costs

Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history.
...

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Porsche AG Posts Q1 Profit Drop on Ramp-Up Costs

Porsche AG Posts Q1 Profit Drop on Ramp-Up Costs
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

China , Germany , German , Chinese , Andrey-sychev , Oliver-blume , Lutz-meschke , Friederike-heine , Christoph-steitz , Volkswagen , Porsche , Bmw

Porsche AG posts Q1 profit drop on ramp-up costs

FRANKFURT (Reuters) -Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first three m...

China , Frankfurt , Brandenburg , Germany , German , Chinese , Christoph-steitz , Oliver-blume , Andrey-sychev , Lutz-meschke , Friederike-heine , Bmw

Continental hit with $107 million fine over Dieselgate scandal

Continental hit with $107 million fine over Dieselgate scandal
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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German landlord Adler Group renegotiates debt as real estate deals slow

Adler Group on Thursday entered a non-binding agreement with bondholders to restructure its debt as the embattled German landlord struggles to sell property to cover its liquidity needs amid a...

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Roche Q1 sales down 6% on forex effect, loss of COVID revenue

Roche said on
Wednesday its first-quarter sales slipped 6% as the loss on
COVID-19 related revenue was partly offset by further gains in
eye drug Vabysmo.
First-quarter sales slipped to...

Switzerland , Swiss , Ludwig-burger , Andrey-sychev , Reuters , Markets ,

Germany to resume cooperation with Palestinian UNRWA agency

The German government plans to resume cooperation with the UN agency for Palestinians in Gaza, the foreign and development ministries said in a joint statement on Wednesday.
The...

Berlin , Germany , Australia , Israel , France , Sweden , Canada , Gaza , Israel-general- , Japan , German , French

Germany to Resume Cooperation With Palestinian UNRWA Agency

Germany to Resume Cooperation With Palestinian UNRWA Agency
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Canada , Israel , Gaza-strip , Unrwa , Gaza-strip-general- , Deori , Chhattisgarh , India , France , Rafah , Berlin , Germany

UBS flags 'serious' concern about new Swiss capital requirements

BASEL, Switzerland (Reuters) -UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently announced plan to hit the country's largest lender with tougher capital requirements. Switzerland's government laid out plans two weeks ago for how to police banks deemed "too big to fail" to shield the country from a repeat of the collapse of Credit Suisse. "We are seriously concerned about some of the discussions related to additional capital requirements," UBS Chairman Colm Kelleher said at the bank's annual general meeting in Basel.

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UBS flags serious concern about new Swiss capital requirements

BASEL, Switzerland (Reuters) -UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently announced plan to hit the country's largest lender with tougher capital requirements. "We are seriousl...

Switzerland , Swiss , Noele-ilien , Colm-kelleher , Andrey-sychev , Credit-suisse ,