Belen Garijo has taken over as CEO at German pharmaceuticals giant Merck -Â the first woman to singlehandedly run a DAX
30-listed company - as Europe's top economy debates quotas for greater boardroom equality.
Leading German companies have lost almost a third of their business with Russia as Moscow's economy struggles with harsh headwinds and sanctions continue to bite.
Germany's most important stock market index continued to suffer the effects of plunging confidence in Asia on Monday, losing around four percent of its value after a sharp fall in early-morning trading.
The German start-up incubator Rocket Internet, which is to go public next month, said on Wednesday it may list some of the companies it is nurturing in the future.
In the midst of the eurozone's worst-ever economic crisis, Germany's stock index scaled three successive record highs this week. Business daily <i>Handelsblatt</i> examined some of the top companies driving the impressive figures.
Shares in Germany's second-biggest bank Commerzbank have plunged 15 percent to a historic low on fears that it may need far more capital than once thought to meet EU requirements.
Germany’s top companies paid their supervisory boards better last year than the previous year, with the most generous rises approaching 40 percent – despite an average worker’s wage increasing by 1.6 percent over the same period.
The 30 leading German companies belonging to the blue-chip stock DAX stock index unveiled a plan Monday to bring more women into management, but stopped short of making quotas compulsory.
Germany may not be on the brink of a severe recession, but the country long seen as the financial powerhouse of Europe appears to be headed for economic stagnation.
Germany’s DAX stock index plunged nearly six percent on Thursday, suffering its worst decline since November 2008 amid growing economic concerns on both sides of the Atlantic.
Germany’s DAX stock index on Monday dropped to its lowest level in nearly a year on investors' fears about the downgrading of the US credit rating and the eurozone debt crisis.
Economists are warning of the possibility of a new global financial crisis after stock markets around the world, including in Germany, crashed on Thursday.
A new poll has found that 70 percent of Germans are in favor of a mandatory quota for women in executive positions at German companies. Even a majority of men have signed on to the idea.
Germany's top companies pledged Wednesday to publish new targets for placing more women in their boardrooms but resisted fresh calls for legal quotas to rectify a wide gender gap.
The federal government is planning a meeting with human resources directors from Germany's 30 DAX companies to tackle the issue of an absence of women in top management jobs, according to a newspaper report.
A new survey shows Germany’s largest companies are overwhelmingly opposed to a mandatory quota for women in executive positions, with only one firm coming out in favour.
Nearly half a million people in Germany turned their backs on share ownership during the second half of 2010 in what experts fear is a declining faith in the stock market.
A host of leading German companies are banning the use of the social networking site Facebook in their offices. While the official reason is IT security, firms are apparently also concerned that too many worker hours are being lost.
Germany's DAX index of blue-chip stocks hit 6,405.30 points early on Wednesday, a level last seen two years ago before the collapse of the US investment bank Lehman Brothers.
Despite the recession, falling profits and job layoffs, Germany’s biggest firms are set to pay out about €20 billion this year to their shareholders, a survey has found.
Germany’s top business executives last year brought home handsome paycheques worth only marginally less than what they earned before the country's worst recession since World War II.
