Advertisement

Adidas doubles earnings
retail

Adidas doubles earnings

Sportswear maker Adidas saw a dramatic jump in its net earnings in 2010, thanks in large part to the World Cup in South Africa and strong growth at its US subsidiary Reebok, the company reported on Wednesday.
Chemical giant BASF sees profits soar
Economy

Chemical giant BASF sees profits soar

BASF, the world's biggest chemicals company, presented stunning 2010 results on Thursday, bouncing back from a slump in 2009 and giving an upbeat outlook for the current year despite problems in Libya.
Commerzbank bounces back to profitability
Frankfurt

Commerzbank bounces back to profitability

The second-biggest German bank, Commerzbank, marked a rebound from losses suffered during the global economic crisis as it posted a solid 2010 profit and pledged to start paying back state aid, its chairman said.
Daimler revs up profit
Cars

Daimler revs up profit

German luxury carmaker Daimler raced back to profit last year after massive 2009 losses, and gave an upbeat outlook for 2011 on Wednesday.
Daimler and VW post strong 2010 sales
Cars

Daimler and VW post strong 2010 sales

German automakers Daimler and Volkswagen posted stellar 2010 sales figures Friday, with emerging markets such as China creating voracious demand for Mercedes-Benz, Audi and VW vehicles.
Structural shake-up in store for EON
Energy

Structural shake-up in store for EON

The head of German energy giant EON is preparing the company for a radical restructuring course – including sell-offs or mergers for less profitable sectors, according to a Saturday news report.
BMW roars ahead
Cars

BMW roars ahead

The world's leading luxury car maker, BMW, reported a huge leap in third-quarter net profit on Wednesday, with recovering global markets snapping up its saloons and sports utility vehicles.
Daimler roars ahead
Cars

Daimler roars ahead

The German luxury car maker Daimler, owner of Mercedes Benz, posted Thursday a third quarter net profit that far exceeded market expectations, and substantially raised its full-year target.
Lufthansa's profits soar
airlines

Lufthansa's profits soar

Germany's leading airline Lufthansa said on Thursday that its third quarter net profit soared to €628 million ($867 million), tripling its results from the same period a year earlier as the economy improved.
VW profits race ahead
Cars

VW profits race ahead

Volkswagen, the biggest European automaker, said on Wednesday that its third-quarter net profit leapt more than 10-fold to €2.2 billion ($3.0 billion) on strong demand and strict cost controls.
SAP disappoints despite profit increase
it

SAP disappoints despite profit increase

SAP, the professional software giant, posted on Wednesday a third quarter net profit of €501 million ($690 million), a gain of 12 percent from the same period a year earlier.