Maria Sheahan –

LED makers get smart to rise above price war and growth cliff

August 24, 2021 at 10:41 p.m.

FRANKFURT (Reuters) - Lighting companies like Philips and Osram are scrambling to develop more advanced technology as a price war for LED bulbs threatens to eat into profits and bring...

German execs criticize West for allowing tension with Russia to rise

August 24, 2021 at 10:14 p.m.

FRANKFURT (Reuters) - Several top German executives criticized the strategy of the U.S. and Europe in dealing with Russia after it took control of the Crimea region, fearing the consequences...

Tourism industry emerges from downturn

December 23, 2018 at 4:31 p.m.

BERLIN (Reuters) - The outlook for the global travel industry looks brighter for 2014 as European economic recovery and rising consumer confidence are prompting holidaymakers and businesses to loosen their...

Egypt lobbies Germany to ease travel advisory: minister

December 23, 2018 at 4:29 p.m.

BERLIN (Reuters) - Egypt is urging Germany to ease its advice against travel to the entire Sinai peninsula after security concerns following the fatal bombing of a tourist bus prompted...

Egypt lobbies Germany to ease travel advisory: minister

November 3, 2021 at 8:19 p.m.

BERLIN (Reuters) - Egypt is urging Germany to ease its advice against travel to the entire Sinai peninsula after security concerns following the fatal bombing of a tourist bus prompted...

Thyssen announces capital increase as U.S. deal sealed

August 24, 2021 at 5:47 p.m.

FRANKFURT (Reuters) - Germany's ThyssenKrupp announced plans to for a much-needed capital increase after striking a deal to sell its U.S. steel plant to ArcelorMittal and Nippon Steel & Sumitomo...

Siemens shakeup returns power to country managers

August 24, 2021 at 4:33 p.m.

FRANKFURT (Reuters) - Siemens' new Chief Executive Joe Kaeser is returning more power to lower-level managers around the world with the aim of making the engineering group more nimble. The...

Pressure mounts for ThyssenKrupp cap hike as revamp stalls

August 24, 2021 at 2:18 p.m.

FRANKFURT (Reuters) - Pressure is rising on German conglomerate ThyssenKrupp to seek cash from shareholders as the indebted firm's plans to pivot its strategy from steelmaking to technology stalls and...

ThyssenKrupp finances weaken as Americas sale drags on

August 24, 2021 at 2:13 p.m.

FRANKFURT (Reuters) - Germany's ThyssenKrupp saw its finances weaken in the latest quarter as the indebted group struggled to find a buyer for its loss-making Steel Americas division. ThyssenKrupp has...

Steel Americas cloud hangs over Germany’s ThyssenKrupp

August 24, 2021 at 2:10 p.m.

FRANKFURT (Reuters) - Pressure is growing on ThyssenKrupp to shore up its strained balance sheet by raising new capital as talks on selling its loss-making steel mills in the Americas...

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