Category Archives: News

Siemens Reviewing Russia Business after Turbine Scandal

At least two of the gas turbines Siemens delivered to Russia were shipped to the annexed Crimean peninsula, which is in violation of the agreement and the sanctions. In spite of the customer’s assurance that the turbines would only be used in the South-Russian Taman, they were transported to a plant on the Crimean peninsula. […]

Continue reading

Possible Merger between ThyssenKrupp and Tata Steel Invigorates Stock Trade

The possibility of a joint venture between the steep divisions of ThyssenKrupp and Tata Steel invigorated the share value of the largest German steel company by 5% to EUR 23.58. In addition to the announcement of a possible merger, Thyssen Krupp presented cost saving plans. These plans are to save almost EUR 500 million in […]

Continue reading

Tesla Able to Increase Delivery Figures to a Record High

Tesla was able to increase its delivery rate by 50% in comparison with the previous year. A total of 25,000 cars were delivered. Thus, the company failed to reach the delivery goal of 50,000 that it had set itself. In spite of that, however, shareholders responded positively. Elon Musk announced that he intended to increase […]

Continue reading

Apple Experiences a Reversal of the Trend and Reaches Record High

Apple had to struggle with some difficulties and set-backs in the past two months, but is now experiencing a new uptrend. The share value increased to US$ 133.29, which made it possible for Apple to increase its exchange value to US$ 700 billion. The distance to the second most valuable company of the world, Google, […]

Continue reading

General Motors Invests and Additional US$ 1 Billion in the USA

The American car manufacturer General Motors wants to create 7,000 new jobs with the investments. Fiat Chrysler announced that it would invest one billion in the USA as well. The management of its competitor, Ford, canceled its plans to open a new factory in Mexico. Experts consider these media-savvy announcements by the car manufacturers as […]

Continue reading

Disappointing Start of the Innogy Stock

The RWE subsidiary Innogy went public a month ago, but already in the past nine months, its profit before taxes, interest, depreciation, and amortization have decreased by 7.3%. According to its own statements, this utility company generated profits in the amount of EUR 2.9 billion. One of the reasons that was provided for the decrease […]

Continue reading

Software Company SAP Invests Billions

Sapphire Ventures, the holding company whose majority shareholder is SAP is getting one additional billion Euro in capital. This means that a total of EUR 2.4 billion is available to support young technology start-ups. Since its creation in 1996, Sapphire has been successful on a regular basis and has helped five companies go public last […]

Continue reading
error: Content is protected !!