FRANKFURT (Reuters) – Taylor Swift and Justin Bieber shared the spoils in Frankfurt on Sunday at the MTV Europe Music Awards, each scooping three prizes at one of the biggest nights in the pop calendar outside the United States.
American country singer Swift, who left the Country Music Association awards empty-handed less than two weeks earlier, picked up honours for Best Female, Best Live and Best Look.
FRANKFURT (Reuters) – The MTV Europe Music Awards bring the pop circus to Frankfurt on Sunday, with Barbadian R&B singer Rihanna leading the nominations and the late Whitney Houston to be honored with a Global Icon award.
Houston, who was found dead in a Beverly Hills hotel bathtub on February 11, will be the third artist to be given the award, following Bon Jovi and Queen in 2010 and 2011.
FRANKFURT (Reuters) – The MTV Europe Music Awards will rock Frankfurt’s Festhalle concert venue on Sunday, with Barbadian R&B singer Rihanna leading the nominations and all eyes on Korean dance sensation Psy.
Psy’s hit “Gangnam Style”, which is up for the Best Video award, has been viewed more than 670 million times and received a record-breaking 4.9 million “likes” on Facebook since being released in mid-July.
BERLIN, Nov 8 (Reuters) – Siemens AG aims to save
6 billion euros ($7.7 billion) by the end of its 2014 fiscal
year, more than expected, as the German engineering conglomerate
fights to stay competitive in a weak global economy.
An industrial bellwether and Germany’s most valuable
company, Siemens has come under pressure to cut costs and focus
on its most profitable businesses as the global economy takes
longer to recover than it initially expected.
FRANKFURT (Reuters) – German steel distributor Kloeckner & Co (KCOGn.DE: Quote, Profile, Research, Stock Buzz), seeing no near-term respite from a sector slump and massive overcapacity, extended its job-cutting plans on Wednesday.
It said it would shut down about a fifth of its sites and shed a further 500 jobs, bringing the total to 1,800 or some 16 percent of its workforce.
LONDON/FRANKFURT (Reuters) – From advertising and luxury goods to cars and heavy engineering, European industry is retrenching and abandoning its already modest growth targets, a worrying sign for investors who bought into the summer stock market rally.
The signals from third quarter results so far are that Asian, emerging market and resources sector demand is no longer making up for weakness at home.
LONDON/FRANKFURT, Nov 2 (Reuters) – From advertising and
luxury goods to cars and heavy engineering, European industry is
retrenching and abandoning its already modest growth targets, a
worrying sign for investors who bought into the summer stock
The signals from third quarter results so far are that
Asian, emerging market and resources sector demand is no longer
making up for weakness at home.
FRANKFURT, Oct 23 (Reuters) – The DAX top-30 index
looked set to open 0.1 percent higher on Tuesday, according to
premarket data from brokerage Lang & Schwarz at 0647 GMT.
The following are some of the factors that may move German
stocks on Tuesday:
Indicated 0.2 pct higher lower
The German premium carmaker said it aims to invest more than
200 million euros ($261.41 million) in a new plant in Joinville,
Brazil, in the state of Santa Catarina. Plans call for a
capacity of about 30,000 vehicles per year with production
slated to begin in 2014.
FRANKFURT (Reuters) – German engineering group Siemens (SIEGn.DE: Quote, Profile, Research, Stock Buzz) is to sell its solar energy business and is already holding talks with potential buyers, as it trims underperforming businesses to close a profitability gap with peers.
Demand for solar power has been hurt by top consumer Europe cutting back subsidies for green energy and the euro zone debt crisis crippling the finances of sunny countries such as Greece and Spain.
FRANKFURT, Oct 15 (Reuters) – The founding family of Douglas
Holding AG has teamed up with private equity to bid
for the loss-making retailer, offering a possible end to months
of uncertainty over its ownership as it battles fierce
competition from online players.
Under a deal announced on Monday valuing the German
perfume-to-books retailer at 1.5 billion euros ($2 billion), the
Kreke family gains more control over the group as it carries out
a restructuring of its under-pressure books business Thalia.