Alex Webb News
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Bayern Munich supporter Christopher Intsiful got his ticket to tomorrow’s Champions League final against Borussia Dortmund in London and he didn’t even have to give up his beer to get there.
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PSA Peugeot Citroen, Europe’s second- biggest carmaker, said demand for new vehicles in the region has started to stabilize at a “very low level” after deliveries increased in April for the first time in 19 months.
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Invensys Plc, which sold its rail business to Siemens AG last year, plans to use as much as 600 million pounds ($913 million) on acquisitions of higher-margin software business, Chief Executive Officer Wayne Edmunds said.
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IG Metall, Germany’s biggest union, won a pay deal in the state of Bavaria that exceeds the rate of inflation, setting a benchmark for a national accord.
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Bilfinger SE, Germany’s second- biggest construction company, is considering a bid for the water technologies business that Siemens AG is selling, according to two people familiar with the matter.
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German industry was hit by walkouts by almost 130,000 workers today in so-called warning strikes over pay conditions, according to their union.
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Bilfinger SE posted a 31 percent drop in first-quarter profit as Europe’s harsh winter and stuttering economy stunted earnings at Germany’s second-largest builder.
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Hochtief AG agreed to sell its airports division to Public Sector Pension Investment Board of Canada as Germany’s largest construction company narrows its focus to building. The stock rose to a 21-month high.
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HeidelbergCement AG, the world’s third-largest maker of cement, reported first-quarter profit that missed analysts’ estimates as a harsh winter depressed earnings in a slumping Europe, outweighing the impact of a savings program.
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Linde AG, the German company competing with Air Liquide SA to be the world’s biggest industrial gas producer, reported first quarter profit that beat analyst estimates as acquisitions made last year increased revenue.
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