Robert Bosch GmbH News
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Aleo Solar AG, the solar-panel maker owned by Robert Bosch GmbH, began talks with potential buyers after a slump in panel prices prompted the shares to collapse.
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Primus Power, a closely held battery maker, may announce next month a third customer that’ll use its systems to store excess power from a wind farm, according to Chief Executive Officer Tom Stepien.
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Deutsche Bank AG, continental Europe’s biggest bank, is asking investors to replace three non- bankers supervising its executives with finance and legal experts after litigation-related costs eroded profit last year.
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Robert Bosch GmbH, the biggest car- part supplier, said it will begin selling the industry’s first charging station for electric cars priced at less than $450.
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Super Group Ltd., the best performing stock in the FTSE/JSE Africa All-Share Index this year, forecast fiscal full-year profit growth will match that of the first half as the South African transport company recovers from near collapse five years ago.
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Infineon Technologies AG, Europe’s second-biggest chipmaker, gained the most in almost four years after projecting revenue for this quarter that would top analysts’ estimates as demand for its semiconductors recovers.
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IG Metall, Germany’s largest manufacturing labor union, widened protests including temporary walkouts into the state of Baden-Wuerttemberg in a push for higher pay raise for workers at industrial companies.
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German unemployment rose for a second month in April, adding to signs that Europe’s largest economy is struggling to recover from a slump at the end of last year.
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Economic confidence in the euro area decreased more than economists forecast in April as the 17- nation currency bloc struggled to emerge from a recession and the bailout of Cyprus renewed debt-crisis concerns.
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Robert Bosch GmbH, Europe’s biggest car-parts maker, is forecasting 2013 sales will increase as much as 4 percent as growth outside the region makes up for a recession in its home market.
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