Tag: group
Big penalty to VAG Group in Texas!
Do you remember in the past years Volkswagen’s diesel engines his head ached a lot. The brand paid the penalty it had to pay according to the result of the…
Dax group Brenntag threatens defeat in the supervisory board election in June
burning day The chemical trader wants to reorganize its supervisory board. (Photo: IMAGO/imagebroker) Dusseldorf The chemicals dealer Brenntag is coming under increasing pressure from its shareholders. At the upcoming general…
Advertising slack hits the group – sales and profits collapse
Per Sieben Sat 1 The company has not yet specified the planned job cuts. (Photo: dpa) Berlin The advertising business, which is weakening due to the recession, makes for a…
Digital Currency Group (DCG) Company in Difficult Situation Decided to Close One Unit Again!
Continuing negotiations with the bankrupt lender’s creditors, digital asset conglomerate Digital Currency Group is closing its TradeBlock subsidiary, which provides transaction processing, pricing and main brokerage services to institutional investors.…
Advertising slack hits the group – sales and profits collapse
Per Sieben Sat 1 The company has not yet specified the planned job cuts. (Photo: dpa) Berlin The advertising business, which is weakening due to the recession, makes for a…
Warning house group closes three branches less
Galeria branch in Dortmund The department store is one of the three locations that will not be closed after all. (Photo: dpa) Dusseldorf The department store group Galeria will get…
Schwarz Group around Lidl and Kaufland is growing strongly with new business areas
Lidl branch The discounter’s business still accounts for the largest part of the Schwarz Group’s sales. (Photo: dpa) Dusseldorf In a difficult environment, the Schwarz Group has managed to significantly…
Inflation and slack consumption are pushing the Otto Group into the red
Headquarters of the Otto Group in Hamburg According to CEO Birken, the reasons for the slump are, among other things, that more money is being spent on travel and culture…
New Uniper management wants to privatize the group again “as quickly as possible”.
Dusseldorf According to the will of the new board of directors, the crisis group Uniper should be privatized again as quickly as possible. At the energy supplier’s annual general meeting…
Major shareholder criticizes Germany’s largest real estate group
Vonovia CEO Rolf Buch On Wednesday he will present himself to the shareholders at the Annual General Meeting. (Photo: Vonovia) Dusseldorf They are pithy words. Major shareholder Union Investment accuses…
That’s how great the risks are for the real estate group
Vonovia in the balance sheet check The share price of Europe’s largest housing group has recently come under pressure. (Photo: dpa) Frankfurt Confidence was great. Vonovia CEO Rolf Buch spoke…
Sovereign wealth fund is negotiating entry into industrial gases group Messer
Messer CO2 recovery system: The gas group could soon get the sovereign wealth fund GIC as a new partner (Photo: obs) Frankfurt, Dusseldorf The German industrial gases manufacturer Messer wants…
Public prosecutor’s office investigates the star investor’s group
Carl Icahn The activist investor is considered one of the most influential men on Wall Street. (Photo: Bloomberg) Dusseldorf In the US, federal prosecutors have launched an investigation into Icahn…
Prosecutors are investigating against the star investor’s group
Carl Icahn The activist investor is considered one of the most influential men on Wall Street. (Photo: Bloomberg) Dusseldorf In the US, federal prosecutors have launched an investigation into Icahn…
Last Minute: Two Giant Companies Jane Street Group and Jump Crypto Withdraw from Cryptocurrency Trading!
Jane Street Group and Jump Crypto, two of the world’s largest market makers, are withdrawing from digital asset trading in the US due to regulatory pressure on the industry. According…
What the group is missing to turn the tide
SAP in the balance sheet check Profitability is at its lowest since the turn of the millennium. (Photo: Imago) Dusseldorf When SAP invites to the general meeting on Thursday, the…
Giesecke + Devrient is transforming into a digital group and cannibalizing itself
iPhones Modern cell phones like the iPhone 14 use virtual SIM cards, the so-called e-SIMs. This is a rapidly growing business for Giesecke & Devrient. (Photo: Reuters) Munich The transformation…
Construction group Hochtief replaces Vantage Towers in the MDax
The departure of the mobile phone mast operator Vantage Towers from the Frankfurt stock exchange floor makes room for Hochtief in the MDax. Experts had expected this development. The construction…
Vice Media Group Reportedly Going Bankrupt
It has been claimed that Vice Media Group, one of the world’s largest digital media companies, may file the bankruptcy flag. However, according to sources familiar with the matter, the…
This US group buys the German heating manufacturer Viessmann
air conditioners The US company is considered the founder of modern air conditioning. Dusseldorf In Germany, the name Carrier Global is more familiar in specialist circles – but with the…