French automotive group Renault SA (RNO.FR) said Friday its in-house finance company will start taking deposits and offer banking services in Germany from Feb. 18, taking on German auto giant Volkswagen AG (VOW.XE) in its home market. …read more
Source: FULL ARTICLE at Fox Business Headlines
Tag Archives: XE
FDA Grants Priority Review of Bayer's Radium Ra 223 Dichloride for Prostate Cancer
Bayer AG’s (BAYRY, BAYN.XE) new-drug application for its oncology compound, Radium Ra 223 Dichloride, was granted priority review by the U.S. Food and Drug Administration. …read more
Source: FULL ARTICLE at Fox Business Headlines
ProSiebenSat.1 Preference Share Placement Launched by Deutsche Bank
Deutsche Bank Tuesday said it launched a placement of 19.7 million preference shares in ProSiebenSat.1 Media AG (PSM.XE) on behalf of majority owner Lavena Holding 1 GmbH. …read more
Source: FULL ARTICLE at Fox Business Headlines
SAP CFO to Join RWE Supervisory Board – Report
Werner Brandt, chief financial officer at software company SAP AG (SAP.XE), is expected to become a member of utility company RWE AG’s (RWE.XE) supervisory board, Germany‘s manager magazine reports Wednesday, citing people close to the matter. …read more
Source: FULL ARTICLE at Fox Business Headlines
US FDA Reviews Bayer Radium-223 Dichloride Cancer Treatment
The U.S. Food and Drug Administration has granted priority review to Bayer AG’s (BAYN.XE) radium-223 dichloride treatment for prostate cancer, reducing the review period by several months, the German chemical and pharmaceutical company said Wednesday. …read more
Source: FULL ARTICLE at Fox Business Headlines
ThyssenKrupp Prefers Cash for Americas Steel Plants; To Sign Deal in May
Germany’s largest steel maker ThyssenKrupp AG (TKA.XE) prefers offers based on cash rather than shares when reviewing bids for its two Americas steel plants, senior executives said Tuesday. …read more
Source: FULL ARTICLE at Fox Business Headlines
Bayer Applies for US, EU Regulatory Approval of Riociguat
German chemical and pharmaceutical group Bayer AG (BAYN.XE) said Monday it has applied for regulatory approval of riociguat in the U.S. and the European Union. …read more
Source: FULL ARTICLE at Fox Business Headlines
Allianz Holds Talks on Offshore Wind Park Investments – Report
German insurer Allianz SE (ALV.XE) is holding talks with a unit of Dutch electricity grid operator Tennet Holding BV and the German environmental ministry regarding investments in offshore wind parks worth billions of euros, according to an article in German magazine Der Spiegel. …read more
Source: FULL ARTICLE at Fox Business Headlines
ThyssenKrupp Sees Jobs Cuts in Revamp of European Steel Unit
German steel and engineering conglomerate ThyssenKrupp AG (TKA.XE) will drastically reduce headcount in its European steel unit in a move to alleviate margin pressure amid the region’s sluggish demand and new competition from Russia. …read more
Source: FULL ARTICLE at Fox Business Headlines
LME: Commerzbank Applies for Category 2 Membership of Exchange
The London Metal Exchange said Monday that Commerzbank AG (CBK.XE) has applied for category two associate broker clearing membership of the exchange.
Source: FULL ARTICLE at Fox Business Headlines
BASF Says Strengthening Euro Could Weigh on Earnings
German chemical company BASF SE (BAS.XE) said Friday its earnings would be hurt if the euro continues to trade at an elevated level against other currencies for a protracted period.
Source: FULL ARTICLE at Fox Business Headlines
EMA Reexamines Bayer Acne Medication
The European Medicines Agency is taking another look at German chemical and pharmaceutical company Bayer AG’s (BAYN.XE) acne medicine known as Diana-35 after it was banned Wednesday by France‘s drug authority, which said data had linked the drug to blood-clot-related deaths and other cases of blood-clot illnesses.
Source: FULL ARTICLE at Fox Business Headlines
ThyssenKrupp Gets Order to Expand Fertilizer Facility in Turkey
German steel and engineering group ThyssenKrupp AG (TKA.XE) said Thursday it has received an order worth around 141 million euro ($190.3 million ) to expand a fertilizer production plant in Turkey.
Source: FULL ARTICLE at Fox Business Headlines
Bayer 'Surprised' by French Watchdog Suspending Acne Pill
German pharmaceuticals group Bayer AG (BAYN.XE) said Wednesday it was “surprised” by French drug watchdog ANSM‘s decision to suspend the sale of its acne pill Diane 35 and its generics in the country.
Source: FULL ARTICLE at Fox Business Headlines
Bayer Says 'Surprised' By French Watchdog Suspending Acne Pill
German pharmaceuticals group Bayer AG (BAYN.XE) said Wednesday it was “surprised” by French drug watchdog ANSM‘s decision to suspend the sale of its acne pill Diane 35 and its generics in the country.
Source: FULL ARTICLE at Fox Business Headlines
France Suspends Sale Of Acne Drug Used As Contraceptive
French authorities Wednesday said they are progressively suspending the sale of an acne treatment from German pharmaceutical company Bayer AG (BAYN.XE) used as a contraceptive in some countries, amidst heightened public scrutiny in France over the safety of some forms of the pill.
Source: FULL ARTICLE at Fox Business Headlines
BASF Gives Up Seeking Approval for GMO Potatoes in Europe
BASF SE (BAS.XE) has given up seeking approval for genetically modified potatoes in Europe, the German chemical company said Tuesday, after concerted opposition from consumers, farmers and lawmakers.
Source: FULL ARTICLE at Fox Business Headlines
BASF Plans Euro Benchmark 8-Year Bond
German chemicals company BASF SE (BAS.XE) has planned a euro, benchmark, eight-year bond, one of the banks running the deal said Monday.
Source: FULL ARTICLE at Fox Business Headlines
Bayer Birth-Control Product Investigated in France -Report
German company Bayer AG (BAYN.XE) faces a probe by French authorities over its birth-control product Diane-35, German daily Tegesspiegel reported on its website Monday, citing an announcement from the French health agency.
Source: FULL ARTICLE at Fox Business Headlines
Commerzbank Job Cuts To Affect All Areas, Units
Commerzbank AG’s (CBK.XE) plans to cut between 4,000 and 6,000 full-time jobs by 2016 will affect all group levels and units, in Germany and abroad, although online bank Comdirect and Polish unit BRE Bank (BRE.WA) will be excluded, according to internal documents seen by Dow Jones Newswires Thursday.
Source: FULL ARTICLE at Fox Business Headlines