Germany's Adidas said it would cut the number of its Reebok stores in India by about one-third as it restructures operations in the country after discovering 'irregularities' at Reebok India.

While t

Germany's Adidas raised its outlook for 2012 driven by better than expected sales in China and Japan in the first-quarter even as it announced probe into charges related to 'commercial irregularities'

German chemicals and pharmaceuticals giant Bayer, maker of Aspirin, said on Thursday it got off to an 'encouraging start' to 2012 with net profit soaring 53.5 per cent in the first three months.

"The

Volkswagen, Europe's biggest car maker, said on Thursday it got off to a 'successful' start to 2012, with net profit nearly doubling in the first three months.

VW said in a statement its net profit m

Volkswagen, Europe's biggest car maker, said Thursday it got off to a 'successful' start to 2012 with net profit nearly doubling in the first three months.

VW said in a statement its net profit motor

General Motors may expand production capacity in low-cost countries while closing its Bochum plant in Germany and Ellesmere Port site in Britain, a German magazine said, citing an internal strategy do

Volkswagen AG unit Audi is in talks to buy Italian motorbike maker Ducati, two sources familiar with the matter said, in a deal that could extend a long-standing rivalry with BMW to superbikes as well

Striking workers at Frankfurt airport are extending their stoppage until Friday evening in a bid to further turn up pressure in their pay dispute, unions said Tuesday.

Some 200 so-called 'apron cont

Frankfurt airport, Europe's third busiest hub, on Thursday warned passengers of severe delays and cancellations as workers on the airport tarmac prepared to stage a walkout over pay.

Fraport, the com

Oracle Corp's dismal quarterly results sent shock waves across the technology sector as investors feared they may have overestimated the resilience of corporate tech spending in a deteriorating global