Business

Germany's Siemens sees profit up 20%, raises dividend

Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit rise 20% to 1.8 billion euros in the last three months of 2021 as the rebounding global economy increased orders ...

Business

Brussels Airlines lost 182 mn euros in six months

Belgium's biggest airline, Lufthansa subsidiary Brussels Airlines, said Thursday it had lost 182 million euros in the first six months of 2020 because of the coronavirus crisis.

Business

Telecom Italia approves US fund's bid for network

Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision.

Automotive

'Hey Alexa': Amazon, Stellantis team up on car dashboards

US-European automaker Stellantis and Amazon are teaming up to develop onboard electronics systems that will bring the Alexa smart assistant to vehicles including the Jeep and Ram truck brands, the companies said Wednesday.

Business

Biggest fines under EU privacy law

The European Union rolled out its mammoth data privacy regulation five years ago this week, and has since handed down billions in fines.

Automotive

Volkswagen cranks up electric car investment

German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles and digitalisation to 89 billion euros ($101 billion) over the next five years.

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