Volkswagen chairman appears isolated on board after CEO criticism

Volkswagen (VOWG_p.DE) Chairman Ferdinand Piech faces growing resistance within the carmaker's supervisory board to his criticism of Chief Executive Martin Winterkorn.


UPS to invest $1.06 billion in Europe: Wirtschaftswoche

United Parcel Service Inc. (UPS.N) plans to invest 1 billion euros ($1.06 billion) in Europe to expand its package delivery network, German magazine Wirtschaftswoche reported on Sunday, without citing its sources.

New reckoning for copper miners now running in the red

Nearly a quarter of the world's major copper mines are running in the red, even after producers including Codelco [COBRE.UL] and BHP Billiton engage in their deepest cost-cutting in years, according to a Reuters analysis.

BDI industry group sees German growth of 2 percent in 2015

Germany's BDI industry association is more optimistic about the prospects for Europe's biggest economy than it was three months ago due to cheap oil, strong private consumption and a weak euro, its president said on Sunday.


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German industrial robot maker Kuka is open to further purchases after acquiring Swiss logistics group Swisslog last year, Welt am Sonntag reported, citing chief executive Till Reuter.
China and Afghanistan remain deadlocked over a stalled $3 billion copper mine five months after Beijing demanded royalties be slashed by almost a half, underlining Kabul's struggles to support itself as foreign aid dries up.
Germany's economy minister warned on Saturday against overblowing expectations for an economic boost from a trade deal between the United States and European Union but said the pact was needed to set high common standards for consumers.
Euro zone officials were shocked at Greece's failure to outline plans for structural reforms at last week's talks in Brussels, a German newspaper on Saturday cited participants as saying, adding the Greek representative behaved like a "taxi driver"
Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support.
Volkswagen (VOWG_p.DE) has plunged into a full-blown leadership crisis after Chief Executive Martin Winterkorn let it be known on Saturday he will fight for his job even though the carmaker's chairman has reportedly withdrawn confidence in the CEO.
Bombardier Inc is exploring a possible sale of all or part of its railway business, which bankers value at up to $5 billion, among options to pay for huge cost overruns in its aircraft business, sources familiar with the matter said.
French media group Vivendi (VIV.PA), with cash to spend after selling a chunk of its business, has no plans to bid for smaller rival Lagardere (LAGA.PA).
China's economy faces increased downward pressure, the premier has said, as the country prepares to announce first-quarter economic growth.
The China-led Asian Infrastructure Investment Bank (AIIB) will be lean, clean and green, its interim chief said, playing down concerns over transparency and standards governing the institution.
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