Tags: Germany
Exporters from Germany Affected by Depreciation of Yen
German exporters face tough hurdle because of the Yen's continued depreciation. The big exporters of Germany are facing a new difficulty from its Japanese competitors following the quick depreciation of Yen as against the Euro.
Statkraft AS Sells Off Interest in EON SE
Statkraft AS sells interest in German power producer EON SE. The biggest utility company in Norway, Statkraft AS has sold off its 4. 2% shareholdings in EON SE, the largest power producer in Germany.
Betfair Increases Profit Forecast to Avoid Acquisition
Betfair puffs up to block CVC Capital's takeover bid. On Tuesday, the online gambling company Betfair increased its profit forecast which included the company's target on cost savings.
Linde's Acquisition Helps Boost Profits
Linde's acquisition of Lincare provides boost in profit for the first quarter. Linde, the world's second largest industrial gas producer, reported a 12.