By Caroline Copley DUESSELDORF, Germany (Reuters) – Latecomers to the digital age, big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants. More than half of the firms on Germany’s blue-chip DAX index (.GDAXI) trace their roots Read More
German
By Caroline Copley BERLIN (Reuters) – Germany’s lower house of parliament passed legislation on Friday requiring major companies to allot 30 percent of seats on non-executive boards to women, as a new survey found females remain grossly under-represented in business life. Although Germany has been led by a woman, Angela Merkel, since 2005, there is Read More
By Marius Zaharia LONDON (Reuters) – European shares rose close to seven-year highs on Tuesday as better than expected German retail sales further buoyed investors days before the European Central Bank kicks off a trillion-euro bond buying program. The gains follow a rise in Asia <.MIAPJ0000PUS> and another record day on the Wall Street <.DJI> Read More
BERLIN (Reuters) – The board of German sportswear company Adidas has launched a formal search for a successor to long-serving Chief Executive Herbert Hainer, who has faced calls from some investors to step down after his contract was extended to 2017. Hainer, in the job since 2001 and the longest-serving CEO of a German blue-chip Read More
By Lionel Laurent LONDON (Reuters) – A forecast-smashing growth reading from Germany sent stock markets higher and low-rated bond yields lower on Friday, putting global equities on track for a second straight week of gains. The euro edged higher, on course for a third week of gains – its best performance in just under a Read More