Schaeffler is set to trim its European workforce, impacting 4,700 employees. Germany will see the maximum cuts, with about 2,800 layoffs across ten
In his introduction, Commissioner-designate Dan Jørgensen said that energy policy is at the core of all the challenges Europe currently faces - on competitiven
Its shares fell 4.7% by 1120 GMT and are down more than 20% so far thi
The company is downsizing at 10 locations in Germany and five other sites in Europe, further illustrating the challenges facing the European car indust
German machine and car parts maker Schaeffler on Tuesday said it planned to lay off 4,700 people in Europe after its operating profit almost halved in the third
(Bloomberg) -- Stocks staged a late-week rebound, with traders looking past noisy economic data and uncertainties about one of the most closely contested el
(Alliance News) - European equities were higher solidly on Friday afternoon ahead of a key US jobs report, with the FTSE 100 clawing back some post-budget weakn
Unilever will cut around 1,500 fewer jobs in Europe than previously anticipated as part of a cost-saving programme that involves spinning off its ice cream unit
This is CNBC's live blog covering European markets. European markets were higher on Friday, starting November on a positive footing as traders
This was CNBC's live blog covering European markets. European markets closed higher on Friday, starting November on a positive footing as trad
This was CNBC's live blog covering European markets. European markets closed higher on Friday, starting November on a positive footing as trad
This is CNBC's live blog covering European markets. European markets are expected to open mixed on Friday, reflecting a tentative start to Nov