FRANKFURT, Germany: Deutsche Bank has uncovered shortcomings in its ability to identify clients and the source of their wealth, internal documents seen by...
FRANKFURT: BMW and Mercedes-Benz are betting they can mass-produce new electric cars based on conventional vehicles, defying skeptics who say they will need...
FRANKFURT/DETROIT: BMW and Daimler, the world’s top luxury carmakers, have announced alliances with suppliers, talking up the virtues of having a bigger pool...
FRANKFURT, Germany/DETROIT: The race to develop and exploit autonomous vehicle technology is reshaping the hierarchy of the automotive industry, replacing...
FRANKFURT, Germany/PARIS: PSA Group told German Chancellor Angela Merkel and top labor representatives that it would uphold Opel and Vauxhall job guarantees...
STUTTGART, Germany: Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early – a feat achieved, ironically,...
FRANKFURT: For years, record sales of high-performance sports cars meant big profits at BMW that could fund incentives and investment in technology to meet...
GENEVA: The main talking point at this week’s Geneva car show is likely to be a vehicle that may never be built: the Apple car. The world’s automakers will...
FRANKFURT/NEW YORK: A U.S. judge has dismissed a lawsuit tied to the 1983 Beirut bombing that seeks $1.6 billion in assets belonging to Iran’s central bank...
FRANKFURT: Anti-capitalist demonstrators from the Blockupy movement paralyzed Germany’s financial center Friday, cutting off access to the European...
LONDON/FRANKFURT: For years, the United States struggled to get foreign bankers to comply with its effort to throttle Iran’s economy – but a...
ZURICH/FRANKFURT: Leading European banks reported dismal profits Tuesday, blaming everything from the continent’s debt crisis and Spain’s property...
FRANKFURT: Europe’s sovereign debt crisis will stunt bank profit for years and could kill off the weakest, Deutsche Bank chief executive Josef Ackermann...
FRANKFURT: European politicians rejected Thursday an International Monetary Fund call for banks to raise up to 200 billion euros ($290 billion) in new...