FRANKFURT (Reuters) - Lufthansa sees a need for significant restructuring at Italy's Alitalia before the German group would be prepared to buy the airline, Lufthansa's chief executive said in a letter seen by Reuters, tempering expectations for a quick d
BERLIN/HAMBURG (Reuters) - Germany's Continental is in talks with banks about a possible structural overhaul of the auto parts and tire maker and aims to flesh out its plans within six months, its finance chief said.
DUBLIN (Reuters) - Former World Trade Organization director general Peter Sutherland, who was also a long-serving chairman of oil giant BP and the overseas arm of Goldman Sachs , died on Sunday aged 71.
BERLIN (Reuters) - A senior U.S. sales manager has quit Volkswagen's North America operations, Automotive News reported, just as the carmaker's deliveries in the world's second-largest auto market fall steeply.
(Reuters) - Neiman Marcus Group Ltd [NMRCUS.UL] on Friday named Geoffroy van Raemdonck, an executive at upscale clothing manufacturer Ralph Lauren Corp , to succeed Karen Katz as chief executive officer of the debt-burdened luxury retailer next month.