Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
A German man was arrested for allegedly sharing information from the European Parliament with the China's secret service, the federal prosecutor’s office said.
Volkswagen workers in Tennessee have voted in favor of the United Auto Workers — marking the union's first successful organizing drive of a foreign automaker.
Dubai Airports CEO said he expects services to return "close to normality" soon as the major transit hub deals with the fallout from unprecedented flooding.
German cars are “the best in the world” and the country’s carmakers do not have to fear competition from China, German Finance Minister Christian Lindner said.
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