Indias Top Carmaker Maruti Suzukis Q2 Revenue Misses Estimates, Shares Fall

Oct 29 Reuters India39;s top carmaker Maruti Suzuki reported a lowerthanexpected secondquarter revenue on Tuesday, weighed down by a double whammy of lower sales and rising discounts, sending its shares 5 lower. The 39;Brezza39; SUV manufacturer39;s standalone revenue from operations rose 0.4 to 372.03 billion rupees 4.43 billion for the JulySeptember quarter, while analysts expected it […]
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Germany Needs Reform and Investment to Overcome Recession, says IMF Europe Head

BERLIN, Oct 29 Reuters Germany needs both structural reforms and more investment in public infrastructure to overcome recession, the European head of the International Monetary Fund said in an interview with Sueddeutsche Zeitung. Without a functioning infrastructure, there can be no productive economy, Alred Kammer told the paper in an interview published on Tuesday. In […]
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UniCredit Italian Shareholder Cariverona Confirms Support for Commerzbank Move

MILAN, Oct 28 Reuters Fondazione Cariverona, a major Italian shareholder in UniCredit, confirmed its support for the bank39;s management in regards to Commerzbank, its chairman said on Monday. UniCredit has upset officials in Germany by becoming the biggest private investor in Commerzbank and preparing the ground to potentially become its single biggest shareholder, leapfrogging the […]
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