Bartosz Dąbrowski

German medical equipment maker Siemens Healthineers on Thursday posted first-quarter revenue above expectations and an operating result in line with consensus, driven by its U.S. cancer treatment unit Varian.

Germany, in an unexpected move, will not take part in Commerzbank's share buy-back programme and as a result increase its stake in the lender to 16.5%, business daily Handelsblatt reported on Wednesday citing financial sources.

U.S. software giant Microsoft will invest 3.2 billion euros ($3.44 billion) in Germany in the next two years, mostly in artificial intelligence, offering a boost to Europe's largest economy as it faces its worst slump in 20 years.

Daiichi Sankyo said on Friday it would invest about 1 billion euros ($1.07 billion) to expand a site near Munich, Germany, to boost its work on precision cancer drugs.

DHL Group warned of weak demand in the first half of this year after posting a 25% fall in 2023 profit on Wednesday, sending shares in the German logistics giant down more than 5%.

Lufthansa Technik (LUFT.UL) expects its sales to increase to more than 10 billion euros ($11 billion) by 2030, Lufthansa's aircraft maintenance business said on Tuesday.

Mercedes-Benz CEO Ola Kallenius almost doubled his remuneration last year thanks to high bonus payouts, a company report published on Friday showed.

Symrise beat first-quarter sales estimates on Thursday on higher demand but shares in the German flavour and fragrance maker fell as the result lagged behind Swiss peer Givaudan .

Shares in European airlines and travel companies fell on Wednesday as airlines scrambled to divert flights after Iran fired more than 180 ballistic missiles at Israel.

German plastics and chemicals maker Covestro said on Thursday its management and supervisory boards support Abu Dhabi National Oil Company's (ADNOC) $16.3 billion takeover offer.