german

Citigroup Chooses Frankfurt as New European Trading Hub

Citigroup Chooses Frankfurt as New European Trading Hub

Citigroup, Inc. (NYSE: C) announced that they have chosen Frankfurt as their newest trading hub in the European Union and hopes that the board of directors will approve with this decision. This expansion will create between 150 and 250 new role..

Porche's Employees Under Investigation by German Prosecutors

Porche's Employees Under Investigation by German Prosecutors

On Monday, The Stuttgart prosecutor’s office said that employees at German sports car maker Porsche AG and a U.S-based subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.According to an art..

BMW Makes $600 Million Investment In Spartanburg Plant, To Add 1,000 Jobs

BMW Makes $600 Million Investment In Spartanburg Plant, To Add 1,000 Jobs

BMW AG, the German manufacturer, announced on June 26, that it will invest approximately $600 million in the United States. This money will go the company's existing Spartanburg, South Carolina plant. The company will buttress its manufacturing ..

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German grocery chain Aldi announced over the weekend that it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022. Aldi operates 1,600 U.S. and is now planning to open 900 new stores over the next five years. The announcement was..