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David McHugh

FILE - In this Jan. 24, 2014 file photo an employee of the Daimler AG mounts the Mercedes star on the hood of a car of the Mercedes S-class at the production line in the Mercedes-Benz production site in Sindelfingen, Germany. Automaker Daimler AG finished 2013 strongly after a rough start to the year that included a profit warning. Net profit fell 36 percent to 1.68 billion euros (US dollar 2.27 billion), reflecting a one-time gain in the fourth quarter of 2012 of 709 million euros from the sale of a stake in aerospace company EADS. With the sale excluded, the company said Thursday, Feb. 6, 2014 that operating earnings jumped 45 percent to 2.53 billion from 1.74 billion. (AP Photo/dpa, Bernd Weissbrod, File)
Business

Automaker Daimler rebounds in Q4

David McHugh -
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Daniele Nouy, the new ECB official responsible for eurozone-wide banking supervision speaks at the European Central Bank in Frankfurt, Germany, Monday, Feb. 3, 2014. (AP Photo/Michael Probst)
Business

Europe on the hunt for ‘zombie banks’

David McHugh -
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CEOs of Deutsche Bank Anshu Jain, right, and Juergen Fitschen stand together prior to the annual press conference in Frankfurt, Germany, Wednesday, Jan. 29, 2014. Germany's biggest bank had a surprise loss of 965 million euros (US dollar 1.32 billion) in the fourth quarter, as earnings were burdened by 528 million in costs for court settlements and investigations into alleged past misconduct in the fourth quarter. (AP Photo/Michael Probst)
Business

Deutsche Bank CEO: Q4 earnings ‘inadequate’

David McHugh -
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Siemens net profit rises 20 percent, orders up
Business

Siemens net profit rises 20 percent, orders up

David McHugh -
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New CEO of General Motors Mary Barra speaks during a press conference at the Opel car factory in Ruesselsheim, Germany, Monday, Jan. 27, 2014. Barra is stressing the company's support for its struggling Opel subsidiary in Europe. Barra said it was
Business

New GM boss Barra stands behind lossmaking Opel

David McHugh -
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German business confidence up amid recovery hopes
Business

German business confidence up amid recovery hopes

David McHugh -
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German economic index suggests upswing continuing
Business

German economic index suggests upswing continuing

David McHugh -
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FILE - In this July 30, 2013 file photo a traffic sign stands near the headquarters of Deutsche Bank in Frankfurt, Germany. Shares of Deutsche Bank AG have fallen sharply after Germany's biggest lender announced a large fourth-quarter net loss, its results weighed down by one-time expenses and losses on investments it is disposing of to strengthen its finances. The bank on Sunday night, Jan. 19, 2014 posted a fourth-quarter net loss of 965 million euros (US dollar 1.3 billion), an announcement that came 10 days before it was scheduled to release its results. (AP Photo/Michael Probst, File)
Business

Deutsche Bank shares drop on unexpected loss

David McHugh -
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Draghi defends bond program ahead of court hearing
Business

Draghi defends bond program ahead of court hearing

David McHugh -
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Central bank group warns markets ‘under a spell’
Business

Central bank group warns markets ‘under a spell’

David McHugh -
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