VDW outlook sees domestic producers thriving in changing global market Martin Kapp, the chairman of the German Machine Tool Builders’ Assn. (VDW), told listeners at a press conference in Frankfurt, ...

Husqvarna’s Construction division is to acquire Heger, the German diamond tool manufacturer that supplies wall, floor and road sawing equipment to contractors in Europe. A private company founded in ...

West Germany`s powerful machine tool industry, long the world leader, has been having its headaches in recent years. The recession and debt crisis battered lucrative markets, and Japanese competitors ...

Rising foreign demand has seen Germany's machine-tool orders increasing lately. But the VDMA industry federation refrained from issuing an upbeat outlook for the whole of 2015 as geopolitical tensions ...

French antitrust regulators levied a fine of EUR 150 million ($162.4 million or roughly Rs. 1,389 crore) on Apple this week. The head of the French Competition Authority dismissed worries that the ...