German consumer sentiment tumbles on job cut fears, survey shows

thyssenkrupp Steel plans up to 11,000 job cuts, site closure

Experts give positive update on Thyssenkrupp Steel, reports Spiegel

Thyssenkrupp shares jump on Q4 beat, strong cash flow

Thyssenkrupp AG reported strong Q4 FY23/24 results, with a surprise adjusted EBIT beat, higher cash flow, and positive mid-term outlook, boosting investor confidence despite ongoing challenges.

Thyssenkrupp takes $1 billion impairment on steel unit as outlook worsens

Thyssenkrupp announces a €1 billion impairment in its steel division due to weak demand and Asian competition, while seeking new partnerships and showing unexpected financial resilience.

European shares hit 3-month low after Russia's nuclear doctrine sparks risk-off moves

European stocks hit a three-month low due to geopolitical tensions and inflation concerns, while safe-havens rise. Major sectors suffer losses, impacting market sentiment.

Germany stocks mixed at close of trade; DAX down 0.13%

Germany's stock market closed mixed, with gains in software and retail sectors, while DAX and MDAX indices fell. SAP reached all-time highs, and Bechtle hit 52-week lows.

Exclusive-Carlyle quits bidding process for Thyssenkrupp marine arm

Carlyle has withdrawn from bidding for Thyssenkrupp's marine division, posing a setback to the company's restructuring plans, which involve exploring other partnerships and spin-off options.

Thyssenkrupp reviews plans for green steel production

Thyssenkrupp is reviewing its green steel production plans amid financial struggles and disputes within its steel division, considering cost overruns and project viability.

Thyssenkrupp steel head prepares staff for 'tough' cuts

Thyssenkrupp Steel faces significant layoffs as market conditions worsen; a new business plan is being developed but job numbers remain uncertain.