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Boeing delivers C-17 to RAF
FRANKFURT, Germany, Feb. 5 (UPI) -- German Deutsche Bank head Josef Ackermann touted his company's improved yearly profits and said he is not afraid of a corporate takeover.
Ackermann told a Thursday press conference in Frankfurt a hostile takeover of Deutsche Bank would spark an exodus among top executives, making such a move highly unlikely.
"Deutsche Bank would not be the same bank without its top 200 people," Ackermann said. "A potential attacker would also see that."
Deutsche Bank's 1.4 billion euros in 2003 earnings represent a tripling of its 2002 results, but are still shy of international leaders' 2003 numbers.
The company's 2003 fourth-quarter earnings after taxes were 436 million euros, way up from a fourth quarter loss of 105 million euros last year.
The strong results boosted per share dividends from 1.30 euros to 1.50 euros and sparked a jump in share prices.
"2004 began well, and we are confident that our goals for growth will be within our reach if the world economy and financial markets continue to develop positively," Ackermann said.
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ERBIL, Iraq, May 22 (UPI) --
Despite tensions between the Kurdish and Iraqi governments, officials at an energy summit in northern Iraq say export pipelines could reach Turkish ports.
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TEL AVIV, Israel, May 22 (UPI) --
Israel's Rafael Advanced Defense Systems is developing a "hard kill" defense for helicopters against surface-to-air missiles, part of the air force new doctrine to counter advanced SAMs being acquired by Iran, Syria, Hezbollah and the Palestinians.
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Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
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What if Europe turned out to be the new Japan?
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