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VW seeks record profit for its finance unit this year

2015-03-18 12:33:31| Automakers - Topix.net

Volkswagen's finance arm mulls 2015 operating profit above last year's record-breaking tally of 1.7 billion euros , according to comments made by the division's chief executive officer, Frank Witter. Volkswagen AG is currently the largest automaker in Europe and also the second-biggest in the world, so naturally its finance division is just as strong, with VW Financial Services handling all dealer and customer financing services, together with he German group's banking and leasing business.

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Oil falls further on record US crude stocks

2015-03-18 01:00:00| Offshore Technology

The price of Brent crude oil fell towards $53 a barrel, as US crude stocks surged to a new record high.

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Siemens Achieves again Record Efficiency with the Samsun H-class Power Plant in Turkey

2015-03-17 11:31:13| Industrial Newsroom - All News for Today

Cengiz Enerji Samsun combined cycle plant completed in record time Overall plant efficiency level of 61 percent Siemens, together with its partner and customer Cengiz Enerji Sanayi ve Ticaret A.S., has completed the combined cycle power plant of Cengiz Enerji Samsun in Turkey two months ahead of the agreed...

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Online Retail Spurs Record Investment in European Warehouses

2015-03-17 11:00:37| Logistics - Topix.net

Employees work on the warehouse floor at one of Amazon.com Inc.'s fulfillment centers in Peterborough, U.K. Photographer: Chris Ratcliffe/Bloomberg -- European warehouses attracted record investment last year as Internet retail growth boosted demand for storage space close to the homes of online shoppers. Investment climbed by 28 percent to 21.7 billion euros , according to Jones Lang LaSalle Inc. Anticipation of a prolonged rise in Internet retail has sparked competition for assets, causing average yields to narrow to 7.8 percent last year from 8.9 percent in 2013, according to broker DTZ Holdings Plc.

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Oregonian: Wind gust hits 58 MPH; record rainfall Sunday, too

2015-03-16 17:36:07| PortlandOnline

News story posted to oregonlive.com March 15, 2015.

Tags: too record sunday hits

 

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