Vodafone slashes dividend after vast annual loss

British telecoms giant Vodafone announced Tuesday that it recorded a vast annual net loss of 7.6 billion euros ($8.5 billion), hit partly by the sale of its Indian assets.

Germany's Bosch aims to go carbon-neutral from 2020

Car parts supplier Bosch said Thursday it plans to produce zero net carbon emissions "from 2020" and to spend two billion euros ($2.2 billion) on renewable electricity over the next decade.

Investments weigh on Deutsche Telekom bottom line

German network operator Deutsche Telekom said Thursday it was confident of hitting its financial targets for 2019, although it reported falling profits in the first quarter as costly infrastructure investments hit.

Siemens on track for 2019 ahead of power and gas spinoff

German industrial conglomerate Siemens said Wednesday it was sticking to its targets for 2018-19 after a steady second quarter, having announced the spinoff of its historic power and gas unit a day before.

Airbus profits plunge, blames scrapping of A380

European aerospace giant Airbus announced Tuesday its net profit fell sharply in the first quarter, blaming in part its decision to stop building the loss-making A380 super-jumbo.

High fuel costs drive Lufthansa deeper into red in Q1

German airline group Lufthansa plunged deeper into the red in the first quarter, it said Tuesday, blaming the rising price of fuel and intense competition in Europe but sticking to annual targets.

Nokia sees tough competition in market for 5G networks

Telecoms gear maker Nokia reported Thursday a surprise first-quarter loss amid tougher competition for the new, superfast wireless 5G networks that are expected to increase in business this year.

Uber launches electric bikes, scooters in Paris

US ride-hailing group Uber said Wednesday that it would start deploying electric bikes and scooters for rent on Paris streets as soon as this week, joining a crowded market which city officials have vowed to rein in.

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