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.
Business
Apr 30, 2019
0
5
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.
Business
Apr 30, 2019
0
5
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.
Business
Apr 25, 2019
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6
Shares in Lufthansa tumbled as markets opened Tuesday before rebounding, after Europe's largest airline group blamed a steep first-quarter operating loss on rising fuel prices.
Business
Apr 16, 2019
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8
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.
Energy & Green Tech
Apr 10, 2019
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27
Austria on Wednesday proposed taxing internet giants such as Google and Facebook five percent of their digital advertising revenue, a higher rate than France and other EU countries are seeking.
Internet
Apr 3, 2019
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6
The chief executive of European aerospace giant Airbus stands to receive a 37 million euro ($41 million) severance package when he steps down next week, according to calculations by an investor advisory firm released Tuesday.
Business
Apr 2, 2019
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7
A star racing pigeon named Armando has fetched a record 1.25 million euros in an online auction, Belgian media reported Sunday.
Other
Mar 18, 2019
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10
The EU's anti-trust regulator is to slap tech giant Google with a new fine over unfair competition practices, sources told AFP on Friday.
Business
Mar 15, 2019
1
13
Profits at German high-end carmaker BMW tumbled in 2018, the firm said Friday, with trade headwinds and tough new EU emissions tests' drag on performance set to last into this year.
Automotive
Mar 15, 2019
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9
