Telefonica sales hit by end of roaming charges

Spanish telecoms giant Telefonica saw its sales plunge in the first quarter due to the end of roaming charges in Europe, but still posted a 7.4 percent rise in net profit.

Lufthansa cuts Q1 losses as it digests Air Berlin

German airline giant Lufthansa said Thursday it had pared back losses in the first quarter, but confirmed it expects a slightly leaner result over the full year than in 2017.

Linde confident for Praxair merger after strong Q1

German industrial gases group Linde confirmed its objectives for 2018 Wednesday after a strong first quarter, as it eyes a jumbo tie-up with US rival Praxair in the second half.

SAP more ambitious after soaring Q1 profits

German business software maker SAP lifted its full-year forecasts Tuesday, as it hailed a lift-off in profits in the first quarter and saw new opportunities after buying a US software firm.

AkzoNobel to sell chemicals arm for 10.1 bn euros

Leading global paintmaker AkzoNobel announced Tuesday it was selling its chemicals arm to US-based investors Carlyle Group and Singapore's GIC for 10.1 billion euros ($12.6 billion), seeking to restore investor confidence ...

Porsche workers snap up bonuses of nearly 10,000 euros

German luxury carmaker Porsche on Wednesday said it would pay workers a special bonus of up to 9,656 euros ($11,800) each to celebrate a record year, even as the industry grapples with a series of scandals.

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