Lufthansa soars to record profits in 2017

German airline giant Lufthansa reported record profits for 2017 Thursday, celebrating a year that saw it bury a smouldering dispute with pilots and gobble up parts of defunct rival Air Berlin.

German utility EON to cut 5,000 jobs in RWE mega-deal

German utility EON on Monday said it plans to cut up to 5,000 jobs as part of its takeover of the renewables unit Innogy from rival RWE, in a deal that will redraw the country's energy landscape.

Digital publishing to boost Axel Springer again in 2018

German media giant Axel Springer, owner of the top-selling Bild newspaper, on Thursday said its thriving digital publishing business would again drive profits in 2018, after a strong performance last year.

Airbus profits soar despite new charge on A400M military plane

Airbus said Thursday that increased deliveries, windfall gains from divestments and favourable exchange rates enabled profits to take off last year, even though it booked a "substantial" new charge on its A400M military transporter ...

Porsche to double investment in electric cars

German high-end sports car maker Porsche said Monday it would double investments in electrifying its entire range by 2022, as parent company Volkswagen reacts to environmental scandals and new challenges from abroad.

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