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.

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 ...

Profitable Daimler expects heavy spending on new tech

German automaker Daimler made lots of money last year. That's a good thing, because the company says it will need to spend heavily this year to keep up with the technological change expected to disrupt the car industry.

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