Lufthansa shares plunge after profit warning
Shares in German airline giant Lufthansa plunged more than 12 percent on Monday after the group posted a profit warning.
Business
Jun 17, 2019
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Page 8 - News tagged with euro
VW aims to raise up to 1.9bn euros by floating Traton
Volkswagen aims to raise between 1.6 billion and 1.9 billion euros ($2.1 billion) by listing between 10 and 11.5 percent of the capital for its truck division Traton on the stock market.
Business
Jun 14, 2019
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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.
Business
May 14, 2019
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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.
Business
May 9, 2019
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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.
Business
May 8, 2019
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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.
Business
Apr 30, 2019
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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.
Business
Apr 30, 2019
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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.
Business
Apr 25, 2019
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Lufthansa hits Q1 turbulence from rising fuel costs
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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Outgoing Airbus CEO poised for 37 mln euro payout: report
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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