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.
Shares in German airline giant Lufthansa plunged more than 12 percent on Monday after the group posted a profit warning.
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Jun 17, 2019
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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.
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Jun 14, 2019
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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.
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May 14, 2019
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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.
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May 9, 2019
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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.
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May 8, 2019
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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.
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Apr 30, 2019
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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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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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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.
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Apr 16, 2019
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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.
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Apr 2, 2019
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