Lufthansa eyes Thomas Cook's Condor with buyout offer
European airline giant Lufthansa said Tuesday it had offered to buy carrier Condor from British parent company Thomas Cook, opening a new chapter in its fast-paced growth through buyouts.
European airline giant Lufthansa said Tuesday it had offered to buy carrier Condor from British parent company Thomas Cook, opening a new chapter in its fast-paced growth through buyouts.
Business
May 7, 2019
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German high-end carmaker BMW on Tuesday reported a plunge in profits in the first quarter as it booked a 1.4-billion-euro ($1.6 billion) charge related to an EU cartel probe.
Automotive
May 7, 2019
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Apple delivered stronger-than-expected results Tuesday for the past quarter as gains in services helped offset slumping iPhone sales, sparking a rally in shares of the technology giant.
Business
Apr 30, 2019
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General Electric reported better-than-expected quarterly profits on Tuesday, lifting hopes over its turnaround, even as it signaled a potential hit tied to the Boeing 737 MAX grounding for which it provides engines.
Business
Apr 30, 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.
Business
Apr 30, 2019
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Samsung Electronics, the world's biggest smartphone and memory chip maker, reported a slump in first-quarter net profits Tuesday, in the face of a weakening chip market and rising competition.
Business
Apr 30, 2019
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Google parent Alphabet on Monday reported that profit in the first three months of this year sagged under the weight of a hefty antitrust fine in the European Union.
Business
Apr 29, 2019
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Japan's Sony said Friday that robust games and entertainment divisions had pushed annual profits to a second consecutive record high but warned of a looming downturn in its bottom line.
Business
Apr 26, 2019
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Ford reported a drop in first-quarter profits Thursday due in part to restructuring costs, but the company's share price rallied following a strong performance in North America and improved results in Europe.
Automotive
Apr 25, 2019
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Nintendo said Thursday its full-year net profit jumped nearly 40 percent, lifted by strong sales of blockbuster game titles for its popular Switch console.
Business
Apr 25, 2019
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