Lufthansa and German government agree $9.8 billion rescue package
The German government and Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro...
German sentiment survey boosts stocks, Europe focuses on recovery fund
Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered...
Lufthansa says Germany approves stabilization package
Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany’s flagship carrier said on Monday....
Nissan says preparing to gradually restart Mexico operations
The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with...
French carmaker Renault could close plants and cut jobs: union
French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs,...
Air Canada, Transat deal faces intense EU antitrust scrutiny
Air Canada’s bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU...
German survey fuels stock gains, euro investors eye EU summit
Stocks gained modestly on Monday after a survey showed German business morale rebounded in May, while investors kept a close eye on escalating U.S.-China tensions...
Lufthansa, German government agree on $9.8 billion rescue package: sources
The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal...
Investing in Spanish Nissan factory cheaper than closing it: Spanish official
Nissan Motor would find it cheaper to invest in its Barcelona factory than to close it, a senior Spanish industry ministry official said on Monday,...
Nissan has not confirmed if plans to close Spanish plant: industry secretary
Nissan Motor has not confirmed whether it plans to close its plant in Barcelona, a senior Spanish industry ministry official said on Monday....