Business

Lufthansa issues profit warning, launches 'turnaround'

German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and launched a "turnaround" plan for its flagship carrier, which it warned might not break even.

Business

Is the shine coming off Japan's bullet trains?

Just 10 days before the 1964 Tokyo Olympic Games, Japan opened its Tōkaidō Shinkansen, a high-speed rail line connecting Tokyo with Osaka. Shinkansen bullet trains showcased the high quality of Japanese railway technology ...

Automotive

Ford estimates US strike impact at $1.3 bn

Ford on Thursday said the need to retore manufacturing operations outweighed the additional costs to sweeten a labor contract to end a strike that has cost it some $1.3 billion.

Energy & Green Tech

Solar cells as part of the house façades of the future

Solar panels with different colors can be integrated in the façades of buildings and become an aesthetically exciting part of the architecture. The Technical University of Denmark (DTU) is collaborating with façade contractor ...

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