Digital euro could happen 'within five years': Lagarde
A digital euro should be a reality within five years, European Central Bank president Christine Lagarde said Wednesday.
Jan 13, 2021
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8
Business
News tagged with euro
Business
France fines Google, Amazon 135 mn euros
France's CNIL data privacy watchdog slapped 135 million euros in fines on US tech titans Google and Amazon for placing advertising cookies on users' computers without consent.
Dec 10, 2020
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Machine learning & AI
Spain to invest 600 mn euros in artificial intelligence
Spain is to invest 600 million euros (725 million dollars) in developing artificial intelligence over the next two years as part of plans to transform its national economy, the premier said Wednesday.
Dec 02, 2020
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68
Business
Lufthansa braces for 'challenging' winter on 2 bn euro loss
German flag carrier Lufthansa on Thursday posted a third quarter net loss of 2.0 billion euros as it prepares for a "hard and challenging" winter amid lockdowns to curb the coronavirus pandemic.
Nov 05, 2020
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Business
Nokia doubles profit, pledges 'to win' at 5G
Finnish telecoms equipment maker Nokia more than doubled its profits in the third quarter as its new chief executive promised on Thursday to do "whatever it takes" to become the 5G market leader.
Oct 29, 2020
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Automotive
Fiat Chrysler returns to profit
Italian-American auto giant Fiat Chrysler said Wednesday it returned to profit in the third quarter, doing better than expected as the market recovered from a massive downturn sparked by the coronavirus pandemic.
Oct 28, 2020
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3
Business
Lufthansa says 30,000 jobs at risk over pandemic
Germany's Lufthansa has warned that 30,000 jobs are under threat as it scaled down its winter schedule to levels not seen since the 1970s as demand for travel collapses because of the coronavirus pandemic.
Oct 26, 2020
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Business
German software giant SAP trims outlook on virus woes
German software giant SAP on Sunday downgraded its outlook for 2020, saying a resurgence in coronavirus cases would weigh on demand from "hard hit" customers.
Oct 26, 2020
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5
Business
Daimler lifts outlook on higher third-quarter profits
German auto giant Daimler, maker of Mercedes-Benz, said Friday that it was upgrading its earnings forecast for the whole of 2020 after group profits rose in the third quarter.
Oct 23, 2020
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4
Business
Lufthansa loses 1.26 billion euros in third quarter
German airline Lufthansa on Tuesday reported a loss of 1.26 billion euros ($1.49 billion) in the third quarter of 2020 as it struggles to bounce back from crippling coronavirus lockdowns.
Oct 20, 2020
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