Automotive
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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Business
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 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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Business
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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Business
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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Business
The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
Oct 11, 2020
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Business
German industrial giant Siemens on Monday spun off its energy division, with a below-expectations valuation of 16 billion euros, in one of the largest stock market debuts in Europe this year.
Sep 28, 2020
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Business
Bailouts provided to Air France-KLM by the French and Dutch governments will keep the airline flying less than a year, its CEO Benjamin Smith said Monday and evoked the possibility of injecting new capital.
Sep 21, 2020
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Business
The survival of the Air France-KLM group is not guaranteed if the economic crisis caused by the coronavirus pandemic continues, Dutch Finance Minister Wopke Hoekstra warned Sunday.
Sep 13, 2020
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Automotive
Daimler has approved settlements worth $2.2 billion over emissions cheating software in its diesel vehicles in the US, the German carmaker said Thursday.
Aug 13, 2020
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