Business
The founder and chief executive of scandal-hit Wirecard resigned on Friday after the German payments provider was hit with fresh fraud allegations that have left it struggling for survival.
Jun 19, 2020
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5
Business
Air France-KLM will slash 40 percent of its French domestic flights by next year in exchange for receiving seven billion euros ($7.7 billion) in emergency coronavirus funding backed by the French state, the company's chief ...
May 27, 2020
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Business
President Emmanuel Macron on Tuesday announced an 8-billion euro ($8.8 billion) plan to revive France's auto industry by making it the European leader in electric cars, in a boost for a sector brought to its knees by the ...
May 26, 2020
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Business
Irish no-frills airline Ryanair said Monday that net profits climbed to 1.0 billion euros ($1.07 billion) in its 2019/2020 financial year, which ended just after coronavirus grounded planes worldwide.
May 18, 2020
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Automotive
Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter ...
May 5, 2020
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Automotive
Herbert Gilbert is just one of tens of thousands of drivers who have sued Volkswagen for cheating emissions tests, but he will make legal history Tuesday when his "dieselgate" case becomes the first to reach Germany's top ...
May 5, 2020
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Scandinavian airline SAS said Tuesday it had secured a government-backed credit line to help it navigate the impact of the new coronavirus.
May 5, 2020
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Business
The European Commission on Monday gave the green light to 7.0 billion euros ($7.7 billion) in French state aid to national carrier Air France to cushion the economic fallout from the coronavirus pandemic.
May 4, 2020
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Business
Music streaming service Spotify said Wednesday it had bounced back into profit during the first quarter, posting growing subscriber numbers as much of the world is in lockdown over the new coronavirus.
Apr 29, 2020
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Business
European aviation giant Airbus plunged into the red in the first quarter as the coronavirus pandemic sparked "the gravest crisis the aerospace industry has ever known", it said Wednesday.
Apr 29, 2020
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