Business
German luxury carmaker BMW said Wednesday that it swung into its first loss since 2009 as the coronavirus pandemic ravaged car sales but said it still hopes turn an operating profit for the year.
Aug 5, 2020
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Business
Wireless and fixed-network equipment maker Nokia on Thursday reported lower than expected profits as it warned that the current economic situation was starting to impact spending by operators and other customers.
Apr 20, 2023
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5
Business
Air France-KLM said Friday that it narrowed its loss in the second quarter and saw the "first signs of recovery" in the aviation sector as countries ease coronavirus restrictions and vaccination campaigns continue apace.
Jul 30, 2021
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Business
German flag carrier Lufthansa said Thursday it lost a record 6.7 billion euros ($8.1 billion) in 2020, as the coronavirus pandemic wiped out demand for travel and left aircraft grounded.
Mar 4, 2021
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Automotive
German high-end carmaker BMW on Thursday reported slumping second quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained confident of hitting its financial targets.
Aug 1, 2019
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Business
Finnish telecom equipment maker Nokia Corp. has reported a rise in fourth-quarter earnings mainly due to cost savings and pledged to boost investments in next-generation 5G networks, of which it is one of the world's main ...
Feb 6, 2020
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Business
IAG, owner of British Airways and Spanish carrier Iberia, revealed Friday revenue slightly above pre-pandemic levels as it posted third-quarter profits on rebounding passenger demand.
Oct 28, 2022
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4
Business
Airbus on Thursday reported a net loss of 1.36 billion euros for 2019, weighed down by massive fines to settle bribery scandals and extra costs for the A400M military transport aircraft.
Feb 13, 2020
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3
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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4
Business
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 5, 2020
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