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
0
9
Automotive
Citroen became on Thursday the fourth automaker to reveal this week that it has been charged in France in connection with the "dieselgate" emissions cheating scandal.
Jun 10, 2021
0
3
Automotive
German authorities will "likely" discover software rigging the level of diesel emissions in Mercedes-Benz cars other than those already sanctioned, the Daimler group warned on Friday.
Feb 21, 2020
1
3
Business
Airline giant IAG, the owner of British Airways and Spanish carrier Iberia, on Friday logged a 3.8-billion-euro ($4.5 billion) first-half net loss—and launched a capital-raising to help it navigate the demand-destroying ...
Jul 31, 2020
0
14
Business
The EU hit Google on Wednesday with the biggest fine ever against a company for abuse of a dominant market position—surpassing a previous record also held by Google.
Jul 18, 2018
0
1
Business
Bill McDermott, the American chief executive of massive German business software maker SAP, will quit after a decade in charge, the company said in a surprise statement Friday.
Oct 11, 2019
0
6
Business
Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue.
Jul 31, 2020
0
5
Business
German airline giant Lufthansa said Thursday that demand for air travel will return to pre-crisis levels only in 2024 or even later as it announced forced layoffs on the back of a significant loss.
Aug 6, 2020
0
4
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
0
5
Business
German carmaker Volkswagen on Thursday reported a pre-tax loss of 1.4 billion euros ($1.6 billion) for the first half of 2020 after the coronavirus pandemic sent sales plummeting.
Jul 30, 2020
0
5
