CEO of scandal-hit Wirecard resigns
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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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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Coronavirus-hit Lufthansa inched closer to securing a nine-billion-euro bailout from the German government after the airline's supervisory board approved the rescue plan on Monday.
Jun 1, 2020
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Coronavirus-stricken airline group Lufthansa wavered Wednesday on grabbing a nine-billion-euro ($9.9 billion) German state lifeline, throwing up new turbulence for a rescue that could decide the fate of the historic company.
May 27, 2020
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Berlin will climb aboard airline giant Lufthansa as its largest shareholder in a nine-billion-euro ($9.8 billion) rescue if investors and competition authorities agree, as the coronavirus-stricken carrier faces an arduous ...
May 25, 2020
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Lufthansa on Thursday confirmed it was in talks with the German government over a nine-billion-euro ($10 billion) rescue that will see Berlin take a massive stake in the coronavirus-stricken airline.
May 21, 2020
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German ministers on Wednesday agreed final details of a rescue deal they will offer coronavirus-stricken airline giant Lufthansa, business daily Handelsblatt reported.
May 20, 2020
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