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Home » LUFTHANSA

Business

Lufthansa reports smaller than expected net loss in fourth-quarter

March 4, 2021

FILE PHOTO: Planes of German air carrier Lufthansa are seen at the airport in Frankfurt, Germany, February 12, 2019. REUTERS/Kai PfaffenbachBERLIN (Reuters) – Deutsche Lufthansa…

Business

Lufthansa warns of higher cash drain, restructuring costs in fourth quarter

November 5, 2020

BERLIN (Reuters) – Lufthansa LHAG.DE warned on Thursday it will burn through more cash in the fourth quarter than in the third and that further…

World News

Lufthansa steps up cuts to fleet and staff as outlook dims

September 21, 2020

BERLIN (Reuters) – Lufthansa announced further cuts to its fleet and workforce on Monday along with a 1.1 billion euro ($1.3 billion) impairment on idled…

Business

Lufthansa plans compulsory lay-offs as forecasts travel slump to 2024

August 6, 2020

BERLIN (Reuters) – Lufthansa (LHAG.DE) put German workers on notice of compulsory lay-offs on Thursday, saying tumbling air travel and slow progress in union negotiations…

Business News
Business

China Tourism seeks $2.16 billion in Hong Kong's biggest listing so far in 2022 – term sheet

August 12, 2022

HONG KONG (Reuters) -China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according…

Business

U.S. wholesale inventories gain revised lower in June

August 10, 2022

FILE PHOTO: A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew…

Business

Japan's wholesale inflation moderates on easing global commodity pressure

August 10, 2022

TOKYO (Reuters) -Japanese wholesale prices rose 8.6% in July from a year earlier, data showed on Wednesday, slowing from the previous month’s pace in a…

Business

Meta raises $10 billion in first-ever bond offering

August 9, 2022

FILE PHOTO: The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. (Reuters) – Facebook-parent Meta Platforms Inc said on Tuesday it…

Business

Edens closes land deal in Denvers RiNo neighborhood; sets stage for residential redevelopment

August 7, 2022

Edens, the major RiNo landlord, has closed on its purchase of nearly a full city block in the neighborhood. The firm, which specializes in retail…

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