May 25, 2020

Talks on Lufthansa aid not concluded yet: ministry

Negotiations on a government bailout for coronavirus-stricken airline Lufthansa are in their last phase but have not been concluded yet, a spokeswoman of the German economy […]
May 25, 2020

Merkel won’t allow EU to deprive Lufthansa of key slots: Handelsblatt

Chancellor Angela Merkel told senior members of her party that the German government would not allow the European Commission to deprive Lufthansa of valuable take-off and […]
May 25, 2020

New emissions blow for VW as German court backs damages claims

Volkswagen must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker […]
May 25, 2020

Investing in Spanish Nissan factory cheaper than closing it: Spanish official

Nissan Motor would find it cheaper to invest in its Barcelona factory than to close it, a senior Spanish industry ministry official said on Monday, pegging […]
May 25, 2020

Lufthansa, German government agree on rescue package: source

The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an agreement on state […]
May 25, 2020

Japan lifts Tokyo’s state of emergency, eyes fresh stimulus

Japanese Prime Minister Shinzo Abe said on Monday that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day […]
May 25, 2020

Stocks gain as German survey fuels optimism; dollar firm

Stocks edged higher on Monday after a survey showed German business morale rebounded in May, boosting optimism around economic re-openings, although caution prompted the dollar to […]
May 25, 2020

Japan to end Tokyo’s state of emergency, eyes fresh $930 billion stimulus

Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus […]
May 25, 2020

Hong Kong shares ease on China-U.S. rift, dollar firms

Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China’s move to impose a new security law on […]
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