BERLIN/FRANKFURT (Reuters) – Lufthansa’s (LHAG.DE) management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9...
Facing its deepest recession since World War II and with business confidence collapsing, the coronavirus pandemic is hitting Italy’s economy hard. Business confidence in the eurozone’s...
LONDON (Reuters) – Impulse purchases – gum, mints and snack bars tossed into a shopping basket as one snakes through the supermarket checkout line – are...
The board, which had been expected to sign off on the aid, instead refused EU requirements that Lufthansa permanently give up take-off and landing slots at...
LONDON (Reuters) – People eager to hit the shops again when English high street retailers, department stores and shopping centres reopen will face queuing and few...
FRANKFURT/BERLIN (Reuters) – Germany threw Lufthansa (LHAG.DE) a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the...
Singapore’s embattled economy could shrink by as much as seven percent this year, which would be the worst reading since independence, with the government saying Tuesday...
More than MVR 200.8 million ($13.36 million) have been disbursed under an emergency loan scheme for businesses in Maldives that have been affected by the coronavirus...
Rating agency Moody’s downgraded Maldives credit rating to B3 from B2 on Friday, citing a collapse in the island nation’s tourism receipts due to the global...
China’s communist rulers avoided setting an annual growth target for the first time in decades Friday, as they struggle to deal with the “immense” economic challenges...