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  • News & article

    Asian shares advance as oil prices retreat

    Business, Nuntawun Polkuamdee, Published on 06/08/2022

    » RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

  • News & article

    Italy tests lockdown; global cases near 110,000: Virus update

    Published on 09/03/2020

    » Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.

  • News & article

    Flight test

    Asia focus, Erich Parpart, Published on 22/07/2019

    » Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.

  • News & article

    Lufthansa braces for next strike

    Published on 03/12/2014

    » BERLIN — Lufthansa's board meets on Wednesday to approve expansion of its budget flights against the backdrop of deteriorating relations with pilots who are now planning their tenth strike this year.

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