Lufthansa and German government agree $9.8 billion rescue package
The German government and Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion)...
Read MoreAuthor: Reuters
Lufthansa says Germany approves stabilization package
Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany’s flagship carrier said on...
Read MoreNissan says preparing to gradually restart Mexico operations
The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with activities that are directly related to vehicle and autoparts...
Read MoreFrench carmaker Renault could close plants and cut jobs: union
French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs, a representative for far-left union CGT said on...
Read MoreAir Canada, Transat deal faces intense EU antitrust scrutiny
Air Canada’s bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU antitrust regulators said on Monday as they opened a full-scale investigation...
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