European Stocks Open Higher as Lufthansa Cuts Jobs and Eyes Stronger Earnings
European shares rise on optimism after Lufthansa unveils 4,000 job cuts and targets robust cash flow amid inflation concerns.
European shares rise on optimism after Lufthansa unveils 4,000 job cuts and targets robust cash flow amid inflation concerns.
Vivian Spohr, wife of Lufthansa CEO Carsten Spohr, involved in fatal car accident in Sardinia. Our thoughts and prayers are with the victim's family and friends.
Lufthansa plans to cut about 4,000 administrative roles by 2030 and accelerate automation to boost efficiency and profitability.
Vivian Spohr, wife of Lufthansa CEO Carsten Spohr, expresses sorrow over fatal car accident in Italy that resulted in the death of a 24-year-old woman.