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Latest Deutsche Börse XETRA news
In its latest announcement on Saturday, Lufthansa (ETR: LHA) said that its supervisory board has approved the European Commissions’ demands after minor adjustments in exchange for the green light for £8.10 billion government bailout. Lufthansa closed the regular session on Friday at £8.22 per share that marks an about 40% year to date decline in the stock market. Learn more about how to choose winning stocks. The air carrier’s supervisory board h...
Lufthansa’s (ETR: LHA) £8.1 billion government package met with turbulence on Wednesday as the airline’s supervisory board called the associated EU’s conditions unacceptable. Earlier in the day, Ryanair CEO had also vowed to appeal against the bailout package that he saw as a threat to fair competition. Shares of the company are currently about 3% down on Thursday. At £8.35 per share, Lufthansa is roughly 45% down year to date in the stock market...
Volkswagen (ETR: VOW) is in the final phase of negotiation to close its investment deals with electric vehicle (EV) companies in China. The investments dubbed its largest are aimed at expanding VW’s footprint in the world’s largest EV market. The Chinese government eased its rules and regulations for ownership in 2018. Volkswagen posted a more than 2% intraday gain on Wednesday. At £114.56 per share, VW is over 20% down year to date in the stock...
Germany’s flagship air carrier, Lufthansa (ETR: LHA) recently struck an £8.05 billion bailout package with the government. The transaction is likely to complete in June. On Tuesday, however, Ryanair (LON: RYA) condemned the aid package calling it a threat to fair competition. Shares of the company are currently less than 2% up on Wednesday. At £10.85 per share, Ryanair is roughly 20% down year to date in the stock market. Learn more about...
Sources informed on Monday that management of the Europe’s 2nd largest air carrier, Lufthansa (ETR: LHA), and the German government have agreed on an £8.06 billion bailout. The preliminary deal, sources added, is targeted at helping the airline cushion the economic blow from the Coronavirus pandemic that has brought the global air travel to a near halt. Lufthansa said last week that hundreds of its aeroplanes will remain grounded until 2022...
In a statement on Monday, Bayer (ETR: BAYN) announced its settlement talks to have progressed as it made verbal agreements to settle about 50K to 85K cancer lawsuits in the United States. The German company’s Roundup weedkiller (glyphosate-based) was previously indicated for causing cancer. The multinational life sciences company is committed to closing the legal dispute that originated in 2018 following its £52 billion acquisition of Monsanto....