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Strikes hit Lufthansa profits, Olympics dent Air France
Strikes hit Lufthansa profits, Olympics dent Air France
Business and Economy
by  AFP

German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delays in aircraft deliveries, but vowed a turnaround plan will boost earnings this year. It also pointed to problems caused by "significantly higher costs, especially in Germany" as well as "further delays in aircraft deliveries".

Lufthansa 2024 profits dive amid strikes, rising costs
Lufthansa 2024 profits dive amid strikes, rising costs
Business and Economy
by  AFP

German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delayed aircraft deliveries, as a post-pandemic rebound petered out. It also pointed to problems caused by "significantly higher costs, especially in Germany" as well as "further delays in aircraft deliveries".

Asian markets rise on Trump auto tariff reprieve
Asian markets rise on Trump auto tariff reprieve
Business and Economy
by  AFP

Asian markets climbed on Thursday after US President Donald Trump announced a one-month tariff delay on auto imports from Mexico and Canada. Wednesday's tariff delay buoyed global markets and lifted the auto sector, with stocks in Hong Kong, Tokyo and Seoul also climbing Thursday morning.