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Belgium tells Lufthansa state aid possible if conditions met

The Belgian government said on Friday it was committed to reaching a deal with Lufthansa to save its Belgian subsidiary Brussels Airlines if the future of the national carrier was guaranteed......»»

Category: topSource: reutersMay 15th, 2020

Lufthansa CEO says it"s seeking state aid in Germany, other countries

Lufthansa will seek state aid in Germany, Switzerland, Belgium and Austria as the coronavirus crisis that forced it to ground almost all of its planes will persist longer than feared, the German airline's chief executive said......»»

Category: topSource: reutersApr 8th, 2020

Trump Organization now subject to criminal investigation in New York, state attorney general"s office tells CNN

"We are now actively investigating the Trump Organization in a criminal capacity," a spokesperson for the New York Attorney General's office said. Former President Donald Trump has shifted money from campaign donors int.....»»

Category: personnelSource: nytMay 18th, 2021

Ballparks, theme parks get green light to welcome fans — with conditions

Play ball — with fans! That was the word late Friday from the California Department of Public Health, which announced that stadiums and live outdoor performance venues can reopen throughout the state — including in counties still in the.....»»

Category: topSource: bizjournalsMar 5th, 2021

Starting today, not all face masks will be allowed on Lufthansa flights

New regulations state that only passengers we.....»»

Category: personnelSource: nytFeb 2nd, 2021

EasyJet, Germanwings lose legal fight against EU"s Italian airport ruling

Easyjet and Lufthansa's Germanwings on Wednesday lost their challenge against an EU ruling ordering Italy to recover illegal state aid granted to airlines serving Sardinia......»»

Category: topSource: reutersMay 13th, 2020

Coronavirus deaths in the U.S. are likely higher than the official tally, Dr. Fauci tells Senate committee

Government health officials sought to assure critical Democratic lawmakers that COVID-29 testing capacity is on track to increase as questions persist about how reopening state economies will work without a vaccine or widespread treatment options......»»

Category: topSource: marketwatchMay 12th, 2020

Germany"s Altmaier opposes active state role at Lufthansa

Germany is working on a "concrete model" to aid Lufthansa, Economy Minister Peter Altmaier said on Sunday, amid a political row over whether the state should take a strategic shareholding and play an active role in the stricken airline......»»

Category: topSource: reutersMay 10th, 2020

The Wall Street Journal: U.S. and China trade negotiators agree to lay groundwork to implement trade deal

The top trade negotiators for the U.S. and China talked on the phone Friday, pledging to create favorable conditions for the phase one trade deal, China’s state-run Xinhua News Agency reported......»»

Category: topSource: marketwatchMay 8th, 2020

This airline is losing $1 million an hour

Lufthansa is locked in crunch talks with the German government on the terms of a rescue deal, as it fights to avoid bankruptcy while keeping state influence at bay......»»

Category: topSource: moneycentralMay 5th, 2020

Lufthansa to get financial support from Switzerland and Austria

Switzerland and Austria pledged to help Lufthansa with state-backed loans as the German airline pursues talks with Berlin over a 9 billion euro ($9.8 billion) rescue package......»»

Category: topSource: reutersApr 29th, 2020

Dispatches from a Pandemic: ‘Invisible and possibly forgotten’: Singapore’s second wave of coronavirus cases prompts soul searching on the conditions of foreign workers

Low-paid South Asian laborers in the city-state have been the worst affected by COVID-19 and have the most trouble accessing health care......»»

Category: topSource: marketwatchApr 29th, 2020

Lufthansa close to state rescue deal - sources

Lufthansa is close to sealing state support valued at close to $10bln, according to sources......»»

Category: videoSource: reutersApr 28th, 2020

Bavarian premier says Lufthansa CEO"s warning should be taken seriously

The premier of the German state of Bavaria on Tuesday said a warning issued by Lufthansa's CEO - that governments should not have too much influence on the airline - should be taken seriously......»»

Category: topSource: reutersApr 28th, 2020

German government to bail Lufthansa out of bankruptcy with nearly $10 billion state aid

Sate.....»»

Category: topSource: businessinsiderApr 28th, 2020

Any aid for Germany"s Lufthansa must have strings attached: senior SPD lawmaker

Any state support for Germany's largest airline, Lufthansa , must come with strings attached, a senior legislator for the Social Democrats said, suggesting that management should be banned from receiving dividends or bonuses......»»

Category: topSource: reutersApr 27th, 2020

Lufthansa should be supported but not nationalised: Bavarian premier

The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday......»»

Category: topSource: reutersApr 27th, 2020

Global Coronavirus Deaths Slow For 4th Straight Day: Live Updates

Global Coronavirus Deaths Slow For 4th Straight Day: Live Updates Summary: Maryland Gov tells ABC state could st.....»»

Category: blogSource: zerohedgeApr 26th, 2020

German government divided over form of Lufthansa rescue deal

Germany's ruling coalition is divided over whether the state should have a role in running airline Lufthansa in return for a rescue package the company aims to finalise next week, politicians said on Sunday......»»

Category: topSource: reutersApr 26th, 2020

How many people will get a $1,200 payment in each state

The states with higher recipiency rates for the full $1,200 per individual or $2,400 per couple amount are generally lower-income states. Many tend to be states where economic conditions were already poor before the coronavirus crisis......»»

Category: topSource: moneycentralApr 24th, 2020

Lufthansa aims to finalise 10 billion euro rescue package next week: sources

Lufthansa aims to finalise a state aid rescue package worth up to 10 billion euros ($10.8 billion) next week after the coronavirus crisis forced it to ground almost all of its planes, people close to the matter said......»»

Category: topSource: reutersApr 23rd, 2020