Singapore markets closed
  • Straits Times Index

    2,996.93
    +23.06 (+0.78%)
     
  • S&P 500

    3,870.29
    -31.53 (-0.81%)
     
  • Dow

    31,391.52
    -143.99 (-0.46%)
     
  • Nasdaq

    13,358.79
    0.00 (0.00%)
     
  • BTC-USD

    51,057.99
    +2,266.37 (+4.64%)
     
  • CMC Crypto 200

    1,021.78
    +33.69 (+3.41%)
     
  • FTSE 100

    6,697.52
    +83.77 (+1.27%)
     
  • Gold

    1,723.80
    -9.80 (-0.57%)
     
  • Crude Oil

    59.87
    +0.12 (+0.20%)
     
  • 10-Yr Bond

    1.4150
    0.0000 (0.00%)
     
  • Nikkei

    29,559.10
    +150.93 (+0.51%)
     
  • Hang Seng

    29,880.42
    +784.56 (+2.70%)
     
  • FTSE Bursa Malaysia

    1,588.45
    +18.58 (+1.18%)
     
  • Jakarta Composite Index

    6,376.76
    +17.55 (+0.28%)
     
  • PSE Index

    6,942.76
    +23.22 (+0.34%)
     

Austria won't help Lufthansa for nothing, says Chancellor Kurz

·1-min read
The spread of the coronavirus disease (COVID-19) in Frankfurt

VIENNA (Reuters) - Austria will not help Lufthansa <LHAG.DE> and its Austrian Airlines operation without receiving something in exchange and is looking to secure jobs within its borders, Chancellor Sebastian Kurz said shortly before a meeting with the German group's chief executive.

"We have very clear interests in Austria - that is Austria as a place to do business and jobs in Austria. We will begin talks on that, but we will certainly not provide measures to support a German company without getting an advantage out of it as a republic," Kurz told a news conference.

(Reporting by Francois Murphy; Editing by David Goodman)