Straits Times Index
3,290.70 +24.75 (+0.76%) Nikkei
38,229.11 +155.13 (+0.41%) Hang Seng
18,963.68 +425.87 (+2.30%) FTSE 100
8,433.76 +52.41 (+0.63%) Bitcoin USD
61,460.53 +265.09 (+0.43%) CMC Crypto 200
1,268.66 -89.35 (-6.58%)
Deutsche Lufthansa AG (DLAKF)
- Reuters
Lufthansa boss vents frustration about Boeing problems
Aircraft delivery delays from Boeing are "extremely annoying" and cost Lufthansa lots of money, but the U.S. planemaker should be able to resolve its problems, the German airline's CEO said in a newspaper interview. Lufthansa CEO Carsten Spohr was direct when asked by Switzerland's Neue Zuercher Zeitung how badly recent setbacks at Boeing and subsequent delivery hold-ups were affecting his firm. "This is extremely annoying and costs us a great deal of money," Spohr said in the interview published at the weekend.
- Reuters SG
Deals of the day-Mergers and acquisitions
** Brazilian pulp and paper company Suzano has approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter. ** Luxembourg-based investment firm L-GAM is exploring options to divest its stake in premium outerwear maker Woolrich International, two sources close to the matter told Reuters. ** A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13 straight quarters of losses, CNBC reported.
- The Telegraph
The airline giant stepping up the race for global dominance
After a rocky few years, British Airways parent IAG is once again plotting its bid for global expansion.
