SAP warns China’s slowdown is hurting software sales
FRANKFURT (Reuters) - German business software maker SAP AG trimmed its sales outlook for this year, warning that a slowdown in China was prompting companies across Asia to put investments...
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Orders top $100 billion as Ryanair gives Boeing a boost
PARIS (Reuters) - Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget...
High returns and demand lure investors to funding planes
PARIS (Reuters) - The only way to make a small fortune in the airline industry is to start with a big fortune, so the joke goes. But in a low...
Doric unveils $8 billion Airbus A380 order
PARIS (Reuters) - Transport financier Doric Lease Corp said it would buy 20 Airbus A380 aircraft in a deal worth $8 billion at list prices and could snap up more,...
German companies sip from pool of Spain’s young jobless
FRANKFURT (Reuters) - German companies including BMW and BASF are recruiting small numbers of unemployed young Spaniards against a backdrop of chronic youth unemployment in southern Europe and a growing...
Siemens curbs outlook on weak industry demand
FRANKFURT (Reuters) - German industrial bellwether Siemens AG lowered its profit outlook for this year due to weak demand from industry and delays in delivering high speed trains and connecting...
Space junk needs to be removed from Earth’s orbit: ESA
FRANKFURT (Reuters) - Space junk such as debris from rockets must be removed from the Earth's orbit to avoid crashes that could cost satellite operators millions of euros and knock...
Strike prompts Lufthansa to cancel 500-plus flights
FRANKFURT (Reuters) - Deutsche Lufthansa has canceled more than 500 flights after German union Verdi called on 33,000 workers at the company to go on strike on Thursday over a...
Thyssen chairman admits to mistakes but won’t quit
BOCHUM, Germany (Reuters) - ThyssenKrupp AG Chairman Gerhard Cromme admitted on Friday to making mistakes that contributed to massive losses at the German steelmaker, but didn't bow to pressure from...
ThyssenKrupp chairman admits to mistakes but won’t quit
BOCHUM, Germany (Reuters) - ThyssenKrupp AG Chairman Gerhard Cromme admitted on Friday to making mistakes that contributed to massive losses at the German steelmaker, but didn't bow to pressure from...