Lufthansa reports first-quarter loss

Lufthansa reports first-quarter loss

Germany's leading airline Lufthansa posted Thursday a first-quarter net loss of €256 million ($290 million) as the sector was slammed by the ongoing recession.

ThyssenKrupp cutting more jobs than expected

ThyssenKrupp cutting more jobs than expected

Merkel: economy might be past low point

Merkel: economy might be past low point