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August 7, 2020
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Industrials (TRBC)

Reuters - Business

Lufthansa warns its $10 billion bailout deal is in jeopardy

FRANKFURT (Reuters) – German airline Lufthansa (LHAG.DE) warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient support at a shareholder vote on June 25. FILE PHOTO: Lufthansa ticket agents help travelers at the Denver International Airport outside......
Reuters - Business

Asian business sentiment plunges to record low on virus effect: Thomson Reuters/INSEAD survey

SINGAPORE (Reuters) – Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms polled flagging a worsening COVID-19 pandemic as the biggest risk over the next six months. FILE PHOTO: A worker wearing a protective......

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