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Lufthansa hits record revenue as Iran war fuel costs eat into profits

Lufthansa reported record revenue in its recent financial results amid the ongoing impact of the Iran war on fuel costs. The airline's profits faced…

Commerzbank axes 3,000 jobs as it battles UniCredit takeover bid

Commerzbank is eliminating 3,000 jobs in response to a takeover bid from UniCredit. This move is part of the bank's strategy to remain competitive…

Germany's Lufthansa to shut CityLine unit amid fuel costs and strikes

Germany's Lufthansa announced the closure of its CityLine unit in response to rising fuel costs and ongoing labor strikes. The decision reflects the airline's…

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