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Lufthansa in emergency landing after mid-air scuffleA Lufthansa flight, on its way from Bahrain to Frankfurt via Doha, made an emergency landing at Budapest Airport yesterday after a fight broke out between some passengers, said a report. Witnesses said the fight broke out two hour More… |
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Miniature Mercedes plans 'are a risk for Daimler'Daimler could follow its high-end German competitors into the market for premium subcompact cars, but it will have to keep its costs down and volumes up to make money off any future miniature Mercedes. The Stuttgart-based maker of More… |
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RJ plans cargo operations to FrankfurtRoyal Jordanian, the kingdom's national carrier, has announced plans to launch its direct cargo flights to Frankfurt from its hub in Amman starting from Sunday (April 7). Initially, the airline will run one flight weekly. At t More… |
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RJ plans cargo operations to FrankfurtRoyal Jordanian, the kingdom's national carrier, has announced plans to launch its direct cargo flights to Frankfurt from its hub in Amman starting from Sunday (April 7). Initially, the airline will run one flight weekly. At t More… |
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Euro zone lending falls for 8th monthLoans to companies and households in the euro zone contracted for the eighth month running in December, showing low official borrowing costs are having little success in reviving investment and spending. The European Central Bank More… |
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ECB mulls key rate cuts next yearA European Central Bank (ECB) policymaker said the bank had had a "very serious" debate about cutting interest rates this week and that a cut was possible next year if the euro zone economy does not pick up. The German a More… |
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Etihad seeks to buy Air Berlin loyalty programmeGulf carrier Etihad Airways intends to take control of Air Berlin's frequent flyer loyalty programme TopBonus, according to a filing placed with competition regulator the Austrian Cartel Authority on Wednesday. More… |
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Investcorp mandates Barclays for Armacell saleBahrain-backed private equity group Investcorp has mandated Barclays to organise the sale of Armacell, a maker of insulation materials, aiming to capitalise on growing investor interest in energy-efficient products. "We hope More… |
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Etihad urges Air Berlin-Air France tie-upAbu Dhabi-based Etihad Airways is urging German peer Air Berlin, in which it holds some 30 per cent, to offer joint flights with Air France, German paper Sueddeutsche Zeitung reported, citing Etihad's chief executive. Air Berl More… |
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StanChart launches Euro Nostro accountStandard Chartered launched the industry's first Islamic Euro Nostro account, enabling Islamic banks across the world to earn Sharia-compliant profits on their account balances at the bank's branch in Frankfurt. A Nostro a More… |
