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Germany s Aixtron posts solid Q2 results, raises FY outlook

German chip systems manufacturer Aixtron raised its full year 2023 outlook, driven by solid second-quarter results and the highest quarterly order intake in over a decade. The company.

Kuehne+Nagel s Q2 operating profit halves as challenging environment persists

Swiss logistics group Kuehne+Nagel on Tuesday reported a 51% drop in second-quarter operating profit, as industry conditions deteriorated due to a challenging economic environment. .

Evonik cuts full-year outlook on weak demand

(Reuters) -German chemicals group Evonik Industries on Monday reported preliminary results for the second quarter and cut its full-year outlook, citing lack of economic recovery to date.

Germany in intensive talks with Intel on chip plant

Germany is in intensive talks with Intel on plans to set up a new chip-making complex on its soil, the economy ministry said on Friday, without commenting on how much state funding the company was set to receive for the project. She did not say how much the company would receive in state subsidies for the site in the central German city of Magdeburg. On Thursday, the Handelsblatt business daily reported that the U.S. company is expected to receive 9.9 billion euros ($10.84 billion) in subsidies, up from a previously promised sum of 6.8 billion euros.

Lufthansa offers 18 5% wage increase to pilots - Handelsblatt

Lufthansa has submitted a new offer to the pilots of the core brand Lufthansa Airlines and the cargo subsidiary Lufthansa Cargo in an ongoing wage dispute, Handelsblatt reported on Friday.. | June 16, 2023

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