Lufthansa Flight Attendants to Strike on Tuesday and Wednesday usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Lufthansa's cabin crew union has called on its members to strike at Lufthansa and short-haul carrier CityLine on Tuesday and Wednesday to press their demands for higher pay. The UFO union of flight attendants said on Saturday that the strike, which was voted for by members, would affect departures from Frankfurt airport on Tuesday and departures from Munich on Wednesday. Lufthansa said about 100,000 passengers would likely be affected.
Bayer may have
to ask shareholders for fresh capital to shore up its finances
even after the debt-laden German drugmaker slashed dividends
last week in its latest effort to get wiggle room,.
Bayer may have to ask shareholders for fresh capital to shore up its finances even after the debt-laden German drugmaker slashed dividends last week in its latest effort to get wiggle room, analysts said. But new CEO Bill Anderson may struggle to win over investors, who have seen the company's value sink by two thirds since its $63 billion acquisition of Monsanto in 2018, which saddled it with costly litigation and debt. The debate over a possible share issue comes as Anderson, who was hired last June to revive the company's fortunes, prepares to deliver a strategic investor update in London on Tuesday.
Germany s Bayer has proposed that Jeffrey Ubben, one of Wall Street s most prominent activist investors, be appointed as a non-executive director, it said on Thursday, as it announced a leadership.