Business - Page 8

Vanuatu’s national carrier has canceled all flights and filed for bankruptcy protection, stranding a large number of tourists. Liquidators say it might be sold to a private operator. Air Vanuatu, the national

A good demand for German products in the US and China has resulted in a surprisingly high export rate in March. But economic growth in the first quarter remained miniscule. German exports

The planemaker informed the aviation safety regulator last month that required tests on its 787 aircraft model were not performed. The Federal Aviation Administration (FAA) said Monday it had opened an investigation into Boeing after the American

Lufthansa is looking to cut costs, including in management, after repeated strikes weighed heavily on Q1 figures. But with the disputes settled and a busy summer anticipated, the CEO touted an imminent

The German economy has shown a marginal upturn in the first part of the year. The latest figures give some hope that Germany may be escaping the economic doldrums. Europe’s largest economy

Consumer confidence rose for the third month in a row in Europe’s largest economy, according to a market research survey. Germany is seeing mild economic improvement after grappling with slow growth and

German industrial production is expected to fall further behind this year, after a dip in 2023. The usually strong manufacturing sector had already taken a hit because of higher energy prices. Industrial

Global markets are poised for a third consecutive weekly decline as tensions rise in the Middle East. Investors are flocking to safe-haven assets, especially gold and silver, amplifying their surge as a

Netflix reported 9.3 million new subscribers this year and now claims a total audience of over half a billion. The company has tried to maximize revenues by cutting down on account sharing

The International Monetary Fund has revised its growth outlook for the eurozone’s biggest economy by 0.3 percentage points. The German economy is predicted to be the slowest-growing of all G7 states this