Tag: Rationalization and redevelopment
Lufthansa is not yet feeling the effects of a recession
Frankfurt Despite the many crises and an impending recession, Lufthansa remains confident. “The desire to travel and thus the demand for flight tickets continues unabated,” CEO Carsten Spohr was quoted…
The last Fiesta will be built in Cologne in July 2023
Production of the Ford Fiesta in Cologne June 2023 is the end of the small car model. (Photo: imago images/photothek) Cologne The end of the combustion engine age is coming…
What does Klaus-Michael Kühne intend to do with the airline?
Frankfurt Germany’s largest airline, Lufthansa, is faced with a mystery. The decisive question is raised by a major shareholder of all people: What does logistics entrepreneur Klaus-Michael Kühne intend to…
What does Klaus-Michael Kühne intend to do with the airline?
Frankfurt Germany’s largest airline, Lufthansa, is faced with a mystery. The decisive question is raised by a major shareholder of all people: What does logistics entrepreneur Klaus-Michael Kühne intend to…
Commentary on the Credit Suisse Crisis: A Question of Culture
The Credit Suisse logo The major Swiss bank will not only present quarterly figures on Thursday, but also a restructuring plan. (Photo: dpa) The major Swiss bank Credit Suisse only…
What does Klaus-Michael Kühne intend to do with the airline?
Frankfurt Germany’s largest airline, Lufthansa, is faced with a mystery. The decisive question is raised by a major shareholder of all people: What does logistics entrepreneur Klaus-Michael Kühne intend to…
Galeria wants more than 200 million euros in new state aid
Galeria branch in Bonn The department store chain has again applied for state aid. (Photo: imago images/Marc John) Berlin, Frankfurt, Dusseldorf The ailing department store chain Galeria Karstadt Kaufhof is…
Covenant must allow creative destruction
If you were to start a survey of how many consumers know the “Kaufhof”, that would certainly be a large majority. On the other hand, if you ask consumers when…
Deutsche Bank fires investment bankers in New York
Deutsche Bank in New York The bank lays off employees in the USA. (Photo: imago images/Levine-Roberts) new York According to an insider, Deutsche Bank has laid off employees from the…
Lufthansa must open up more to external parties
Lufthansa aircraft at Frankfurt Airport Investors are pushing for the future composition of the supervisory board to be clarified as quickly as possible. (Photo: Reuters) The situation is far from…
Major shareholder Klaus-Michael Kühne insists on having a say at Lufthansa
Lufthansa aircraft in Frankfurt After the restart, many things are changing at Europe’s largest airline group. (Photo: dpa) Frankfurt, Berlin Klaus-Michael Kühne, logistics entrepreneur and major shareholder of Lufthansa, is…
Losses fuel resistance to new government credit
gallery The newly designed Galeria at the Hauptwache in Frankfurt. (Photo: dpa) Dusseldorf, Berlin In view of the high losses of the department store group Galeria Karstadt Kaufhof, voices in…
Major shareholder Klaus-Michael Kühne insists on having a say at Lufthansa
Frankfurt, Berlin Klaus-Michael Kühne, logistics entrepreneur and major shareholder of Lufthansa, is not satisfied with just a seat on the supervisory board of the airline group. He also insists on…
Cerberus and JC Flowers stop selling plans for former HSH-Nordbank
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have stopped their plans for a billion-dollar sale of the institute for the…
Cerberus and JC Flowers stop selling plans for former HSH-Nordbank
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have stopped their plans for a multi-billion dollar sale of the institute, as…
There must be no subsidies for Galeria owner René Benko
Galeria branch in Cologne The department stores have had financial problems for a long time. (Photo: dpa) The decline of German department stores has been going on for many years.…
Cerberus and JC Flowers put sales plans on hold
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have put their plans for a multi-billion dollar sale of the institute on…
Goldman Sachs wants to merge investment banking and trading
Goldman Sachs lettering Cost overruns and failure to meet profitability targets in the consumer lending business had created dissatisfaction within the bank. (Photo: Reuters) new York According to the Wall…
Galeria Karstadt Kaufhof: department store chain in “existence-threatening emergency”
Installation of the new Galeria logo in Frankfurt The department store group wants to convert a large part of its branches for the Galeria 2.0 concept. (Photo: dpa) Dusseldorf, Berlin…
Galeria Karstadt Kaufhof: department store chain in “existence-threatening emergency”
Installation of the new Galeria logo in Frankfurt The department store group wants to convert a large part of its branches for the Galeria 2.0 concept. (Photo: dpa) Dusseldorf, Berlin…