The Los Angeles Post
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Today: March 19, 2025
Today: March 19, 2025
Ilona Wissenbach

Ilona Wissenbach

Staff Writer

Latest From Ilona Wissenbach

Business|Economy|Europe|Political|US

Heidelberg Materials bets on US market under Trump

Heidelberg Materials, the world's second-largest cement maker, wants to do more deals in the U.S. in 2025 and is confident the policies

Heidelberg Materials bets on US market under Trump
Business|Finance

Emirates chief backs Boeing-Spirit merger amid factory crisis

One of Boeing's biggest customers, Dubai carrier Emirates, threw its support behind a possible Boeing takeover of Spirit AeroSystems, saying it would be a step

Emirates chief backs Boeing-Spirit merger amid factory crisis
Business|Europe|Finance|Stock Markets

Lufthansa gives subdued 2024 outlook as labour disputes weigh

Lufthansa warned on Thursday its operating losses in the first quarter will widen and gave a subdued outlook for 2024 as the

Lufthansa gives subdued 2024 outlook as labour disputes weigh
Business|Finance|Technology

Tesla targeting about 400 voluntary job cuts in Germany

Tesla is targeting around 400 job cuts at its German gigafactory near Berlin, or about 3% of the plant's total workforce, it said on

Tesla targeting about 400 voluntary job cuts in Germany
Business|Economy|Europe|Finance|Technology

Mercedes-Benz to stay firm on pricing following Q1 profit drop

Mercedes-Benz on Tuesday vowed to steer clear of entering a discount race, saying it would defend high pricing levels for its luxury cars

Mercedes-Benz to stay firm on pricing following Q1 profit drop
Business|Economy|Europe

Lufthansa, Air France-KLM to cut costs after tough first quarter

Two of Europe's top airline groups, Lufthansa and Air France-KLM, announced cost cuts on Tuesday after labour

Lufthansa, Air France-KLM to cut costs after tough first quarter
Business|Europe|Travel

Air France, Lufthansa Group airlines part of EU greenwashing probe

Air France, its Dutch arm KLM, Norwegian, SAS and several Lufthansa Group airlines are among 20 carriers being

Air France, Lufthansa Group airlines part of EU greenwashing probe
Economy|Europe|Travel

Tour giant TUI expects bright summer despite higher prices

Europe's largest tour operator TUI forecast strong summer season demand on Wednesday, despite higher prices, after reporting stronger-than-

Tour giant TUI expects bright summer despite higher prices
Business|Europe|Finance

Lufthansa's ITA deal faces EU veto unless stronger remedies offered, sources say

Lufthansa's bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there

Lufthansa's ITA deal faces EU veto unless stronger remedies offered, sources say
Business|Environment|Europe

Lufthansa to raise fares by up to 72 euros as environmental costs increase

Lufthansa will add an environmental charge of up to 72 euros ($77) to its fares, the airline group said on Tuesday, joining at least one

Lufthansa to raise fares by up to 72 euros as environmental costs increase
Business|Europe|Finance

Lufthansa unlikely to offer more concessions in ITA bid, sources say

Lufthansa is unlikely to offer more remedies to EU antitrust regulators scrutinising its bid for a stake in

Lufthansa unlikely to offer more concessions in ITA bid, sources say
Business|Europe|Finance

Lufthansa gets EU nod for $350 million stake in Italy's ITA

Lufthansa won EU antitrust approval to buy 41% of ITA Airways for 325 million euros ($350 million) on Wednesday

Lufthansa gets EU nod for $350 million stake in Italy's ITA
Business|Europe

Lufthansa sees earnings slump in third quarter as costs rise

Lufthansa warned of a fall in third-quarter earnings on Wednesday as the German airlines group grapples with higher wage

Lufthansa sees earnings slump in third quarter as costs rise
Business|Europe|Technology

From peace-maker to taboo-breaker, VW boss Blume takes on the unions

Volkswagen boss Oliver Blume, already battling slowing demand for electric cars and Chinese rivals, must now

From peace-maker to taboo-breaker, VW boss Blume takes on the unions
Business|Europe|Technology

Truckmakers say they are ready to go electric, but what about charging?

Major manufacturers, such as Daimler Truck and Traton, displaying their trucks at a transportation fair in Hanover this week say they

Truckmakers say they are ready to go electric, but what about charging?
Business|Economy|Europe|Finance

Lufthansa CEO aims to revive 'problem child' airline by 2026

Lufthansa is aiming to revive its core airline by 2026 as one of Europe's top carriers struggles more than its regional rivals with

Lufthansa CEO aims to revive 'problem child' airline by 2026
Business|Economy|Europe|Finance

Lufthansa's risky Italy bet hinges on Rome airport expansion

Lufthansa's long-promised turnaround of Italy's ITA Airways, crucial to help revive the German airline's

Lufthansa's risky Italy bet hinges on Rome airport expansion
Business|Europe|Technology

Porsche cuts China dealership network as challenges mount

Porsche will pare back its dealership network in China, reflecting persisting weak demand in the world's biggest auto market that has

Porsche cuts China dealership network as challenges mount
Business|Europe|Finance

Lufthansa reports 9% drop in third-quarter profit as core brand struggles

German airline group Lufthansa reported a fall in third-quarter operating profit on Tuesday as its flagship

Lufthansa reports 9% drop in third-quarter profit as core brand struggles
Business|Europe|Technology

Airbus CEO says SpaceX would not pass anti-trust test in Europe

Elon Musk's hugely successful rockets-to-satellites SpaceX venture would raise anti-trust concerns if it had to operate in Europe, the head of aerospace group

Airbus CEO says SpaceX would not pass anti-trust test in Europe

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