The Los Angeles Post
U.S. World Business Lifestyle
Today: March 22, 2025
Today: March 22, 2025
Klaus Lauer

Klaus Lauer

Staff Writer

Latest From Klaus Lauer

Business|Economy|Europe|Finance

ProSieben oks General Atlantic deal on digital assets

German media group ProSiebenSat.1 said on Thursday it has approved an agreement with U.S. private equity firm General Atlantic on the acquisition of the

ProSieben oks General Atlantic deal on digital assets
Business|Economy|Entertainment|Europe|Finance

RTL targets operating profit of 1 billion euros in 2-3 years, banking on ad growth

European media group RTL is aiming to return to an annual operating profit of 1 billion euros ($1.08 billion) in the medium term, CEO

Business|Economy|Europe|Finance

ProSieben board puts on hold General Atlantic deal, sources say

The supervisory board of ProSiebenSat.1 has put on hold a potential deal that could hand U.S. private equity firm General Atlantic a minority

ProSieben board puts on hold General Atlantic deal, sources say
Business|Economy|Europe

Germany's residential building permits fall to 2010 low

The number of residential building permits granted in Germany last year fell to its lowest level since 2010, demonstrating the deep crisis of a real estate market

Germany's residential building permits fall to 2010 low
Business|Economy|Europe

VW CEO says talking to Chinese partners about their Europe expansion plans

Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions

VW CEO says talking to Chinese partners about their Europe expansion plans
Business|Europe|Health|US

Eli Lilly to invest 2 billion euros to build first German production plant -source

U.S. pharmaceuticals company Eli Lilly plans to build a production plant in western Germany, sources close to the matter told Reuters,

Eli Lilly to invest 2 billion euros to build first German production plant -source
Business|Economy|Europe|Finance|Health|Technology|US

Lilly to build $2.5 billion diabetes drug plant in Germany

Eli Lilly will build its first plant in Germany for 2.3 billion euros ($2.5 billion) in the western town of Alzey, the U.S. pharmaceuticals maker said on

Lilly to build $2.5 billion diabetes drug plant in Germany
Business|News|Travel

Ryanair passengers have shown no concern over Boeing jets, says CEO

Ryanair passengers have not shown any concern about flying on Boeing 737 aircraft since the grounding of some 737 MAX jets after a cabin panel blowout on an Alaska

Ryanair passengers have shown no concern over Boeing jets, says CEO
Business|Economy|Europe|Finance

German economy likely to stagnate in 2024, IW forecasts

Germany's economy will stagnate in 2024 despite a stronger than expected start to the year, and will continue to lag behind European peers, according to German

German economy likely to stagnate in 2024, IW forecasts
Business|Europe|Finance

Lufthansa CEO optimistic about financial health of ITA Airways

Lufthansa sought to reassure investors about ITA's financial health on Friday after the German carrier won EU approval this week to buy 41% of the

Lufthansa CEO optimistic about financial health of ITA Airways
Business|Europe|Finance

Axel Springer, KKR considering split of German media giant, sources say

German media giant Axel Springer, which owns Germany's popular Bild tabloid and U.S. news site Politico, is considering a split of the company together with private equity

Axel Springer, KKR considering split of German media giant, sources say
Environment|Europe|News

Climate activists glued to runway halt flights at German airport, other protests foiled

Germany's Cologne-Bonn airport suspended flights for several hours on Wednesday after climate activists glued themselves to a runway, while similar

Climate activists glued to runway halt flights at German airport, other protests foiled
Business|Economy|Europe|News

Germany's Scholz to visit shipbuilder amid state aid hopes

German Chancellor Olaf Scholz will on Thursday visit shipbuilder Meyer Werft, raising union hopes for government support for the company which is battling to fill a

Germany's Scholz to visit shipbuilder amid state aid hopes
Business|Economy|Europe

Germany's Scholz vows to keep luxury shipbuilder afloat

The German government is working on a deal to secure the future of Meyer Werft, a 229-year-old shipyard and one of the world's largest

Germany's Scholz vows to keep luxury shipbuilder afloat
Business|Europe|Finance

German media empire Axel Springer to split in deal with KKR

German media empire Axel Springer will be split between CEO Mathias Doepfner and private equity firm KKR, the company said on Thursday, in a deal that secures the

German media empire Axel Springer to split in deal with KKR

Follow