Money

Lufthansa cuts profit targets after 'repeated terror attacks'

Terror attacks in Europe and "political and economic uncertainty" have prompted German airline Lufthansa to cut its full-year profit target, the company said Wednesday.

finance

Deutsche Bank issues massive loss warning

Deutsche Bank warned Thursday that it would post a net loss of €6.2 billion ($7 billion) in the third quarter and that dividends for the year may be scrapped.

Cars

Suzuki losing patience with VW, reports say

Japanese automaker Suzuki is getting increasingly frustrated with its larger partner Volkswagen and is eyeing deeper ties with Italian giant Fiat, German media said Saturday.

Energy

Nuke shutdown could boost energy profits

Energy corporation RWE confirmed Saturday that if electricity prices rose as a result of nuclear power station closures, the company stands to make a bigger profit in the long term.

Industry & Trade

VW records strong profits

Volkswagen, the biggest European carmaker, reported Friday a strong operating profit of €4.8 billion for the first nine months of 2010 and said its full-year figure would show gains as well.