Lufthansa to cut jobs after reporting €2.1 billion loss

The German airline group Lufthansa says it will undergo “far-reaching restructuring” after reporting a net loss of €2.1 billion in the first three months of the year. The changes will include job cuts at its Brussels Airlines and Austrian Airlines brands. Lufthansa’s board agreed on Tuesday to a €9 billion German government rescue loan to … Read more Lufthansa to cut jobs after reporting €2.1 billion loss

A Café Owner in Seattle Hopes He’s “Too Small to Fail”

Jun.02 — Zack Bolotin opened Porchlight Coffee & Records in 2009. Early in the pandemic, he realized that government loan programs weren’t going to be of much use. “No one’s really going to do much to help out with this other than our customers,” he says. But they may be enough. “I’ve repeatedly made the … Read more A Café Owner in Seattle Hopes He’s “Too Small to Fail”

Manchester United: Odion Ighalo’s tennis ball drill that inspired goal vs Linz

Odion Ighalo sealed his loan extension at Manchester United today, four months after sneaking around hiring leisure centres for personal training sessions while his team-mates headed to Spain. United’s surprise deadline-day signing had an inauspicious start at Old Trafford as he was blocked from warm-weather training in Marbella, having arrived from China following the outbreak … Read more Manchester United: Odion Ighalo’s tennis ball drill that inspired goal vs Linz

Hertha Berlin vs. Augsburg (2-0) | Bundesliga Highlights

On-loan Liverpool man Marko Grujic and Krzysztof Piątek were on target as Hertha secured a valueable three points at home to Augsburg. Subscribe to our YouTube channel for the best videos from BT Sport http://bit.ly/17YTeL5 Subscribe to our Boxing YouTube channel http://po.st/NoFilterYT Twitter: http://twitter.com/btsport Facebook: http://www.facebook.com/btsport Instagram:http://instagram.com/btsport Website: http://sport.bt.com

UniCredit’s Germany Head Sees More Loan Applications in Crisis

May.22 — Michael Diederich, the head of UniCredit’s German unit, says loan applications have increased during the coronavirus crisis and no industries have been excluded from lending. The bank has taken a role in supporting state-backed loans to companies including Adidas, Sixt and Ceconomy. He speaks on “Bloomberg Markets: European Open.”

“I got bullied for playing football” | Chris Wood | Making It Pro | AD

Ever wondered what it takes to make it to the top? In partnership with @EA SPORTS FIFA, Chris Wood reveals what it took to become an established Premier League player. The @Burnley Football Club striker discusses his early years and being bullied for playing football, the challenges he faced moving from New Zealand to the … Read more “I got bullied for playing football” | Chris Wood | Making It Pro | AD

Coronavirus: Puerto Rico Prepares to Reopen After 2-Month Lockdown

Puerto Rico will cautiously reopen beaches, restaurants, churches, hair salons and retail stores next week as it emerges from a two-month coronavirus lockdown. Governor Wanda Vázquez announced on May 21 that most businesses will reopen under a curfew on May 26, operating in a reduced capacity and under appointments. All people will be required to … Read more Coronavirus: Puerto Rico Prepares to Reopen After 2-Month Lockdown

Potential ‘treason’ | Leaked tapes allegedly reveal ‘quid pro quo’ Poroshenko-Biden deal

Audio recordings released by Ukrainian MP Andrii Derkach allegedly offer confirmation that Joe Biden pressured former Ukrainian President Petro Poroshenko to fire an attorney general in exchange for a billion-dollar loan. READ MORE: https://on.rt.com/aheo Subscribe to RT! https://www.youtube.com/channel/UCpwvZwUam-URkxB7g4USKpg?sub_confirmation=1 RT LIVE https://www.youtube.com/watch?v=IFAcqaNzNSc Check out http://rt.com Like us on Facebook http://www.facebook.com/RTnews Follow us on VK https://vk.com/rt_international Follow … Read more Potential ‘treason’ | Leaked tapes allegedly reveal ‘quid pro quo’ Poroshenko-Biden deal

Burger King Parent Working on Reopening Dining Rooms, CEO Says

May.19 — Jose Cil, chief executive officer of Burger King’s parent company Restaurant Brands International Inc., says the Trump administration was receptive to his request for an extension of the deadline to use small business loan funds. He speaks with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.”

Ryanair CEO Says German, French Bailouts Distort Airline Market

May.18 — Ryanair Holdings Plc Chief Executive Officer Michael O’Leary says that support by German and French governments for their airline industries is “illegal” and will “distort the market.” He made the comments after Europe’s biggest low-cost carrier boosted its liquidity with a 600 million-pound ($726 million) loan backed by the U.K. government. He speaks … Read more Ryanair CEO Says German, French Bailouts Distort Airline Market

Some bushfire victims still waiting for government loans | 7.30

As winter approaches, many victims of last summer’s terrible bushfires are still struggling to access cash grants and loans to help get them back on their feet. The Bushfire Recovery Taskforce says $1.3 billion has already been set aside for families and businesses. But some farmers say they haven’t seen it yet. Read more here: … Read more Some bushfire victims still waiting for government loans | 7.30

Shares down as India rolls out 60 bln U.S. dollars initial stimulus package

Indian shares slid on Thursday, with banking and IT stocks falling the most. This came as the government announced nearly 60 billion U.S. dollars worth of loan guarantees for small businesses, shadow banks and power companies. Over 120 million people lost their jobs in India last month. Researchers say more than half of them are … Read more Shares down as India rolls out 60 bln U.S. dollars initial stimulus package