German airline Lufthansa to raise 2.1 bn euros

Berlin, Sept 19 (AFP/APP):German airline Lufthansa, hit hard by the coronavirus pandemic, said Sunday it would seek to raise more than two billion euros with a capital increase. The company said its executive board had agreed to a share issue from Wednesday and “the gross […]

New EU office probes suspected fraud worth 4.5 bn euros

Brussels, Sept 14 (AFP/APP):The EU’s prosecutor’s office, launched with fanfare three months ago, is already probing various suspected frauds against the bloc’s funds, amounting to 4.5 billion euros ($5.3 billion), it said on Tuesday. That sum is a total from some 300 investigations that have […]