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Lufthansa shareholders approved a capital raise of up to €5.5 billion to repair the stricken carrier’s balance sheet after the coronavirus pandemic.  Photograph:  Daniel Roland/AFP via Getty Images

Deutsche Lufthansa shareholders approved a capital raise of up to €5.5 billion on Tuesday, a move management said is needed to repair the stricken car(...)

In the US, the S&P 500 and the Dow indices rose as a largely upbeat earnings season strengthened expectations of sustained profit growth, but the Nasdaq struggled. Photograph: Ashley Gilbertson/The New York Times

Stocks ended higher in Europe on Monday after the European Commission outlined plans to relax Covid-19 restrictions on tourism, while strong factory a(...)

Datalex chief executive Sean Corkery at the company’s agm in 2019. Photograph: Tom Honan

Businessman Dermot Desmond has agreed another extension on €11.3 million on loans to Datalex in order to give the loss-making travel retail software (...)

Photograph: iStock

Deutsche Lufthansa reined in capacity plans for the early summer as a surge in coronavirus cases coupled with Europe’s slow rollout of jabs pushes a h(...)

In March, the High Court approved a restructuring scheme for Norwegian Air and the other Irish-based subsidiaries. Photograph: iStock

The High Court has approved the repudiation of certain contracts which Norwegian Air International and four other Irish-based subsidiaries of its pare(...)

Ryanair has lost challenges against Scandinavian state bailouts for airlines Finnair and SAS to support them from the impact of the Covid-19 pandemic.

Ryanair has vowed to appeal a European court ruling upholding state aid for for rivals SAS and Finnair. The EU’s general court upheld Danish, Finnis(...)

Business travel is a lucrative segment of the airline market.

Virgin Atlantic’s chief executive is planning for a long-term reduction in business travel, in one of the clearest warnings yet on the hit to this par(...)

Food and ingredients group Glanbia advanced 5.3% on Thursday to €13.51. Photograph: Drew Nash/Times-News/

European shares hit record highs on Thursday on hopes of stimulus-fuelled recoveries from the Covid-19 crisis. DUBLIN Food and ingredients group Gla(...)

Shares in Deliveroo plummeted 26%  as it made its highly-anticipated launch on the London Stock Exchange. Photograph: PA Wire

European shares dipped as investors eased off following a record first quarter and fears of a fresh Covid-19 wave once again cooled sentiment. DUBLIN(...)

Ryanair advanced 4.21%  to close at €16.725 after trading at a high of €16.81 earlier in the day. File photograph: Crispin Rodwell/The Irish Times

Prospects of a vaccine-driven economic boost and a big US spend on infrastructure sent European shares to record highs on Tuesday, aiding banks in par(...)

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