Lufthansa, which accepted a €9 billion German bailout in early June, now expects a recovery of air traffic to take until the middle of the decade. Photograph: Ronald Witek/EPA

Lufthansa is preparing for more drastic cutbacks in its global workforce and airline fleet than it previously planned, after a hoped-for recovery of a(...)

The 2020 Porsche Taycan electric car/ Photograph: Mark Ralston/AFP via Getty Images

Porsche will press ahead with the launch of new electric models in the US despite sales in the country dropping by a fifth during the coronavirus cris(...)

Munich-based Wirecard collapsed in June under €3.5 billion of debt in one of Germany’s largest postwar accounting frauds. Photograph: Christof Stache/AFP

German prosecutors suspect Wirecard was looted before its spectacular collapse in June, with $1 billion funnelled to opaque partner companies even as (...)

Hugh Hunter travelled the world with Aer Lingus.

This article is one of a series about people who have died with coronavirus in Ireland and among the diaspora. Read more at irishtimes.com/covid-19-li(...)

Candice Gordon, first full-time cultural officer for the Irish Department of Foreign Affairs, based  in the Irish embassy Berlin: “Cultural diplomacy is about opening dialogue and finding connections between countries, not forcing things down people’s throats.” she says.   . Photograph: Tom Taylor

Ireland’s image in Germany is “positive but limited”, with ingrained ideas of hard-drinking wild Celts playing traditional music, says Candice Gordon,(...)

Photograph: AFP

Vodafone Ireland has reported a 6.8 per cent decline in first quarter revenues as its parent announced plans to listits towers business, named Vantage(...)

Wall Street rose     after a record-setting increase in monthly US jobs pointed to a rebound in business activity following the easing of coronavirus-led lockdowns. Photograph:   Angela Weiss/AFP via Getty Images

Growing coronavirus vaccine hopes and positive jobs news from the US boosted markets on Thursday. DUBLIN Ryanair climbed 2.86 per cent to €10.97 on (...)

An “out of country” team at EY is reviewing the work carried out by its German auditors, according to a person close to the firm

EY failed for more than three years to request crucial account information from a Singapore bank where Wirecard claimed it had up to €1 billion in cas(...)

French cafés and restaurants have begun to reopen after the coronavirus lockdown, helping boost business activity. Photograph: Philippe Lopez/AFP

The downturn in European business activity slowed markedly in June as restrictions to contain the coronavirus crisis were eased, according to a closel(...)

Markus Braun, who spearheaded Wirecard’s meteoric growth, has resigned as chief executive. Photograph: EPA/Philipp Guelland

Wirecard’s chief executive Markus Braun has resigned with immediate effect as the payment group’s share price continued to collapse a day after it rev(...)

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