Tag Archives: Government / politics

Lufthansa skyrockets after major shareholder backs bailout

FRANKFURT (Reuters) – Lufthansa (LHAG.DE) Shares rose as much as 20% on Thursday after its main shareholder rejected its objections to a 9 billion euro ($ 10 billion) government bailout for the German airline that was on the brink of collapse due to the COVID pandemic- 19. “I am going …

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Exclusive: Trump administration says Huawei and Hikvision are backed by the Chinese military

WASHINGTON (Reuters) – The Trump administration has determined that major Chinese companies, including telecommunications equipment giant Huawei Technologies and video surveillance company Hikvision (002415.SZ), are owned or controlled by the Chinese military, laying the groundwork for new US financial sanctions, according to a document seen by Reuters on Wednesday. FILE …

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