Airline to introduce 39;Environmental Cost Surcharge39; Fares to rise between 1 euro and 72 euros Air FranceKLM has made a similar move June 25 Reuters Lufthansa will add an environmental charge of up to 72 euros 77 to its fares, the airline group said on Tuesday, joining at least one European rival in doing so as […]

Reuters Boeing has offered to acquire Spirit AeroSystems Holdings in a deal funded mostly by stock that values its key supplier at about 35 per share, Bloomberg News reported on Monday, citing people familiar with the matter. This offer represents a premium of nearly 6 over Spirit39;s stock closing price of 33.07 on Monday and a 22.4 […]

TOKYO, June 25 Reuters China39;s BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most expensive model so far in a market where consumers have long favoured domestic brands. The Shenzhenbased automaker said it had started taking orders for its flagship Seal EV in Japan from Tuesday, […]

TOKYO, June 25 Reuters Toyota sold 2 billion worth of cross shareholdings of listed companies in the year that just ended, the Japanese automaker disclosed in a regulatory filing on Tuesday. The world39;s topselling automaker sold 325.9 billion yen 2.04 billion worth of such shares in the business year to endMarch. It still has 124 such […]

FRANKFURT, June 25 Reuters Shares in Germany39;s Merck KGaA slumped 8.9 at the open on Tuesday after the diversified group late on Monday said a trial testing a head and neck cancer drug, previously seen as promising, would be stopped for lack of efficacy. The failure of drug candidate xevinapant is the latest in a string […]

June 25 Reuters Australia39;s Macquarie Group said on Tuesday its European infrastructure fund will sell its 40 stake in Italian energy firm Hydro Dolomiti Energia HDE to a consortium in a deal valuing HDE at about 1 billion euros 1.07 billion. The consortium is led by global investor Equitix39;s Euro Funds and includes energy infrastructure investor […]