Thursday, June 25, 2020

Lufthansa shares soar after major shareholder Heinz Hermann Thiele backs bailout plan

Lufthansa shares soar after major shareholder Heinz Hermann Thiele backs bailout plan Germany#39;s flagship airline has been brought to its knees by COVID-19 and what promises to be a protracted travel slump, and has sought a state rescue to avoid insolvency.

from Moneycontrol Business News https://ift.tt/37YcWPH

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...