The Lufthansa Group has confirmed plans to eliminate 4,000 administrative positions by 2030 as part of a comprehensive cost-cutting initiative. The German airline conglomerate, based in Munich, announced that the reduction will affect approximately 20% of its administrative workforce outside...
Swiss cement conglomerate Holcim has agreed to acquire German building materials manufacturer Xella for €1.85 billion, marking a significant strategic move in the European construction sector. The transaction, announced on Monday, is expected to be finalized in the second half of 2026,...