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World Business Quick Take - Taipei Times

AIRLINES
<strong>Lufthansa cuts losses</strong>
German carrier Lufthansa AG yesterday said that it cut its losses by two-thirds last year, but warned of uncertainty for the industry from the COVID-19 pandemic and the Russian invasion of Ukraine. Europe’s largest airline group which includes Eurowings, Austrian, Swiss and Brussels Airlines reported a net loss of 2.2 billion euros (US$2.4 billion), compared with a bottom-line loss of 6.7 billion euros a year earlier. Lufthansa said it expected business to improve this year, but warned that the rising cost of oil would create “additional burdens” for the group.
STOCK EXCHANGES
<strong>LSE increases dividend</strong>
London Stock Exchange Group ....

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