Advertisement
Canada markets close in 1 hour 26 minutes

  • S&P/TSX

    21,963.34
    +77.96 (+0.36%)
     

  • S&P 500

    5,102.05
    +53.63 (+1.06%)
     

  • DOW

    38,264.63
    +178.83 (+0.47%)
     

  • CAD/USD

    0.7318
    -0.0006 (-0.08%)
     

  • CRUDE OIL

    83.86
    +0.29 (+0.35%)
     

  • Bitcoin CAD

    87,416.73
    -840.19 (-0.95%)
     

  • CMC Crypto 200

    1,332.46
    -64.08 (-4.59%)
     

  • GOLD FUTURES

    2,351.70
    +9.20 (+0.39%)
     

  • RUSSELL 2000

    2,003.22
    +22.10 (+1.12%)
     

  • 10-Yr Bond

    4.6710
    -0.0350 (-0.74%)
     

  • NASDAQ

    15,918.30
    +306.54 (+1.96%)
     

  • VOLATILITY

    15.10
    -0.27 (-1.76%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6836
    +0.0015 (+0.22%)
     
MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Latest stubborn U.S. inflation reading will bring about more 'wait and see' from the Fed

Thiele family to remain major Lufthansa shareholders: sources

Reuters
·1 min read
FILE PHOTO: Lufthansa planes are seen parked on the tarmac of Frankfurt Airport, Germany

FRANKFURT (Reuters) - The Thiele family will remain major shareholders in German airline Lufthansa following the death of Heinz Hermann Thiele, two people with knowledge of the matter said on Thursday.

There has been some uncertainty about the fate of the holdings of the billionaire who died in February.

The German brake maker Knorr-Bremse and the rail technology company Vossloh said on Thursday that Thiele's stakes would be shifted to a family foundation, meaning they would continue as anchor shareholders in those companies.

Thiele has been one of the largest shareholders in Lufthansa. His stake will also be transferred to the foundation, the two sources said.

(Reporting Alexander Huebner; writing by Tom Sims; editing by Hans Seidenstuecker and Chris Reese)