German flag carrier Lufthansa said on Thursday (Mar 4) that it lost a record €6.7 billion (US$8.1 billion) in 2020, as the COVID-19 pandemic wiped out demand for travel and left aircraft grounded.
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Commentary: Does Volvo’s Chinese ownership threaten US national security?
A bifurcated market is bad news for the auto industry and consumers, and it’s particularly troublesome for Geely, says Bloomberg Opinion’s Chris Bryant.