Union: Lufthansa strike to last through Saturday

November 25, 2016 at 12:00a.m.

BERLIN

A union representing pilots at German airline Lufthansa said Thursday that its members plan to extend their labor strike through Saturday.

The four-day strike, which began Wednesday, comes amid a long-running dispute over wages.

Lufthansa has been forced to cancel hundreds of flight a day.

The airline said it expects some 100,000 passengers booked on short- and medium-haul flights to be affected by the walkout today.

Asian markets gain in quiet trading during US holiday

SEOUL, South Korea

Asian stock markets were mostly higher today in subdued trading after U.S. markets were closed on the Thanksgiving holiday. Japan’s benchmark rose as the dollar remained at an eight-month high against the yen.

Japan’s Nikkei 225 rose 0.6 percent to 18,437.50 and South Korea’s Kospi stayed flat at 1,971.94. Hong Kong’s Hang Seng index rose 0.4 percent to 22,701.72, but the Shanghai Composite Index fell 0.2 percent to 3,237.31.

European markets closed slightly higher in light trading. Britain’s FTSE 100 edged up 0.2 percent to 6,829.20 and France’s CAC 40 rose 0.3 percent to 4,542.56. Germany’s DAX also gained 0.3 percent to 10,689.26. U.S. markets were closed Thursday and will close early today.

Failed search for treatment to slow Alzheimer’s

INDIANAPOLIS

An experimental treatment for Alzheimer’s failed again in a widely anticipated study, disappointing many who had hoped drugmaker Eli Lilly had finally found a way to slow the progression of the mind-robbing disease.

The drug did not work better than a placebo treatment in a study of more than 2,100 people with mild Alzheimer’s, the company announced Wednesday.

Alzheimer’s experts had modest expectations for the drug, called solanezumab. It had already failed in two large studies in people with mild-to-moderate forms of the disease. Combined results, however, suggested that the drug might work for those with the mildest symptoms.

Associated Press