Lufthansa soars after top shareholder backs bailout
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BERLIN (Reuters) - Lufthansa shares jumped 10% on Thursday after its top shareholder dropped his objections to a 9 billion euro (£8.15 billion) government bailout for the German airline brought to the brink of collapse by the COVID-19 pandemic. "I will vote for the proposal," billionaire investor Heinz Hermann Thiele, who recently increased his stake in Lufthansa to 15.5%, told the Frankfurter Allgemeine daily on Wednesday.His endorsement amounts to an 11th-hour reprieve for the airline after..