FRANKFURT / AP German airline Lufthansa has reached a preliminary agreement on a labor deal with its pilots that would cut pension liabilities and bar strikes through 2022. Lufthansa’s drawn-out talks with the Vereinigung Cockpit union have led to several costly stoppages that disrupted hundreds of flights. Lufthansa’s labor relations head, Bettina Volkens, on Wednesday called the deal a …

  MADRID / AP Zara fashion brand owner Inditex says strong sales and expansion of new stores boosted net profit in the past fiscal year by a 10 percent. The world’s largest clothes retailer said that net profit for the 12 months ending January 31 rose to 3.16 billion euros ($3.35 billion) from 2.88 billion euros ($3.06 billion) a year …

  Bloomberg Microsoft Corp. officially rolled out its Teams workplace-collaboration software, counting on integration with its ubiquitous Office and Outlook programs and partnerships with popular business software makers such as SAP to challenge Slack Technologies Inc. for big corporate customers. Teams, in preview mode since November, is now widely available in 181 markets, Microsoft said Tuesday. Already 50,000 Office 365 …