April 27, 2020

Lufthansa, Air France-KLM shares rise on bailout progress

Shares in Air France-KLM and Lufthansa led European stock market gains on Monday on hopes that government bailouts would see them through the coronavirus crisis. Powered […]
April 27, 2020

Shares gain as investors look to lockdown easing

Stock markets rallied on Monday as the Bank of Japan added more stimulus to cushion the impact of the coronavirus and investors cheered news more countries […]
April 27, 2020

NMC Health requests delisting from LSE

Troubled hospital operator NMC Health said on Monday it requested its shares be delisted from the London Stock Exchange after they were suspended two months ago. […]
April 27, 2020

Australia’s NAB seeks $2.2 billion from investors, slashes dividend as virus halves profit

National Australia Bank Ltd asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend to the lowest in almost three decades, as its first-half profit […]
April 27, 2020

Norwegian Air could soon run out of cash unless debt plan approved

Norwegian Air could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned on […]
April 27, 2020

UK airlines want coronavirus wage support scheme extended beyond June

Britain’s airlines want the government’s coronavirus wage support scheme to be extended beyond June, maintaining the assistance for longer with a only slow recovery in air […]
April 27, 2020

China’s market regulator inspects Luckin Coffee

Luckin Coffee said on Monday China’s State Administration for Market Regulation was carrying out work to understand the coffee chain’s operating situation and added that it […]
April 27, 2020

German airline Condor to receive loans worth 550 million euros: government

The German government and the federal state of Hesse have agreed to provide Condor with loans worth 550 million euros ($596.31 million), the economy minister said […]
April 27, 2020

Holiday Inn-owner taps Bank of England loans as room revenue sinks

Holiday Inn-owner InterContinental Hotels said on Monday it had raised 600 million pounds ($747 million) from Bank of England loans under the government’s coronavirus aid scheme […]
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