November 20, 2019

Junk loan market tensions signal end of buyout-led binge

Many investors are shunning the riskiest corners of the junk-rated U.S. corporate loan market because of concerns about possible credit rating downgrades, putting the brakes on […]
November 20, 2019

Prosus urges Just Eat shareholders to accept its offer, reject Takeaway bid

Dutch technology company Prosus NV on Wednesday urged shareholders of Britain’s Just Eat PLC to accept its unsolicited 4.9 billion pound ($6.3 billion) cash bid for […]
November 20, 2019

Norwegian Air appoints new CEO to lead restructuring

Loss-making Norwegian Air has appointed a new chief executive to take charge of the budget carrier’s ongoing restructuring, the board said on Wednesday. Powered by WPeMatico
November 20, 2019

Alibaba raises up to $12.9 billion in landmark Hong Kong listing

Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine […]
November 20, 2019

Unions up ante at South African Airways as finances approach crunch

Unions are escalating a crippling strike at South African Airways (SAA) after talks broke down, leaving the state-run carrier at risk of liquidation without a government […]
November 20, 2019

Flare-up of Sino-U.S. tensions over Hong Kong knocks world shares off 22-month high

World stocks were knocked off 22-month highs on Wednesday as a renewed flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a […]
November 20, 2019

U.S. FAA head says will be tougher on the certification of the Boeing 777x

The head of the U.S. Federal Aviation Administration (FAA) said the FAA will be tougher on the certification of the Boeing 777x, speaking at the Dubai […]
November 20, 2019

Australia’s Westpac slapped with 23 million money laundering breaches

Regulators accused Australia’s Westpac Banking Corp of 23 million breaches of anti-money laundering laws, saying the banking giant ignored red flags and for years enabled payments […]
November 20, 2019

Alibaba to exercise full retail tranche in Hong Kong listing: sources

Alibaba has exercised its full retail tranche, from 2.5% to 10%, in its Hong Kong secondary listing, thanks to oversubscription, three sources with direct knowledge of […]
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