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 […]
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 […]
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
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 […]
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 […]
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 […]
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 […]
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 […]