Thursday , 25 December 2025

Recent Posts

Khazanah mulls providing up to $1.2b Malaysia Airlines aid

Bloomberg Khazanah Nasional Bhd, Malaysia’s sovereign wealth fund, is considering providing as much as 5 billion ringgit ($1.2 billion) to the national flag carrier to see it through the coronavirus-induced slump in bookings, according to people familiar with the matter. Malaysia Airlines Bhd would use the fresh capital to resume some operations it has suspended, the people said. If it …

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Ocado raises $1.3b for e-comm growth

Bloomberg Ocado Group Plc is raising just over 1 billion pounds ($1.3 billion) through a share placement, retail offer and convertible bonds to fund expansion of online grocery shopping in an era of social distancing. The company said on Thursday it’s getting 657 million pounds via the share placement and retail offer and 350 million pounds through the convertible bond …

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Stocks and futures tumble on Fed caution, virus fears

Bloomberg Stocks in Europe and Asia tumbled with US equity futures on Thursday after the Federal Reserve painted a long slog ahead for the economic recovery and as coronavirus infection rates jumped in parts of America. The Stoxx Europe 600 Index opened sharply lower, with sectors scooped up in the recent rally such as banks and travel leading declines. S&P …

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