Thursday , 25 December 2025

Recent Posts

Lufthansa’s Austrian arm gets $508mn government bailout

Bloomberg Deutsche Lufthansa AG’s historic state bailout increased by 450 million euros ($508 million) after Austria agreed to provide support to the German carrier’s division in the country. Austrian Airlines will get 150 million euros in direct aid plus 300 million euros in loans underwritten by the government, helping to sustain the unit as carriers begin to restore flights amid …

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Zara owner built post-Covid retailer before virus came along

Bloomberg A few weeks after Spain declared a nationwide lockdown in mid-March to fight the growing coronavirus outbreak, clothing retailer Inditex SA began running low on goods. The world’s largest fashion retailer typically operates a lean warehouse operation, preferring instead to hold the majority of its stock in stores that double as e-commerce fulfillment centres. That way, turnaround is faster, …

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Vietnam mulls international flights resumption

Bloomberg Vietnam is considering the resumption of some international flights to and from destinations that have had no novel coronavirus cases in the past 30 days, according to a statement on the government’s website. Vietnam Prime Minister Nguyen Xuan Phuc directed the National Steering Committee for Coronavirus Prevention and Control to report on international destinations considered to be safe, according …

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