Wednesday , 17 December 2025

Recent Posts

Mnuchin called top bank execs on market stability

Bloomberg Treasury Secretary Steven Mnuchin called top executives from the six largest US banks over the weekend, he said on Twitter, a move that followed heavy losses in the stock market last week and a partial federal government shutdown. “The CEOs confirmed that they have ample liquidity available for lending to consumer, business markets, and all other market operations,” the …

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Gatwick drone raid’s legacy of ‘fees, airports’

Bloomberg As thousands rush to complete journeys disrupted by the recent drone incursions at London Gatwick airport, here’s a guide to how the aviation industry is responding, and what the long-term fallout might be. Airlines have a legal duty to get travellers to their destination, no matter if a flight is halted by the weather, strikes or the appearance of …

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Norwegian Air says liquidity ‘satisfactory’ as it cuts costs

Bloomberg Norwegian Air Shuttle ASA said its cash position is “satisfactory” and a cost-savings plan is bearing fruit as the debt-strapped budget carrier faces disruptions to its long-haul flights during the slow winter season. “To meet the competitive environment in a period with seasonally lower demand in Europe, the company has made several changes to its route portfolio as well …

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