Recent Posts

Norwegian scrubs $10.6bn deal in threat to Boeing Max

Bloomberg Norwegian Air Shuttle notified Boeing that the carrier is terminating purchases for all 97 of its remaining jets on order, underscoring the financial strains caused by a 15-month grounding of the 737 Max after two fatal accidents. In more bad news for Boeing’s best-selling jet, Singapore-based BOC Aviation Ltd said in a filing it was cancelling orders for 30 ...

Read More »

Walmart, Humana expand virus testing

Bloomberg Health insurer Humana Inc is expanding access to Covid-19 testing at hundreds of new drive-through sites at Walmart Inc stores, as well as offering at-home tests to members. The initiatives come amid reports of hours-long waits for tests in new hot spots like Houston as coronavirus cases surge in many southern and western states. While testing in the US ...

Read More »

Steinhoff fees jump in scandal fallout

Bloomberg Steinhoff International Holdings NV’s annual advisory fees climbed 35% last year, pushed by costs related to a deal the retailer reached with creditors to skip debt repayments. Steinhoff’s shares collapsed in late 2017 when the owner of Conforama in France and Pep stores in Europe and Africa became engulfed in an accounting scandal. Locked in a battle for survival, ...

Read More »
Send this to a friend