Sunday , 8 February 2026

Recent Posts

Barrick Gold agrees to pay over $300m to end Tanzania dispute

Bloomberg Barrick Gold Corp. agreed to pay over $300 million to the Tanzanian government to end a long-running dispute that it says destroyed the value of its subsidiary Acacia Mining Plc’s assets. As part of the deal, which still must be approved by Tanzania’s attorney general, the government will be given a 16% stake in a renamed company known as …

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Boeing lawsuits over Lion Air crash may move to Indonesia

Bloomberg A federal judge in Chicago signalled he may let dozens of lawsuits against Boeing Co over the crash of a Lion Air plane be resolved in Indonesia. US District Judge Thomas Durkin said during a status hearing that US Supreme Court and appellate court rulings appear to support the idea of a venue change. “The law is pretty favourable …

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Italy readies $390mn for bankrupt Alitalia

Bloomberg The Italian government is readying 350 million euros ($390 million) in bridge financing for bankrupt airline Alitalia SpA, seeking to keep the carrier flying as it scrambles to find bidders for a last-ditch rescue. The financing, due to cover six months of operations, was finalised in a cabinet decree document seen by Bloomberg. The companies leading the bid to …

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