At the beginning of the year, fears were widespread that recession was heading toward the ...
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AirAsia to raise $257 million in share sale to founders
Bloomberg AirAsia Bhd. is raising 1 billion ringgit ($257 million) selling stock to a company ...
Read More »Sri Lanka’s loss-making carrier seeks foreign partner
Colombo / AFP Sri Lanka is seeking foreign assistance to rescue its loss-making national carrier, ...
Read More »Home Retail saga over as board to recommend Sainsbury offer
Bloomberg Home Retail Group Plc said its board will unanimously recommend J Sainsbury Plc’s 1.4 ...
Read More »Kenya Airways to cut upto 600 jobs
Bloomberg Kenya Airways, the east African country’s struggling national airline, is to cut up to ...
Read More »Amazon payments get retailers to ‘open kimono’ to competitor
Bloomberg Amazon.com Inc.’s relaunch of its online payments business in 2013 was greeted with scepticism. ...
Read More »Singapore home prices see longest drop in two decades
Bloomberg Singapore home prices dropped for a tenth quarter, posting the longest losing streak in ...
Read More »Bahrain’s GFH signs £100 mn deal for London’s 1 Palace St
Bloomberg GFH Financial Group ( GFH ), a prominent regional financial group, announced that it ...
Read More »Hilton Worldwide unveils new hotel in Egypt
Dubai / Emirates Business Hilton Hotels & Resorts opened Hilton Alexandria King’s Ranchon Friday. The ...
Read More »Zuckerman to leave Boston Properties Inc.
Bloomberg Mort Zuckerman, who co-founded Boston Properties Inc. in 1970 and has been its chairman ...
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