DUBAI / IBRAHIM ELDESOUKIE Foodco National Foodstuff, one of the leading local food companies, has ...
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Americanas proposes steep losses for creditors in debt plan
BLOOMBERG Americanas SA, the embattled Brazilian retailer, proposed a plan to restructure its 42.3 billion ...
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BLOOMBERG Cathay Pacific Airways is in talks with aircraft lessors as it seeks to source ...
Read More »Walmart cuts staffing levels at some of its US warehouses
BLOOMBERG Walmart Inc is cutting staffing levels at some e-commerce fulfillment centres in the US ...
Read More »Bombardier climbs as its CEO sees faster growth, lower debt
BLOOMBERG When Eric Martel returned to Bombardier Inc in the spring of 2020, the company ...
Read More »Credit Suisse takeover hands Swiss business big headache
BLOOMBERG UBS Group AG’s emergency buyout of Credit Suisse Group AG threatens to drastically shrink ...
Read More »BofA trims staff in banking, lending
BLOOMBERG Bank of America Corp (BofA) is trimming its wealth-management, banking and lending group as ...
Read More »Deutsche Bank settles $1.6bn US lawsuit
BLOOMBERG Deutsche Bank AG is settling a US lawsuit it filed against a pair of ...
Read More »Philippines may pause rate hike cycle in May
BLOOMBERG The Bangko Sentral ng Pilipinas (BSP) has done enough to address inflation and could ...
Read More »Central banks cut most US debt since 2014 as dollar needs rise
BLOOMBERG Foreign central banks liquidated Treasury holdings at the fastest clip in nine years and ...
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