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Bloomberg Deutsche Lufthansa AG will cut 20% of managerial positions and accept no more than …
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Kenya Air pilots offer going on unpaid leave
Bloomberg Kenya Airways pilots warned the carrier against cutting jobs and offered to go on …
Read More »Banks with ‘shattered’ business models warned by Japan’s FSA
Bloomberg Japan’s financial regulator is running out of patience with regional banks that are struggling …
Read More »India’s ICICI bank to raise $2bn in capital
Bloomberg ICICI Bank Ltd. plans to raise as much as 150 billion rupees ($2 billion) …
Read More »Australian banks extending deferral of loan repayments
Bloomberg Some of Australia’s biggest banks will extend the deferral of loan repayments for up …
Read More »Sri Lanka cuts key rate again to aid economy
Bloomberg Sri Lanka’s central bank lowered borrowing costs for a fifth time this year to …
Read More »Nigeria weakens naira as it seeks single rate
Bloomberg Nigeria’s central bank devalued the naira by 5.5% against the dollar as authorities in …
Read More »Yes Bank to raise $2bn in share sale
Bloomberg Yes Bank Ltd., the Indian lender that was rescued this year after being inundated …
Read More »Zimbabwe’s CBZ to buy small banks in consolidation push
Bloomberg Zimbabwe’s biggest bank plans to buy several smaller lenders in a consolidation drive to …
Read More »European stocks gain amid economic support policies
Bloomberg European stocks snapped a two-day losing streak as investors kept faith with economic support …
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