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Bloomberg AirAsia Group Bhd shares slumped nearly 18% when trading resumed following a suspension that …
Read More »AirAsia falls on doubts about continuing as going concern
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Ann Taylor owner plans bankruptcy
Bloomberg Ascena Retail Group Inc, the owner of mall brands that occupy almost 3,000 stores …
Read More »South African Airways unions accept severance packages
Bloomberg South African Airways (SAA) cleared another hurdle needed to ensure the state-owned carrier’s survival …
Read More »United Airlines says 36,000 jobs at risk once US aid ends
Bloomberg United Airlines Holdings Inc notified 36,000 employees, or 45% of its US workforce, that …
Read More »Lufthansa starts cutting jobs, reducing its fleet
Bloomberg Deutsche Lufthansa AG will cut 20% of managerial positions and accept no more than …
Read More »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 …
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