Bloomberg South African Airways (SAA) plans to lay off its entire 4,700-strong workforce after failing ...
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Virgin Australia gets $127mn lifeline offer from Queensland
Bloomberg Virgin Australia Holdings Ltd has been offered a A$200 million ($127 million) lifeline from ...
Read More »GE scraps $6.9bn order for 737 Max in hit to Boeing
Bloomberg General Electric Co’s aircraft-leasing division scrapped orders for the 737 Max worth at least ...
Read More »JC Penney creditors tussle in talks over need for bankruptcy
Bloomberg JC Penney Co, its stores shut and revenue all but extinguished by the pandemic, ...
Read More »Southwest grabs spot as world’s largest airline
Bloomberg Southwest Airlines, a discounter that flies mostly in the US, is the world’s largest ...
Read More »Mena’s M&A transactions hit $14.8b in first quarter of 2020
Dubai / Emirates Business The value of announced mergers and acquisitions (M&A) transactions with any ...
Read More »Oil hits 18-year low over demand woes
Bloomberg Oil was anchored near $20 a barrel as concerns over virus-led demand destruction outweighed ...
Read More »ECB will do ‘everything’ to help economy: Lagarde
Bloomberg The European Central Bank (ECB) will do its bit to help the region’s economy ...
Read More »Net value of share investments by UAE citizens jumps to AED2.4b
Abu Dhabi / WAM The net value of share investments by UAE citizens jumped to ...
Read More »Emirates adds three flights to Manila
Dubai / Emirates Business To help more Filipinos in the UAE get home, Emirates plans ...
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