NMC Health requests delisting from LSE
Troubled hospital operator NMC Health said on Monday it requested its shares be delisted from the London Stock Exchange after they were suspended two months...
Australia’s NAB seeks $2.2 billion from investors, slashes dividend as virus halves profit
National Australia Bank Ltd asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend to the lowest in almost three decades, as its first-half...
Norwegian Air could soon run out of cash unless debt plan approved
Norwegian Air could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned...
UK airlines want coronavirus wage support scheme extended beyond June
Britain’s airlines want the government’s coronavirus wage support scheme to be extended beyond June, maintaining the assistance for longer with a only slow recovery in...
China’s market regulator inspects Luckin Coffee
Luckin Coffee said on Monday China’s State Administration for Market Regulation was carrying out work to understand the coffee chain’s operating situation and added that...
German airline Condor to receive loans worth 550 million euros: government
The German government and the federal state of Hesse have agreed to provide Condor with loans worth 550 million euros ($596.31 million), the economy minister...
NMC Health to delist from London Stock Exchange
Troubled hospital operator NMC Health on Monday said it requested London Stock Exchange to delist its shares after they remained suspended for two months....
Holiday Inn-owner taps Bank of England loans as room revenue sinks
Holiday Inn-owner InterContinental Hotels said on Monday it had raised 600 million pounds ($747 million) from Bank of England loans under the government’s coronavirus aid...
Adidas misses forecasts with 93% profit plunge, warns on sales
Adidas reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a deeper hit to second-quarter revenue as lockdowns...
Oil prices skid on oversupply, storage capacity fears
Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not come fast enough to...