Qatar Airways ups holding in BA-owner IAG to 25.1% with new $600 million stake
Qatar Airways has bought a $600 million stake in British Airways-owner IAG to increase its holding to 25.1%, advancing its strategy of building a global...
Exclusive: Unilever, 3M on list of firms eligible for China loans to ease coronavirus crisis – sources
Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co , as eligible for millions of dollars in...
Exclusive: India antitrust investigators see no evidence of collusion by IndiGo, SpiceJet and others – sources
Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo , and four rival carriers colluded to fix ticket prices,...
Metro Bank names interim boss Dan Frumkin CEO
Metro Bank’s interim chief executive officer, Dan Frumkin, will take over the CEO role on a permanent basis, the British lender said on Wednesday....
Qatar increases its stake in BA-owner IAG to 25.1%
Qatar Airways Group said on Wednesday it had increased its holding in British Airways-owner IAG to 25.1%, buying another stake worth $600 million as part...
Their market shut, traders in China’s Silicon Valley do business from bags
While coronavirus fears curtail much of China’s bustle, traders are getting back to business at the world’s largest electronics market, buying and selling from bags...
Oil rises amid hope for short economic hit from coronavirus outbreak
Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day in...
Deutsche Telekom sees slower core earnings growth this year
Deutsche Telekom forecast that growth in its core earnings would slow to 3% this year after a strong fourth quarter, as it looks finally to...
Oil gains as optimism grows economic impact of coronavirus outbreak may be brief
Oil prices gained 1% on Wednesday, with Brent rising a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day...
Uber closing office in downtown Los Angeles
Uber Technologies Inc is closing its office in downtown Los Angeles, where the ride-hailing company employs customer support staff, to focus on its bigger locations....