DP World returns to full state ownership, takes on $8.1 billion debt
Dubai is to take full control of port operator DP World in a deal with a $13.9 billion valuation that will help the company at...
Chinese support measures buoy world stocks
Global shares were buoyant on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed...
Facebook warns of risks to innovation, freedom of expression ahead of EU rules
Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union...
Alstom in talks over $7 billion Bombardier rail deal
France’s Alstom is in talks to buy the train business of Canada’s Bombardier in a potential $7 billion deal that marks the latest attempt by...
WTO gives somber outlook for global trade, sees virus threat
Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the...
World shares inch up on Chinese support measures
Global shares inched higher on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed...
Alstom confirms talks on potential $7 billion Bombardier deal
French train maker Alstom has confirmed it is in talks on the possible acquisition of the train business of Canada’s Bombardier , a potential $7...
Cathay Pacific flags ‘significant’ drop in first-half profit, capacity cuts due to coronavirus
Cathay Pacific Airways is expecting a significant drop in its first-half results and has also cut capacity due to the coronavirus outbreak, it said on...
Global shares edge higher on Chinese support measures
Global shares rose on Monday as the promise of further policy stimulus to counteract the economic hit from a coronavirus outbreak calmed nervous investors....
Cathay Pacific expects coronavirus hit to first-half results
Cathay Pacific Airways on Monday said it expected a significant drop in its first-half results due to the coronavirus outbreak, causing it to cut capacity....