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....
Timeline: NMC Health’s expansion and ailments
NMC Health said on Monday its founder BR Shetty had resigned as joint non-executive chairman, months after the UAE healthcare group was thrown into turmoil...
NMC Health founder Shetty resigns as turmoil deepens
NMC Health said on Monday its founder BR Shetty had resigned as the Emirati healthcare group’s joint non-executive chairman, leaving UK businessman H.J. Mark Tompkins...
William Hill names DS Smith’s Adrian Marsh as CFO
British bookmaker William Hill on Monday named cardboard maker DS Smith’s Chief Financial Officer Adrian Marsh as its finance head....
Japan on brink of recession as economy contracts, virus heightens risk
Japan’s economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending,...
GM shuts Australia, NZ operations; sells Thai plant to Great Wall
General Motors Co said it would wind down its Australian and New Zealand operations and sell a Thai plant in the latest restructuring of its...
Alstom confirms talks underway to buy Bombardier Transportation
French transport infrastructure company Alstom said on Monday it was in talks over a possible acquisition of the train business of Canadian company Bombardier ,...