Virgin Australia administrator to shortlist two bidders early next week
The administrator of Virgin Australia Holdings expects to shortlist two preferred bidders early next week after parties on Friday confirmed non-binding indicative proposals to acquire...
German official sees Lufthansa bailout in reach, demands fairness
The Berlin government is likely to reach a deal with Brussels on a $10 billion government bailout of stricken airline Lufthansa , senior government official...
Renault to restructure French factories in bid to slash costs
Renault said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to...
Renault to restructure French factories in high-stakes reboot plan
Carmaker Renault said on Friday it was launching talks with unions to restructure some French plants and potentially close others as it confirmed plans to...
Stocks slip as markets await Trump’s Hong Kong response
Stock markets dipped and safe-havens such as bonds and Japan’s yen firmed on Friday, as investors awaited Washington’s response to China tightening control over the...
China’s Geely raises $836 million from share sale
Geely Automobile Holdings Ltd said on Friday it raised HK$6.48 billion ($836 million) from a share placement as the Chinese automaker looks to replenish its...
With ‘Main Street’ in view, Fed weighs risks of job, productivity shocks
U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash...
Virgin Australia’s administrator to shortlist two bidders early next week
The administrator of Virgin Australia Holdings Ltd said it expected to shortlist two preferred bidders early next week after parties confirmed non-binding indicative proposals to...
Virgin Australia’s administrator to shortlist two bidders early next week
The administrator of Virgin Australia Holdings Ltd said it expected to shortlist two preferred bidders early next week after parties confirmed non-binding indicative proposals to...
Volkswagen pumps 2 billion euros into China electric vehicle bet, buys stakes in two firms
Volkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its...