Norwegian Air shareholders back $1 billion rescue plan
Norwegian Air shareholders backed its financial survival plan on Monday, with more than 95% of votes cast supporting the conversion of nearly $1 billion of...
Norwegian Air shareholders back rescue plan: reports
Norwegian Air shareholders backed key elements of its financial survival plan on Monday, local media reported, with about 95% of votes cast supported converting debt...
Telefonica shares rise on O2-Virgin Media merger talks
Shares in Spain’s Telefonica SA rose on Monday to post the only strong gains on an otherwise almost entirely red Madrid index, after the company...
Stocks fall as U.S./China tensions threaten rebound
European stock markets and oil prices fell on Monday as a spat between top U.S. officials and China over the origin of the coronavirus fuelled...
Norwegian Air’s shareholders vote in favour of rescue plan: DN
Norwegian Air’s shareholders gave their backing on Monday to the company’s financial survival plan, with about 95% of votes cast supporting the conversion of debt...
HSBC to buy out life insurance joint venture partner in China
HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner’s 50% stake to own fully the...
J. Crew files for bankruptcy protection
J. Crew Group Inc filed for bankruptcy protection on Monday, adding to an array of brick-and-mortar retailers pushed to the brink by widespread store closures...
Oil prices fall on demand concerns, U.S.-China trade tension
Oil prices fell on Monday, paring last week’s gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that...
EU clears 7 billion euros in state aid for Air France
The European Union’s competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France , saying the support would...
Norwegian Air’s shareholders to vote on pivotal rescue plan
Norwegian Air’s shareholders began a pivotal meeting on Monday to vote on a plan to convert debt into equity and raise more cash that could...