In a statement, Lufthansa’s spokeswoman said, it is in talks with the German government over a $9.8 billion bailout package; it aims to resume flights to 20 destinations, including holiday hot spots, starting from mid-June. Destinations include Rhodes, Mallorca, Faro,… Read More ›
According to a source familiar with the matter at hand, Aston Martin’s CEO Andy Palmer is leaving the company as part of a review of the management team. He will be replaced by Mercedes-AMG’s CEO Tobias Moers. In a statement,… Read More ›
On Monday, Spain’s Minister of Industry, Trade and Tourism Reyes Maroto said, foreign tourists will be allowed to book vacations in the country from July following the suspension of the two-week self-quarantine period for overseas travelers by then. Tourism dependent… Read More ›
With the effects of climate change becoming ever more palpable, Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM) is turning up the heat against a range of carbon emitting industries paving the way for other funds to… Read More ›
On Monday, Japanese beer maker Asahi Group Holdings stated, it will take on $11 billion (1.185 trillion yen) when it borrows the sum from Sumitomo Mitsui Banking Corp (SMBC) to pay for its acquisition of Anheuser-Busch InBev’s Australian subsidiary. In… Read More ›
