Qatar Airways and Emirates are the only customers with firm orders for Boeing’s 777-8 model; its date of entry into service will partly depend on customer demand. On Thursday, according to a statement from the chief executive of Qatar Airways,… Read More ›
Romania has also initiated talks to lobby for the investment. Turkey’s military offensive in Syria is taking a toll on its economy: Bulgaria said, it is ready to offer more incentives to Volkswagen for it to build a new plant… Read More ›
The deal is worth nearly $1.3 billion at list prices. According to two industry sources, Airbus has sold ten A321neo aircraft to Sky Airline, a Chilean budget carrier. The scope of the deal was included in a monthly Airbus order… Read More ›
Babej joined Citi in 2010 as its co-head having previously worked at investment bank Lazard and Deutsche Bank. On Thursday, in an internal memo Citigroup Inc stated, it has named Peter Babej, who currently is its current global head, as… Read More ›
The deal comes midst a stalking horse purchase agreement. In securities filing, Barneys New York Inc, a U.S. luxury department-store chain, stated it has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank… Read More ›
The proceeds will be used to reduce the company’s debt load and help execute its five-year strategic plan. In a securities filing, Brazil’s state-run power firm stated, its board of directors has approved an extraordinary shareholders meeting to decide upon… Read More ›
It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›
Office sharing startup may opt for JPMorgan’s financing package over Japan’s SoftBank Group Corp’s offer which comes with more strings attached. According to a report from Bloomberg, WeWork prefers the option of a near $5 billion financing package led by… Read More ›
The development underscores a growing closeness between Moscow and Riyadh. In a development that underscores growing trade relations between Saudi Arabia and Russia, Kirill Dmitriev, the chief executive officer of Russian sovereign wealth fund RDIF stated, a number of Russian… Read More ›
Kuala Lumpur’s relations with New Delhi took a downward turn following Malaysian Prime Minister Mahathir Mohamad alluding to an Indian state as a separate country in the United Nations. According to a report from news wire Bernama, Malaysia’s Prime Minister… Read More ›
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