Prosus urges Just Eat shareholders to accept its offer, reject Takeaway bid
Dutch technology company Prosus NV on Wednesday urged shareholders of Britain’s Just Eat PLC to accept its unsolicited 4.9 billion pound ($6.3 billion) cash bid for the company by Dec. 10, and spurn an alternative offer as too risky.
Norwegian Air appoints new CEO to lead restructuring
Loss-making Norwegian Air has appointed a new chief executive to take charge of the budget carrier’s ongoing restructuring, the board said on Wednesday.
Alibaba raises up to $12.9 billion in landmark Hong Kong listing
Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale.
Swedbank pledges prompt release of money laundering probe
Swedbank pledged on Wednesday to conclude an internal probe into alleged money laundering at the Swedish lender by early next year, and said it was unaware of any breaches of U.S. sanctions after a broadcaster alleged such a lapse.
Swedbank pledges prompt release of money laundering probe
Swedbank pledged on Wednesday to conclude an internal probe into alleged money laundering at the Swedish lender by early next year, and said it was unaware of any breaches of U.S. sanctions after a broadcaster alleged such a lapse.
Crunch talks lead to Emirates order for 30 Boeing Dreamliners
Emirates unveiled an $8.8 billion order for 30 Boeing 787-9 Dreamliners after intense last-minute talks at the Dubai Airshow on Wednesday, paving the way for a reduction in orders for the delayed 777X airliner.
Crunch talks lead to Emirates order for 30 Boeing Dreamliners
Emirates unveiled an $8.8 billion order for 30 Boeing 787-9 Dreamliners after intense last-minute talks at the Dubai Airshow on Wednesday, paving the way for a reduction in orders for the delayed 777X airliner.
Unions up ante at South African Airways as finances approach crunch
Unions are escalating a crippling strike at South African Airways (SAA) after talks broke down, leaving the state-run carrier at risk of liquidation without a government guarantee to secure bank funding, a board member said.
Unions up ante at South African Airways as finances approach crunch
Unions are escalating a crippling strike at South African Airways (SAA) after talks broke down, leaving the state-run carrier at risk of liquidation without a government guarantee to secure bank funding, a board member said.
Flare-up of Sino-U.S. tensions over Hong Kong knocks world shares off 22-month high
World stocks were knocked off 22-month highs on Wednesday as a renewed flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a bid for bonds and other “safe” assets such as gold.