Singapore’s Scoot to convert six Airbus orders to larger A321neos, lease 10
Singapore Airlines Ltd’s budget offshoot Scoot said on Monday it would convert six Airbus SE A320neo orders to the larger A321neo model and lease another 10 A321neos to help meet the airline’s growth goals.
Grab commits $2 billion to Indonesia with SoftBank’s backing
Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan’s SoftBank Group Corp, marking its biggest commitment in the region’s most populous market.
Barclays, JP Morgan among banks facing UK class action over forex-rigging
Barclays , JP Morgan , RBS , UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain.
Global shares ease ahead of Fed test, dollar hits two-month high
Global shares eased on Monday and the dollar hit a two-month high against a basket of currencies as markets counted down to a likely cut in U.S. interest rates this week, with much riding on whether the Federal Reserve signals yet more are to come.
LSE’s $27 billion Refinitiv takeover plan lifts its shares to record
London Stock Exchange shares rose more than 15% to a record high on Monday after it said it was in talks to buy financial data firm Refinitiv, in a deal worth $27 billion including debt.
Heineken’s beer boost offset by higher aluminum costs
Heineken NV on Monday missed estimates for first-half profits, as higher packaging costs offset increased beer sales, but the world’s second-largest brewer stuck with its full-year profit growth forecast.
Barclays, JP Morgan among banks facing UK class action over currency-rigging
Barclays , JP Morgan , RBS , UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain.
LSE shares jump after proposed $27 billion Refinitiv deal
Shares in London Stock Exchange Group Plc rose more than 10% on Monday after the British company said late Friday it was in discussions to buy Refinitiv Holdings Ltd in deal worth $27 billion including debt.
Lufthansa considers holding structure: Handelsblatt
German airline Lufthansa is considering adopting a corporate holding structure to simplify its operations, improve profitability and regain the support of investors, newspaper Handelsblatt reported on Monday.
Grab to invest $2 billion in Indonesia using funds from SoftBank
Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan’s SoftBank Group Corp, which wants to increase its exposure to the region’s most populous market.
