France’s CMA CGM gets 1.05 billion euro loan partly backed by government
CMA CGM has arranged a 1.05 billion euro ($1.1 billion) syndicated loan to be 70% guaranteed by the French government, the shipping and logistics company announced on Wednesday.
France’s CMA CGM gets 1.05 billion euro loan partly backed by government
CMA CGM has arranged a 1.05 billion euro ($1.1 billion) syndicated loan to be 70% guaranteed by the French government, the shipping and logistics company announced on Wednesday.
For Hire: Central Europe’s business services firms spy a chance in crisis
As the COVID-19 pandemic wipes out jobs and empties offices across the world, companies in Central Europe that provide remote, lower-cost services for multinationals are emerging as winners in the new business order.
For Hire: Central Europe’s business services firms spy a chance in crisis
As the COVID-19 pandemic wipes out jobs and empties offices across the world, companies in Central Europe that provide remote, lower-cost services for multinationals are emerging as winners in the new business order.
Las Vegas Sands scraps plans for Japan integrated resort casino project
Las Vegas Sands said it has ended plans to open an integrated resort (IR) casino in Japan, dealing another blow to Japan’s attempts to energise its economy through tourism.
Las Vegas Sands scraps plans for Japan integrated resort casino project
Las Vegas Sands said it has ended plans to open an integrated resort (IR) casino in Japan, dealing another blow to Japan’s attempts to energise its economy through tourism.
TUI to make big cost cuts to survive pandemic hit
European travel company TUI said that it needed to cut its fixed cost base by 30% and thousands of jobs would be lost as it looks to right-size its business to survive in a market weakened by the coronavirus pandemic.
South Korean shoppers go the distance to beat Chanel price hike
More than a hundred shoppers waited in line to enter a store of French luxury brand Chanel in Seoul on Wednesday, shrugging off concern about a second wave of novel coronavirus infections to beat imminent price hikes.
Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
Nissan Motor Co plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales that could complicate its recovery from years of poor profitability.
Mexico’s president revs up car industry, and wider economy
President Andres Manuel Lopez Obrador will lay out a roadmap on Wednesday for Mexico to re-open its economy, with a focus on the automotive sector whose supply chains are closely interwoven with U.S. carmakers.
