Bondholders in Virgin Australia Holdings Ltd, in administration since April, on Monday submitted an updated proposal to take over the struggling company that rivals the approach from Bain Capital selected by administrator Deloitte.
China stocks rose 3% on Monday, led by financial firms, after regulators moved to bolster the market by lifting equity investment cap for insurers and encouraging mergers and acquisitions among brokerages and mutual fund houses.
Virgin Australia Holdings Ltd bondholders on Monday submitted a draft deed of company arrangement proposal to the airline's administrator Deloitte to rival one from Bain Capital, according to a spokesman for the bondholders.
The steepest dive in cocoa demand in a decade has thrown into jeopardy a plan by top producers Ivory Coast and Ghana to guarantee some two million farmers a living wage, sources within the countries' regulators said.
Canadian Foreign Minister Francois-Philippe Champagne confirmed in a tweet https://bit.ly/30uHtB1 on Sunday that the black boxes of a downed Ukrainian airliner that killed all 176 people on board in January had arrived in Paris, ending a months-long standoff.
Testing of imported food for the novel coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports.
A group of 50 British lawmakers, retailers such as Marks & Spencer and New Look, and investors and NGOs called on Monday for urgent action to prevent the exploitation of garment factory workers in the United Kingdom.
South Africa is considering an independent board for its ailing national airline, with a shareholder structure similar to that of part state-owned telecoms firm Telkom, a senior government minister told the local eNCA news channel on Sunday.
Iranian health officials sought on Sunday to play down the president’s estimate that some 25 million people have been infected with the coronavirus, saying it was based on serological blood tests that measure exposure to the illness and that cannot be relied on to show the current state of disease.
China on Sunday raised the flood alert level in the Huai River region in the country's east to Level II from Level III, the second highest on its four-tier scale, after days of torrential downpours and amid expectations of further heavy rainfall.
EssilorLuxottica has filed a legal action to obtain information from its acquisition target GrandVision about its management of the coronavirus crisis, the French-Italian maker of Ray-Ban said on Saturday.
Two of the world's largest meatpackers said on Friday they have installed ultraviolet air cleaning equipment in some U.S. plants, as pressure mounts on food companies to protect workers amid growing concerns about airborne transmission of the coronavirus.
Two of the world's largest meatpackers said on Friday they have installed ultraviolet air cleaning equipment in some U.S. plants, as pressure mounts on food companies to protect workers amid growing concerns about airborne transmission of the coronavirus.
The U.S. Commerce Department said on Friday it had opened an investigation into whether producers of phosphate fertilizers in Morocco and Russia are receiving unfair subsidies.
Testing of imported food for the novel coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports.
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in
Testing of imported foods for the new coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports.
A Ryanair aircraft has landed safely at Oslo's main airport after receiving a bomb threat while in the air, Norwegian police wrote on Twitter on Friday.