Garuda wins approval for debt extension, easing cash crunch
Indonesian flag carrier PT Garuda Indonesia won approval from investors to extend the maturity of a $500 million sukuk, easing a cash crunch as the…
Travel to Europe will be allowed again starting July 1
The European Union plans a “gradual and partial” easing of a ban on most travel to the bloc as of July 1, a top official…
After rollicking start, Cathay Pacific shares return to Earth
After surging the most in more than a decade, Cathay Pacific Airways Ltd. shares reversed course and closed down 1%, a day after the carrier…
Natural gas heads for record drop in global demand
The global natural gas market is poised for the biggest-ever drop in demand as a result of the Coronavirus crisis, an event that’s likely to…
Dread over impending anti-Huawei law grows at US companies
A quiet panic is spreading in Washington and corporate boardrooms that a law taking effect in two months, which bans Huawei Technologies Co. gear, will…
Macron needs more than $17 billion to save Airbus
Recent measures may not be enough to offset the impact of the crisis on aerospace firms.
China needs deeper reform after coronavirus, European firms say
China needs to reform more and remove barriers for foreign firms if it is going to attract and keep the overseas investment it needs after…
A booming airline business: Shipping pigs to China in 747 jumbo jets
The coronavirus has wreaked havoc on commercial aviation, but Alexey Isaykin’s cargo carrier has been fully loaded. Volga-Dnepr Group has flown more than 3,000 breeding…
Argentina mulls export sweetener to bridge gap in debt talks
Argentine officials may offer warrants linked to the South American nation’s agricultural exports to close the gap with top creditors in debt restructuring talks, according…
US plans oil tanker sanctions to cut Iran-Venezuela trade
The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between…
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