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A lot of companies are interested in purchasing Norwegian Air Shuttle, Bloomberg reports referring to the management of the Norwegian airline. Two proposals by IAG, which owns British Airline, have already been rejected. Lufthansa also intends to make an offer. According to the management of Norwegian Air, the airline is more suitable for a European carrier than for a buyer from the United States and Asia. However, the final decision will depend on the price, as well as such factors as the consequences for employees of the company. Shown by Lufthansa interest increased the price of Norwegian Air shares by 12%. The market value of Norwegian Air at the moment is 12 billion 700 million krona.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
Gold prices rose earlier on Thursday in Asia, continuing gains from the previous sessions after the U.S. Federal Reserve decided on Wednesday to keep the benchmark rate near zero. Gold futures gained 1.19% at $1,741.25 per ounce at 12:24 AM ...
Canada’s Prime Minister Justin Trudeau announced on Saturday that he was committed to looking at possible ways to help airlines that were severely affected by the pandemic. Yet the Canadian prime minister laid out no new measures and ...
The dollar firmed on Monday as the market mood was weighed by arising global tensions with China and the prospect of negative interest rates. The dollar firmed at 107.25 against the range-bound yen as Japan fell into recession for the first ...
Korean Air Co. Ltd. (003490.KS), South Korea’s largest airline and flag carrier, plans to sell new shares worth 1 trillion Won ($817 Million) in its biggest rights issue in 20 years. The company came up with self-rescue measures on Wednesday ...
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