Prospective bidders of struggling Jet Airways Ltd need to settle the airline’s existing debt as part of any deal to buy a stake in the carrier, its consortium of lenders led by State Bank of India (SBI) said in a statement on Monday.
Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia’s biggest ride-hailing firm said, just weeks after it announced funding of over $4.5 billion in the region’s largest private financing round.
U.S buyout firm Carlyle Group has agreed to buy a 30 to 40 percent stake in Spanish energy company Cepsa from Abu Dhabi state investor Mubadala, valuing the stake at as much as $4.8 billion.
The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts suffer from shortages of the biofuel.
U.S buyout firm Carlyle Group has agreed to buy a 30 to 40 percent stake in Spanish energy company Cepsa from Muabdala based on an enterprise value of $12 billion, the Abu Dhabi wealth fund said on Monday.
Lots of workplaces have a hot seat. At the Jeep assembly plant in Toledo, Ohio, there is a “sweet seat.”
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, and strong U.S. jobs data.
Nissan Motor Co shareholders ousted erstwhile boss Carlos Ghosn as a director on Monday, severing his last ties with the company he rescued from near-bankruptcy two decades ago and from which he is now accused of siphoning funds.
Prospective bidders of struggling Jet Airways Ltd need to settle the airline’s existing debt obligations as part of any deal to take over the airline, Jet’s consortium of lenders, led by State Bank of India (SBI), said in a statement.
Nissan Motor Co shareholders voted former chairman Carlos Ghosn out as a director on Monday, severing his last ties with the automaker.
Oil prices rose to their highest level since Nov. 2018 on Monday, driven up by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela and strong U.S. jobs data.
Nissan Motor Co is considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct, the automaker’s chief executive told shareholders on Monday, adding the scandal would not be fixed overnight.
Korean Air patriarch, chairman and CEO Cho Yang-ho died of a chronic illness on Monday, the airline said, raising hopes for leadership renewal just weeks after investors removed him from the board in a victory for shareholder activism.
A video recorded by ousted Nissan Motor boss Carlos Ghosn will be shown Tuesday afternoon at a press conference to be held by his lawyer, Kyodo News reported.
Nissan Motor Co Ltd Chief Executive Hiroto Saikawa began an extraordinary shareholders meeting on Monday by apologising for the scandal involving ousted boss Carlos Ghosn and said the issue could not be fixed overnight.
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