Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new temporary administrator Giuseppe Leogrande told members of a parliamentary committee.
Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new temporary administrator Giuseppe Leogrande told members of a parliamentary committee. In November, after months of talks, railway group Ferrovie dello Stato, U.S. carrier Delta Air Lines and infrastructure group Atlantia backtracked on a plan to rescue the carrier. Alitalia, which has been through two previous unsuccessful reorganizations, is due to receive a further 400 million euros from the government, in addition to the 900 million euros the state has injected since …read more […]
It was a record year for the stock market in 2019, but it might not be as great this year, according to one veteran strategist. …read more […]
As American markets continue to soar, it’s time to shop for high-yield stocks in emerging markets and Europe Continue reading… …read more […]
If you’re interested in Turquoise Hill Resources Ltd. (TSE:TRQ), then you might want to consider its beta (a measure… …read more […]
Oil prices fell about 1% on Tuesday, surrendering some of the gains of recent days as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander last week.
The industry saw multiple bankruptcy filings in 2019. …read more […]
Luca de Meo, the head of Volkwagen’s Spanish brand Seat, is stepping down from his current role, a source close to the matter told Reuters on Tuesday.
Marsh & McLennan Companies Executive Vice President and General Counsel Peter Beshar join On The Move to discuss what an Iranian cyberattack could look like and what company’s can do to prepare for an attack. …read more […]
Goldman Sachs Group Inc unveiled details about its consumer business for the first time on Tuesday and will start disclosing its results regularly as part of a broader reporting-line shuffle, responding to long-standing requests for more transparency from analysts and investors. The changes are part of Chief Executive Officer David Solomon’s effort to get Goldman in line with rivals like JPMorgan Chase & Co that have bigger consumer businesses and share mor
Beware of the first quarter 2020 stock market correction. Here’s what you do if it happens. …read more […]
In 2011 Stan Erck was appointed CEO of Novavax, Inc. (NASDAQ:NVAX). This report will, first, examine the CEO… …read more […]
Wall Street’s main indexes fell on Tuesday, dragged down by oil and healthcare stocks as investors nervously awaited further developments on the U.S.-Iran conflict.
My top 5 investment ideas for 2020 and beyond Continue reading… …read more […]
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
