Business
Norway's government said Friday it will give low-cost carrier Norwegian Air Shuttle a 1.5 billion kroner ($173 million) loan as long as the ailing company manages to raise at least 4.5 billion kroner ($520 million) from other ...
Jan 29, 2021
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Business
Norway's government said Thursday it will help ailing low-cost carrier Norwegian Air Shuttle - a U-turn from its previous refusal to do so - as long as the company manages to raise 4.5 billion kroner ($529 million) from other ...
Jan 21, 2021
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Business
Companies that cater to the "new normal" of working and shopping from home are rushing to go public.
Sep 24, 2020
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Business
Virgin Atlantic is "close" to securing a deal to recapitalise the struggling British airline as the coronavirus pandemic slashes demand for air travel, a source told AFP Wednesday.
Jul 01, 2020
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Business
Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the renowned British travel group went bust and left hundreds of thousands of holidaymakers stranded abroad.
Nov 02, 2019
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Energy & Green Tech
Anyone who has ever steered a child's kite knows the feeling: The wind grips the kite and pulls the string. The string is quickly tensioned, the spindle rotates between the fingers and is difficult to control. The question ...
Oct 01, 2019
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Business
WeWork, which replaced its controversial chief executive last week, announced Monday that it will withdraw a plan to go public for now as it shifts into austerity mode.
Sep 30, 2019
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Business
Condor, the German airline subsidiary of British travel giant Thomas Cook, said Monday it was requesting financial aid from Berlin to help keep it in the air even after its parent company declared bankruptcy.
Sep 23, 2019
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Business
Thomas Cook's 178-year existence was hanging by a thread on Sunday after the iconic British travel firm struggled to find further private investment and is now relying on an unlikely government bailout.
Sep 22, 2019
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Internet
Working in secrecy for a year, the Telegram messaging service has a plan: to beat Facebook in the race to launch a cryptocurrency with its new project "Gram".
Sep 04, 2019
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