Business
The EU's antitrust authorities on Monday told Rome to claw back a 400-million-euro loan given in 2019 to then struggling airline Alitalia, which the bloc ruled was "illegal".
Mar 27, 2023
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Business
Once hailed as a genius, South Korean entrepreneur Do Kwon—now facing multiple criminal charges over his failed cryptocurrency—was a brash industry figure whose fame disintegrated into global notoriety.
Mar 25, 2023
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Business
A key decision over whether Donald Trump's social media platform Truth Social will merge with a cash-rich company and get $1.3 billion to take on Twitter has been put off for another month.
Sep 9, 2022
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Business
High-profile fintech startups are being forced to cut valuation as global equity markets force companies to raise funds at a substantial discount, leaving consumers and regulators wondering what may happen next.
Aug 16, 2022
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Business
A Dallas-based cryptocurrency terminal that opened its platform to the public in September 2020 is already racing to the public trading markets.
Feb 2, 2022
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Business
Donald Trump's new social media company and its special purpose acquisition company partner say the partner has agreements for $1 billion in capital from institutional investors.
Dec 5, 2021
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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
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 1, 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 2, 2019
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