Business

EasyJet raises £419m via share placement

British low-cost airline EasyJet, blighted by the coronavirus fallout, said Thursday it has raised £419 million ($523 million, 463 million euros) via a share placing as it tries to cope with disappearing demand for air travel.

Business

SoftBank to sell $21 billion in T-Mobile shares

Japanese tech investment behemoth SoftBank Group said Tuesday it will sell T-Mobile shares worth over $21 billion as it sheds assets to shore up its financial health.

Engineering

Report details best practices for concentrating solar power

So you want to build a concentrating solar power (CSP) plant. Have you developed a technical specification that clearly defines the key project requirements? Does your team have the relevant experience and knowledge to successfully ...

Business

Cathay Pacific shares end down after surge at open

Shares in Cathay Pacific ended lower Wednesday, having soared nearly 19 percent at the open, a day after the airline announced a multibillion-dollar government-led bailout plan.

Business

Warner Music surges in Nasdaq debut after IPO raises $1.9 bln

Warner Music Group, one of the globe's "big three" recording companies, jumped in its market debut Wednesday after raising more than $1.9 billion in an initial public offering that underscores how streaming has reinvigorated ...

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