Auckland Airport in $1b plus equity raising

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Auckland Airport in $1b plus equity raising

Auckland International Airport will go to investors with an equity raising worth about $1 billion on Monday. It is understood the airport owner has a deal underwritten by Citi, Credit Suisse and the Swiss bank’s Kiwi affiliate Jarden, and the brokers will be selling …
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Wolf administration announces new resource for manufacturers to produce COVID-19-related supplies

HARRISBURG, Pa, (WHTM) – On April 4 Department of Community and Economic Development (DCED) Secretary Dennis Davin announced the creation of the Pennsylvania Manufacturing Call to Action Portal, which will mobilize manufacturers that are …
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'Unprecedented' Economic Contraction, But When Does It End?

Impatient yet? Ready to get on with life? Get in line. If we are lucky, we may get where we need to be by Memorial Day. The “stop the world” moment, which guys like Microsoft MSFT “virologist” Bill Gates thinks requires a 10-week lockdown of the U.S. …
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RavnAir Group suspends all flight operations in response to COVID-19

Gates leading to the RavnAir Group at the Ted Stevens Anchorage International Airport were locked Sunday, April 5. (Dave Leval / KTVA). The RavnAir Group is halting flight operations in Alaska after an “unprecedented loss” of revenue amid the COVID-19 …
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India Inc sees significant hit to earnings in the near term

India Inc. may incur a collective revenue loss of more than 10% as well as a 5% drop in net profit in the March and June quarters because of the adverse impact of covid-19 on the overall economic activity in the country, according to a survey conducted by …
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