IAG boosts its total liquidity by £2.45 billion

IAG boosts its total liquidity by £2.45 billion

IAG also said it continued to explore other debt opportunities to improve its finances. IAG said that in order to clinch the deferral of £450m worth of pension deficit contributions due between October 2020 and September 2021 …
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SC bars NCLT from finalising orders allowing $3.4 bn Future-Reliance deal

A bench headed by Justice Rohinton Nariman also ordered that while the proceedings before National Company Law Tribunal (NCLT) can go on, they should not culminate in any final order of sanction of the scheme. “Issue notice. Dasti in addition. To come up …
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China Enlists Ant-backed MYbank in Expanding Digital Yuan Trial

MYbank’s service will soon be introduced to the People’s Bank of China’s digital yuan app, people familiar said, requesting not to be identified because the matter is private. Tencent-backed WeBank will also participate, one of the people said.
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Boeing recommends airlines suspend use of some 777s after United incident

The moves involving Pratt & Whitney PW4000 engines came after a United Airlines 777 landed safely in Denver on Saturday local time after its right engine failed. United said the next day it would voluntarily and temporarily remove …
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Billionaire Sawiris Backs $4.7 Billion Signature Takeover

… led by Blackstone Group Inc. and Global Infrastructure Partners, according to a statement Monday that confirmed an earlier Bloomberg News report.
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