Lufthansa to sell rest of catering unit LSG in 2020

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Lufthansa to sell rest of catering unit LSG in 2020

BERLIN (Reuters) – Lufthansa (LHAG.DE) will initiate the sale of the parts of its catering unit LSG it is not selling to Switzerland’s Gategroup (GGRUF.PK) early next year, the German carrier said on Monday. Lufthansa announced last month it is selling the …
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Tullow Oil CEO steps down; scraps dividends on Ghana problems

(Reuters) – Tullow Oil Plc (TLW.L) on Monday said its Chief Executive Officer Paul McDade has resigned and the oil and gas explorer also scrapped its dividends, as it continues to face issues at its main producing assets in Ghana. The company has been …
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A week after tariff hikes, Jio, Airtel, Vodafone Idea offer cheaper plans

When Bharti Airtel Ltd and Vodafone Idea Ltd raised tariffs by upto 50% in early December, analysts had said this can boost their revenues by about 23%. The increase in tariffs was the highest for those using 1GB/day plans, because the new plans …
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Australia's Westpac makes first court appearance for money-laundering hearing

(Reuters) – Australia’s No.2 bank Westpac Banking Corp (WBC.AX) on Monday made its first court appearance for a case where it is accused of 23 million alleged breaches of anti-money laundering laws, and said the next hearing was scheduled for …
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Walmart launches Supplier Development Program in India

New Delhi: Walmart Inc. on Monday said it is rolling out a programme designed to work closely with 50,000 medium and small enterprises (MSME’s) across India to help them scale, build capacity, and perhaps be part of global supply chains. The Walmart …
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