International Business

How World's Biggest IPO Unraveled In A Chaotic 72 Hours

How World's Biggest IPO Unraveled In A Chaotic 72 Hours

Bloomberg News | Thursday November 05, 2020

Shares of Alibaba Group Holding Ltd., which owns about a third of Ant, tumbled more than 8% on Tuesday in New York for the steepest drop in five years.

Almost 200 European Airports Face Insolvency, Says Airports Body

Almost 200 European Airports Face Insolvency, Says Airports Body

Reuters | Tuesday October 27, 2020

Data from ACI showed passenger traffic at European airports decreased 73% year-on-year in September, with 172.5 million passengers lost.

UK Economy Contracts By 20.4% In June Quarter

UK Economy Contracts By 20.4% In June Quarter

Written by Sakshi Bajaj | Wednesday August 12, 2020

Lockdown measures led to record quarterly decline in services, construction and production.

Lufthansa, German Government Agree On $9.8 Billion Rescue Package: Report

Lufthansa, German Government Agree On $9.8 Billion Rescue Package: Report

Reuters | Monday May 25, 2020

The carrier said last week it was in advanced talks on a deal that would involve the government taking two seats on its supervisory board.

Coronavirus Takes Toll On Global M&A As $1 Billion Deals Disappear

Coronavirus Takes Toll On Global M&A As $1 Billion Deals Disappear

Reuters | Monday April 20, 2020, HONG KONG

The dearth of mega deals comes as countries across the world have shut down large swathes of their economies as they battle the COVID-19 pandemic.