Brazilian energy firm Raizen, a joint venture between Cosan SA and Royal Dutch Shell PLC, has chosen four investment banks to manage its initial public offering, expected to be one of the largest this year, raising up to 13 billion reais ($2.25 billion), four people familiar with the matter said on Monday.
A study of analyst recommendations at the major brokerages shows that Kirkland Lake Gold Ltd (TSX: KL.TO) is the #1 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Gl
American Airlines said on Monday it expects to fly most of its fleet in the coming months thanks to strong domestic and short-haul international bookings as COVID-19 infection rates and hospitalizations decline and more people receive vaccines.
Malaysia's budget airline AirAsia Group Bhd reported a record quarterly loss on Monday, as depreciation and impairments deepened the impact of lockdowns, but said it was confident of a full recovery in two years' time.
U.S. budget carrier Southwest Airlines Co said on Monday it had reached a deal with planemaker Boeing Co for 100 orders for a variant of the 737 MAX aircraft, with the first 30 jets scheduled for delivery in 2022.
Rolls-Royce said it had started building its new greener UltraFan engine and aims to have the first demonstrator model completed by the end of the year, in what it hopes will be a boost to both it and the environment.
Private equity firm Carlyle Group said on Monday an affiliate of Carlyle Aviation Partners, its aviation investment arm, will buy aircraft leasing company Fly Leasing Ltd for an enterprise value of $2.36 billion.
U.S. budget carrier Southwest Airlines Co said on Monday it had reached a deal with planemaker Boeing Co for 100 orders for a variant of the 737 MAX
aircraft, with the first 30 jets scheduled for delivery in 2022.
Malaysia's budget airline AirAsia Group Bhd reported a record quarterly loss on Monday, as depreciation and impairments added to the impact of domestic lockdowns.
Treasury Wine Estates Ltd, the world's largest standalone winemaker, said on Monday that Beijing had imposed a final combined 175.6% anti-dumping and countervailing duty rate on its Australian wine imports into China, its biggest market.
Singapore wealth fund GIC has agreed to buy a 2.5% stake in Europe's largest mobile phone towers operator Cellnex from Edizione, the Benetton family's investment firm, Edizione said on Friday evening.
France and the European Union are close to a deal on a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Finance Minister Bruno Le Maire said on Monday, confirming media reports.
France and the European Union are close to a deal on a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Finance Minister Bruno Le Maire said on Monday,
Japanese shares rose on Monday, lifted by optimism around corporate earnings and U.S. economic recovery, while Nomura Holdings fell the most in a decade after it flagged a potential $2 billion loss.
A digital illustration by a prominent Chinese propaganda artist mocking Western governments, media and businesses critical of labour conditions in Xinjiang has gone viral on China's social media.
Deutsche Lufthansa's unit Swiss could announce additional job cuts in the second quarter as the pandemic crimps air travel, its chief executive told Swiss newspaper SonntagsBlick.
The French government and the European Union's executive are close to an agreement on the terms of a bailout for Air France, which like other carriers has been hammered by the coronavirus pandemic, Le Monde reported.