Ruffini Partecipazioni, the investment vehicle of Moncler CEO Remo Ruffini, said on Tuesday it would place shares equal to a stake of around 3.2% in the Italian luxury puffer jacket maker via an accelerated bookbuilding process.
U.S. low-cost airlines Frontier and Sun Country plan to raise cash through initial public offerings (IPOs) as they prepare for a rebound in pandemic-hit travel.
Belgian postal company bpost on Tuesday forecast a 2021 core profit below market expectations, as it expects a strong volume decline in domestic mail throughout the year.
Boeing Co said on Tuesday it delivered 22 aircraft in February, up from 17 a year earlier, and that its net orders had turned positive for the first time in 14 months as COVID-19 vaccine rollouts boosted the confidence of its airline customers.
Shares in Italy's Triboo rose more than 6% on Tuesday after the digital group said it had signed an agreement with Chiara Ferragni to manage the online store for the influencer's brand.
German minerals miner K+S on Tuesday said it expected 2021 core profit of 440-540 million euros ($523-$642 million) after its 2020 core profit came in above expectations.
A tie-up between leasing giants AerCap and General Electric unit GECAS would reshape global air finance and reunite entities torn apart in one of Ireland's most spectacular corporate collapses three decades ago.
Ferrari's Formula One team has singed a multi year agreement with Giorgio Armani, which will supply branded clothing for all the racing team's off-track duties, Scuderia Ferrari and the Italian fashion house said on Tuesday.
Liberty Steel has adequate financing to meet its current requirements and is seeking long-term alternatives, its owner Sanjeev Gupta told British trade unions on Tuesday, after major financial backer Greensill Capital went into administration.
Copper fell on Monday after modest economic growth targets from China and indications that it could pull back on credit expansion, though analysts remained positive on the metal's long-term fundamentals.
British tycoon Sanjeev Gupta told UK trade unions on Tuesday that his Liberty Steel business had adequate financing after major financial backer Greensill Capital went into administration.
Shortly after the military seized power, 55 foreign investors in Myanmar from Coca Cola to Facebook signed a statement committing to the country and employees there during developments of "deep concern".
Five human rights advocacy groups on Tuesday called on the European Union not to endorse the most important accreditor of gold refineries, a move that would create headaches for European bullion importers.
Austria was one of 17 European countries to receive doses from a batch of AstraZeneca's COVID-19 vaccine that Austrian authorities have stopped using while investigating a death and an illness following their use, a senior health official said on Tuesday.
Turkey named Salim Arda Ermut the new chief executive of its wealth fund on Tuesday in the latest in a flurry of top level changes that began in early November when a new central bank governor and finance minister were appointed.
A tie-up between leasing giants AerCap and General Electric unit GECAS would reshape global air finance and carve out a new chapter in one of Ireland's greatest corporate adventures.
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