Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone Group Inc in 2013 were valid but found that the purchaser's behaviour may entitle the Italian publisher to compensatory damages, RCS said on Tuesday.
Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone in 2013 were valid but found that the purchaser's behaviour may entitle the Italian publisher to compensatory damages, RCS said on Tuesday.
People eager to hit the shops again when English high street retailers, department stores and shopping centres reopen will face queuing and few opportunities to try products.
Low-cost carrier Ryanair challenged Germany's 9 billion euro rescue package for Lufthansa on Tuesday, saying it distorted competition, while the German carrier moves towards finalising the deal next month.
Colombian seamstress Nazly Penagos got an unusual offer from her boss: come live inside the Bogota factory to reduce the chance of getting sick with the novel coronavirus.
Heavy debts inherited from government bailouts and other fund-raising moves will delay the airline industry's recovery from the coronavirus crisis, a trade body said on Tuesday.
South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June, the cash-strapped airline said on Tuesday, as coronavirus lockdown restrictions ease.
Lufthansa is hoping for a quick nod from the European Commission for its 9 billion euro ($9.8 billion) bailout agreed on Monday to make sure the cash arrives in time for the company to stay afloat.
South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June as lockdown restrictions aimed at curbing the spread of the coronavirus ease, spokesman Tlali Tlali said on Tuesday.
Shoppers face more queuing and limited ability to try products when England's high street retailers, department stores and shopping centres reopen next month after the coronavirus lockdown.
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A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year to calm financial markets, an analysis of regulatory filings showed.
Thai Airways International Pcl on Tuesday submitted a request to a bankruptcy court for rehabilitation of its debt, the court said, which if approved would give the airline time to negotiate with its creditors.
JDE Peet's initial public offering drew strong investor interest as books opened on Tuesday, in an early indication of robust demand for an issue that aims to raise 2.3 billion euros ($2.5 billion) and revive a moribund IPO market.
Ryanair will contest a 9 billion-euro ($9.9 billion) German aid package for Lufthansa, the budget airline's Chief Executive Michael O'Leary said in a statement on Tuesday.
British low cost airline easyJet said chief financial officer Andrew Findlay plans to leave the company next year, in an announcement made just days after he survived an attempt by the airline's founder to oust him.
Inside the small-scale Iowa abattoir Stanhope Locker and Market, owner Shaunna Zanker yawns with exhaustion as she listens to yet another farmer asking her to slaughter his pigs.
South African maize farmers are expected to harvest more maize in 2020 compared with the previous season on the back of favourable weather conditions, a Reuters survey showed on Tuesday.
Reuters
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