Cebu Pacific, Airbus, and Pratt & Whitney forge a $24 billion deal
In the bustling environment of the Farnborough Air Show, Cebu Pacific, Airbus, and Pratt & Whitney celebrated a landmark moment with the signing of a [more…]
Category: U.S.
Delta’s IT outage grounds thousands, CEO apologizes
In a stunning display of irony, Delta Air Lines, often heralded for its punctuality, found itself in a whirlwind of chaos last weekend. An IT [more…]
PTSB cuts loose €348 million in troubled mortgages
In a significant shift aimed at bolstering its competitive edge, Permanent TSB (PTSB) has announced the sale of a deep-in-arrears mortgage portfolio valued at €348 [more…]
LATAM Airlines plans NYSE listing
In a move aimed at harnessing fresh financial winds, LATAM Airlines has set its sights on a glittering debut on the New York Stock Exchange. [more…]
Trade tribunal rejects TC Energy’s $15B Keystone XL claim
In a move that has left TC Energy Corp. reeling, a trade tribunal has dismissed the company’s ambitious claim for US$15 billion in damages over [more…]
PayPal’s Polish penalty
Poland’s antitrust watchdog has decided to teach PayPal Europe a costly lesson about clarity and fairness. Slapping the digital payment titan with a hefty $27.3 [more…]
Skydance and National Amusements, a blockbuster deal in the making
In a twist worthy of a Hollywood script, Skydance is on the brink of merging with National Amusements, reviving a deal that seemed dead just [more…]
Boeing reacquires Spirit AeroSystems to boost safety and quality control
In a surprising move, Boeing has decided to reacquire Spirit AeroSystems, the fuselage maker it spun off nearly two decades ago. This bold all-stock transaction, [more…]
Mizuho Financial Group gears up for M&A boom with strategic banker hires
In a move to seize the rising tide of mergers and acquisitions (M&A), Mizuho Financial Group is ramping up its team of bankers following its [more…]
Lufthansa holds firm amid EU antitrust scrutiny over ITA Airways stake
In the high-stakes world of airline mergers, Lufthansa is holding its ground. The German carrier, eyeing a significant stake in Italy’s state-owned ITA Airways, has [more…]