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: Business
Embraer’s big win with Netherlands and Austria
Embraer, the Brazilian aircraft giant, has clinched a game-changing deal with the Netherlands and Austria for nine C-390 tactical airlifters, marking a significant leap in [more…]
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…]
Activist investor 3D Investment pushes Sapporo for strategic asset spin-offs
Sapporo, the iconic beer maker, is under scrutiny after it announced a review of its real estate assets back in February. This month, activist investor [more…]
South Korean consortium wins Czech nuclear power bid
In a significant development echoing across the energy sector, a South Korean consortium has emerged victorious in securing the bid for constructing up to four [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…]
Major Aussie banks forced to repay $28 million to low-income clients
In a tale of corporate oversight, four of Australia’s biggest banks are set to refund a whopping A$28 million (around $18.95 million) to their low-income [more…]