U.S. equities were mixed on Friday as the S&P 500 continued to hover below its record high from February. Electric car company Tesla continued to climb after two Wall Street firms upgraded the stock. The…
Related Articles
Thai Airways begins rehab proceedings in bankruptcy court – Nikkei Asian Review
BANGKOK — Thai Airways International’s rehabilitation proceedings kicked off at Thailand’s Central Bankruptcy Court on Monday, with executives from the cash-strapped national airline and its creditors attending the hearing.
Acting President Chansin Treenuchagron and two members of the airline’s board represented the…
WWII anniversary, SoftBank results, Jokowi’s state of the union – Nikkei Asian Review
Welcome to Nikkei Asian Preview.
This week marks the 75th anniversary of the end of World War II. With tensions high between Japan and South Korea, there is speculation over whether Japanese Prime Minister Shinzo Abe will mark the…
South Korea’s airline M&As left adrift by the pandemic – Nikkei Asian Review
SOUEL — The coronavirus pandemic has already derailed one major acquisition in South Korea’s airline industry, now a second hangs in the balance.
HDC Hyundai Development, a midsize building company spun off from the Hyundai group, has been looking…
ANA and Singapore Air suffer record quarterly losses as travel plunges – Nikkei Asian Review
TOKYO/ SINGAPORE — ANA Holdings and Singapore Airlines had their most torrid quarter between April and June, no thanks to the coronavirus pandemic, the airlines reported on Wednesday.
ANA Holdings made a net loss of 108 billion…