20, Jun, 2019
Jet Airways bidding process: Etihad shows interest in stake sale, SBI gets two more unsolicited bids

Two

Etihad Airways expressed its interest to buy stake in Jet Airways under the bidding process run by the airline’s lenders on Friday. The State Bank of India-led consortium of 26 lenders also received two non-binding bids for purchasing stake in the embattled airline. “Etihad Airways today confirmed its interest to […]

The number of companies warning of a slowdown in China is growing, with both construction machinery company Caterpillar and chipmaker Nvidia blaming weaker demand in the country for disappointing figures, a bad omen for the global economy. “Sales in Asia/Pacific declined due to lower demand in China, partially offset by […]