Samsung Heavy Industries secures $2.5 billion major ship block deal
The equipment and the ship blocks are scheduled for delivery by 2025...
Europe
Spanish banks focus on mergers due to fear over another economic crisis
The country’s second largest bank BBVA is mulling a possible tie up...
European oil refiners mull permanent closures of refinery units
Petroineos is planning to permanently close down a few of its units...
Mainland China home buyers shift focus to Singapore and Portugal
Property investors from mainland China have shifted to Porto and Lisbon as...
Edinburgh’s Modulr receives £9 million funding from PayPal
The company has developed capabilities to settle and hold funds at the...
Zurich, Paris, Hong Kong recognised as the most expensive cities
They have surpassed Singapore and Osaka, while Damascus is the lowest in...
British Airways appoints Sean Doyle as the new CEO
The airline recorded an operational loss of $4.77 billion in the first...
Lufthansa to cut costs, signs deal with trade union Verdi
Lufthansa’s ground staff will not receive their Christmas bonus this year, as...
Orange to acquire 54% stake in Telekom Romania from OTE
The French telecom major will retain its ownership in the Romanian company’s...
Stolt Tankers, Essberger Tankers to jointly operate parcel tanker fleets within Europe
The new venture will provide logistical flexibility, boost reliability and reduce network...