Delta Air Lines reported a $5.4 billion net loss for the third quarter after the pandemic roiled what is usually the peak travel period of…
Delta posts $5.4 billion third-quarter loss as pandemic hammers travel
The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter…
Universal Music to build $1.2 billion hotel, entertainment destination in Biloxi
BILOXI, Miss. (WVLT/WLOX) -Universal Music Group is getting into the hospitality business, WLOX reported. The company announced it will build its first three hotels under…
Twilio to acquire CDP player Segment for $3.2 billion
Twilio announced Monday that it will acquire Segment in an all-stock deal worth $3.2 billion. Segment is a player in the customer data platform (CDP)…
After Mismanaging Their Companies With Stock Buybacks And Lucrative CEO Pay Packages, Airlines Demand Another $25 Billion From Taxpayers
(Photo by Barry Ambrose/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images In March, the coronavirus—the name used at the time—wreaked financial havoc on…
Universal Music Group Building $1.2 Billion Entertainment Destination in Mississippi
Universal Music Group is planning for the return of live music and events with a $1.2 billion hotel and entertainment complex in Biloxi, Mississippi. As…
Global $27.89 Billion Legal Cannabis (Medical & Recreation) Market to 2024
DUBLIN, Oct. 6, 2020 /PRNewswire/ — The “Global Legal Cannabis Market 2020-2024” report has been added to ResearchAndMarkets.com’s offering. Research and Markets Logo The legal…
Airlines Want $1.5 Billion In Interest-Free Credit Line, Says Minister
The government has yet to announce any meaningful monetary package for the aviation industry Airlines in India are seeking at least $1.5 billion as an…
Global Online Travel Agent Market Value Expected To Reach $820.18 Billion By 2023
“Online Travel Agent Market Global Report 2020-30: Covid 19 Growth And Change” Booking.com Is One Of The Largest Players In The Online Travel Agent Market,…
TUI Plans $1.8 Billion Fundraising Once Travel Demand Returns
(Bloomberg) — Holiday giant TUI AG could seek to raise about 1.5 billion euros ($1.8 billion) through a rights issue and asset sales once bookings…
Zoopla Founder’s Used-Car Venture Cazoo Passes $2 Billion Valuation
(Bloomberg) — A car sales platform founded by serial online entrepreneur Alex Chesterman raised 240 million pounds ($310 million), more than doubling the British company’s…
Sasol to Sell $2 Billion Chemicals Stake to LyondellBasell
(Bloomberg) — Load Error Sasol Ltd., the South African chemicals and fuel manufacturer, agreed to sell a $2 billion stake in its U.S. base-chemicals business…
Rolls-Royce to raise $6.5 billion to cope with COVID cash crunch
By Sarah Young © Reuters/Toby Melville A Rolls-Royce logo is seen at the company’s aerospace engineering and development site in Bristol LONDON (Reuters) – Rolls-Royce…
For 4.6 Billion in Asia It Is Now Easier to Buy Homes in Americas, Europe and the Pacific: Juwai IQI
For 4.6 billion residents of Asia, it is now easier to buy homes in the Americas, Europe, and the Pacific and a total of 91…
Mobile Phone Accessories Market in Asia-Pacific & Middle East to Reach $154.8 Billion, By 2027 at 3.6% CAGR: Allied Market
Mobile Phone Accessories Market in Asia-Pacific & Middle East to Reach $154.8 Billion, By 2027 at 3.6% CAGR: Allied Market Research PR Newswire PORTLAND, Ore.,…
Localiza to Form $9 Billion Car-Rental Giant With Takeover
(Bloomberg) — Localiza Rent a Car SA and Unidas, two of Brazil’s largest providers of rental cars, signed an agreement to combine their businesses in…
Mobile Phone Accessories Market in Asia-Pacific & Middle East to Reach $154.8 Billion, By 2027 at 3.6% CAGR: Allied Market Research
– Rise in demand for smart wireless accessories, consumer preferences for portable devices, and aggressive marketing through social networking sites propel the growth of the…
Asia-Pacific’s 5G Digital Factory Revenue Primed for a Post-COVID-19 Recovery Worth US$60 Billion in 2030
SINGAPORE, Sept. 17, 2020 /PRNewswire/ — COVID-19 initially slowed mobile phone sales in the Asia Pacific and disrupted supply chains and demand for certain 5G-related end…
Republicans Introduce $28 Billion Airline Aid Package
Democratic Speaker of the House Nancy Pelosi said last week that airlines and restaurants both need the kind of financial help that only a second…
Asia-Pacific’s 5G Digital Factory Revenue Primed for a Post-COVID-19 Recovery Worth US$60 Billion in 2030
Singapore – 17 Sep 2020 COVID-19 initially slowed mobile phone sales in the Asia Pacific and disrupted supply chains and demand for certain 5G-related end…