Indigo Partners sells 9% stake in Wizz Air for $550 mn
American equity firm Indigo Partners is one of the largest shareholders in the carrier
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British carrier Virgin Atlantic to raise £160 mn in new financing
The £160 mn financing provides further resilience against a slower revenue recovery in 2021, a spokesperson said
Investors eyes dated factory buildings in Hong Kong
Industrial property transactions surged in the first two months of this year to HK$2.7 billion
Singapore Airlines to trial IATA travel pass app
The trial is in line with IATA’s travel pass framework and will be conducted on passengers travelling from Singapore to London between March 15 and
SRC issues fresh sukuk to foster Saudi housing sector
The Sukuk programme will pave the path for the Kingdom’s housing segment to achieve goals under Vision 2030
Cambridge Associates to establish new office in Asia
Cambridge Associates opened an office in Singapore in 2001 and in China in 2011
Gojek invests in LinkAja to bolster digital ecosystem
The fresh funds are expected to enhance Gojek’s and LinkAja’s capability to boost the adoption of digital finance services and spur financial inclusion in Indonesia
UK consumer spending remains volatile
The sale of essential commodities surged 5.3 percent along with a growth in online grocery shopping. However, the sale of non-essential dipped 22.1
Stena Bulk announces new concept hybrid bulk carrier design
The new concept InfinityMAX is developed under stringent principles to carry both dry and wet cargoes in modular compartments
DP World, CDQP to carry out new developments
DP World Maspion East Java will operate the new international container port with a design capacity of up to 3 million TEU