John Keells Holding (JKH) has secured a $175 million investment from the International Finance Corporation (IFC) to fund planned expansion and refurbishment of the group’s hotels...
DUBAI (Reuters) – Abu Dhabi National Oil Company (ADNOC) said on Tuesday it had signed a $10 billion gas infrastructure deal with a consortium of investors,...
LONDON (Reuters) – Prime Minister Boris Johnson said on Tuesday pubs, restaurants and hotels could reopen in England early next month, easing the coronavirus lockdown that...
FRANKFURT (Reuters) – Lufthansa LHAG.E will seek to avoid a grounding and insolvency, Chief Executive Carsten Spohr said on Sunday, before a showdown between the airline’s...
(Reuters) – American Airlines Group Inc (AAL.O) said on Sunday it plans to secure $3.5 billion in new financing, to improve the airline’s liquidity as it...
NEW YORK/BANGALORE (Reuters) – L’Oreal SA, Unilever and other multinationals that acquired personal-care brands founded by Black people are moving to reassure their core customers, some...
BOGOTA (Reuters) – Hundreds of thousands of Colombians braved lengthy lines on Friday to take advantage of a one-day lifting of sales tax, even amid a...
RIYADH (Reuters) – Saudi Arabia will end a nationwide curfew and lift restrictions on businesses from Sunday morning after three months of lockdown to curb the...
New handpicked resorts in the Maldives are being added to Kuoni’s collection for 2021 as it looks to strengthen its position as the Indian Ocean specialist....
BRUSSELS (Reuters) – EU leaders agreed on Friday that urgent action was needed to haul their coronavirus-hit economies from the deepest recession since World War Two,...