Steinhoff appoints acting CEO ahead of lender meeting

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Tuesday, the South African company Steinhoff named Danie van der Merwe as its acting CEO ahead of the lender meeting, following the conglomerate's accounting scandal.
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Tue, 19 Dec 2017 15:22:15 GMT

Air Berlin repays over €40M of bridge loan

The collapsed carrier Air Berlin repaid over €40M out of a €150M bridge loan it had received from Germany's government after the airline filed for insolvency about four months ago.

Tue, 19 Dec 2017 14:27:34 GMT

UPS makes pre-order of 125 Tesla Semis

United Parcel Service announced on Tuesday it had made a pre-order of 125 Tesla electric semi-trucks, as the package delivery service sought for alternative-fuel vehicles.

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