Qatar Airways asks for compensation over MAX grounding

Source: Dukascopy Bank SA
Qatar Airways is planning to urge Boeing for compensation over its three 737 MAX jet grounding by Italy's carrier Air Italy, where Qatar Airways holds a majority stake, group's CEO Akbar al-Baker stated on Friday.
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Fri, 07 Jun 2019 09:38:37 GMT

Swiss Re set for UK unit's $4.5B IPO

Swiss Re is planning to launch an initial public offering of its $4.5B British life insurance business located in London, as it seeks to put the unit under a more favourable regulatory regime, granting it easier access to the capital to fund business expansion.

Fri, 07 Jun 2019 06:51:07 GMT

Russia's Ozon may explore IPO option in two years

Ozon, the Russian online retailer, may explore an option of the initial public offering in the next two years, as soon as it has raised the share of Russia's e-commerce market, improved infrastructure and boosted growth, the CEO Alexander Shulgin stated on Friday.

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