Delta takes stake in Korean Air Lines' parent

Source: Dukascopy Bank SA
Delta Air Lines took over a stake in the parent of Korean Air Lines, seeking to boost it to 10%, giving impetus to the South Korean top carrier's management that seeks to scrap activist fund's challenge.
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Fri, 21 Jun 2019 18:08:54 GMT

Puma Energy picks BAML to run asset sale

Trafigura's Puma Energy has selected Bank of America Merrill Lynch for its planned asset sale in the company's effort to cut its debt, declining to comment on specific assets, Reuters said on Friday.

Fri, 21 Jun 2019 15:48:09 GMT

Ex-Barclays head acquitted of fraud charges

On Friday, John Varley, the former Barclays CEO, was cleared of fraud charges after the court admitted there was no sufficient evidence against Varley in the case over Qatari cash injections, which saved the lender from the 2018 state bailout.

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