Britain's Ocado launches $642M bond issue

Source: Dukascopy Bank SA
Ocado, the UK online grocer and technology firm, launched a $642M bond offering, seeking to finance the capital expenditure linked to company's international partnership deals.
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Mon, 02 Dec 2019 07:45:56 GMT

HK Airlines must shore up its financial position

Hong Kong Airlines, owned by the struggling China conglomerate HNA Group, must improve the financial position by December 7 or risk losing its licence, the government announced on Monday.

Mon, 02 Dec 2019 06:21:26 GMT

Oil prices up 1%

Crude oil prices rose 91 cents or 1.7% on Monday morning, reaching $56.08 a barrel, amid growth of the China's PMI from 51.7 to 51.8 in November.

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