Rolls-Royce to sell assets to boost pandemic-hit finances

This post was originally published on this siteLONDON (Reuters) – British aero-engine maker Rolls-Royce (RR.L) said it would sell assets to try to raise at least 2 billion pounds ($2.6

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Rolls-Royce targets asset sales to boost pandemic-hit finances

This post was originally published on this siteLONDON (Reuters) – British aero-engines maker Rolls-Royce (RR.L) plans to sell Spanish unit ITP Aero and other assets to raise at least 2

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Britain to bring in mass testing to curb spread of COVID-19

This post was originally published on this siteLONDON (Reuters) – Britain plans to bring in regular, population-wide testing for COVID-19 so it can suppress the spread of the virus and

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UK expands COVID-19 testing survey to find asymptomatic cases

This post was originally published on this siteLONDON (Reuters) – The British government said on Wednesday it would expand its COVID-19 national testing study, with an aim of reaching

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EasyJet confirms UK base closures as travel pain continues

This post was originally published on this siteLONDON (Reuters) – British airline easyJet confirmed on Monday it would close three of its bases in the United Kingdom resulting in the loss

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Holiday company TUI loses $1.3 billion as pandemic wipes out revenue

This post was originally published on this siteLONDON (Reuters) – TUI (TUIT.L), the world’s largest tourism company, lost 1.1 billion euros ($1.3 billion) after COVID-19 wiped out

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UPDATE 2-Holiday company TUI loses $1.3 bln as pandemic wipes out revenue

This post was originally published on this site… * Q3 EBIT loss of 1.1 bln euros vs 102.3 mln euro profit. * CEO says new state-backed credit line might not be needed. * Evaluating options

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Thousands of BA staff to lose jobs as airline pushes ahead with cuts

This post was originally published on this siteLONDON (Reuters) – Thousands of British Airways staff will be sent letters telling them they have lost their jobs on Friday, as the airline

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UPDATE 1-TUI boosts finances with $226 mln sale and leaseback on 737 MAX jets

This post was originally published on this site(Adds detail, background). LONDON, Aug 3 (Reuters) – Germany-based holiday company TUI said it agreed a sale and leaseback deal for five new

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BA owner IAG to raise $3.3 billion to ride out COVID crisis

This post was originally published on this siteLONDON (Reuters) – British Airways owner IAG (ICAG.L) plans to raise 2.75 billion euros ($3.27 billion/£2.48 billion) from shareholders

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