(Bloomberg) — Norwegian Cruise Line Holdings Ltd. sold a larger-than-expected $675 million of junk bonds that have a pledge on the company’s vessels and islands as it seeks to raise as much as $2 billion from a broader financing to survive the travel industry shutdown.The cruise line operator priced the four-year secured bonds, which were […]

Angela Merkel’s long-struggling conservatives have rebounded in the polls thanks to the government’s handling of the coronavirus crisis and widespread faith in the outgoing German chancellor’s ability to manage the upheaval. Shaking off years of record-low popularity, Merkel’s centre-right CDU/CSU bloc is now enjoying approval ratings of around 32 to 35 percent, some six to […]

Greenlight wraps up 2019 with gains weighed down by losses in short positions Continue reading…

BP raised its dividend and said it had completed a $1.5 billion share buyback programme in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley. BP shares jumped 3.5% in early Tuesday trading. As Bernard Looney prepares to take the helm, BP […]

The Institute of Directors confidence tracker, which records whether firms feel optimistic or pessimistic, rose to a score of 21 per cent in November – the highest score since the EU referendum in June 2016.

Needham analyst raises target price after promising results of drug trial Continue reading…

The United Auto Workers union said Saturday it will boost strike pay for 48,000 hourly workers at General Motors Co by $25 a week to $275 as a strike against the largest U.S. automaker nears the end of its fourth week. Talks were continuing late Saturday afternoon to try to resolve the longest nationwide strike […]

(Bloomberg) — Turkey reinforced army units at the Syrian border hours after President Recep Tayyip Erdogan signaled an imminent cross-border operation against U.S.-backed Kurdish militants in Syria.Turkey sent additional armored vehicles and troops to the border town of Akcakale late Saturday, across from Tal Abyad in Syria, according to state TV television TRT.Erdogan said earlier […]

Upmarket furniture boosts SA retailer Lewis Group’s profit  Moneyweb.co.za South Africa’s Lewis Group reported a 24.3% rise in full-year earnings on Wednesday as a luxury furniture firm the retailer acquired two years ago helped it …

BANGOR, Maine (AP) — Maine Republican U.S. Sen. Susan Collins had the best fundraising quarter of her career after she delivered a pivotal vote that helped seat Brett Kavanaugh on the Supreme Court, according to documents filed with the Federal Election Commission.