Half Mag / Half Zine
Italy’s Intesa Sanpaolo (ISP.MI) has agreed to sell more branches and assets to rival BPER (EMII.MI) to try to overcome antitrust objections to its proposed takeover of UBI Banca (UBI.MI). Intesa on Monday submitted beefed-up competition remedies to the regulator Read more
Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal, outweighed fears that new coronavirus infections could further slow the global economy. U.S. West Texas Read more
The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA). In its annual Global EV Outlook, Read more
Delta Air Lines (DAL.N) has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on Monday, paving the way for the carrier to resume services to China after months of suspension due to Read more
Walmart Inc (WMT.N) has partnered with Canadian e-commerce firm Shopify Inc (SHOP.TO) (SHOP.N), as the world’s biggest brick-and-mortar retailer ramps up its efforts to capture a bigger slice of the coronavirus-driven surge in online shopping. U.S.- and TSX-listed shares of Read more
United Airlines (UAL.O) said on Monday it is pledging its MileagePlus frequent flyer program for a new $5 billion loan aimed at further buffering its liquidity, even as its cash burn rate slows thanks to a steady improvement in demand. Read more
Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said. The finance ministry’s billion-dollar Read more