Delta Air Lines is looking to strengthen its competitive edge within South Korea despite its partnership with Korean Air, reports say.
The US airline is gearing up to launch a daily nonstop service between Seattle and Seoul later this week. In a statement Delta managing director for the Asia-Pacific region said …read more
Spain-based Telefonica and Italy-based Telecom Italia continue to debate about the future of TIM Brasil, according to reports.
With Telefonica as the largest Telecom Italia shareholder, and Telcom Italia as the majority owner of TIM, the two European telcos are at odds over whether TIM should be merged or broken up …read more
A report published Monday by the European Systemic Risk Board says the EU’s banking industry is overflowed and unlikely to benefit the economy whatsoever, an issue that could be partially remedied by more stringent antitrust regulation.
According to reports, the group pinpoints an “overbanking problem” across the EU and recommends a …read more
A US judge heard a request from several of the world’s largest banks to toss out a consolidated antitrust lawsuit against the lenders, which are accused of rigging the foreign exchange market.
The twelve banks, which include Bank of America, Barclays and Goldman Sachs, asked a US district judge to dismiss …read more