Hong Kong’s New World Development says business operations are ‘as usual’
(Reuters) – Hong Kong-based property developer New World Development said on Thursday that it continues to carry on business as usual, following “media rumours” about its operations and financial obligations. Earlier this week, the company had issued a clarification that it
Forterra posts modest trading improvement but cautions on economic uncertainty
Investing.com — Forterra (LON:FORT) on Thursday provided a cautiously optimistic outlook for the year ended December 31, 2024, noting a “modest improvement” in trading conditions, particularly towards the end of the year. Despite the challenging economic conditions, the company maintained stable
Lufthansa airline targets profitability with restructuring plan
Investing.com — Lufthansa Airlines is working towards profitability through a comprehensive restructuring plan, as shared by CEO Jens Ritter on Wednesday. Although the airline has seen some initial success, the journey to profitability is still in progress. The ambition of Lufthansa