PARIS, Dec 4- Air France-KLM said on Wednesday it had dropped plans to buy a stake in Virgin Atlantic as the two airline groups combine their transatlantic partnerships with Delta Air Lines into an expanded joint venture. But the companies now agree that "Air France-KLM's acquisition of a stake in Virgin Atlantic is no longer necessary," Air France said in a...
Oct 29- Saudi Arabia has tried to attract foreign capital into its non-oil sector and pursue investments abroad as part of Vision 2030, an ambitious plan to diversify its crude-reliant economy. The following are some of the key non-oil deals struck by Saudi Arabia since the plan was announced in 2016, starting with the deals announced at the third Future...
Oct 29- Saudi Arabia has tried to attract foreign capital into its non-oil sector and pursue investments abroad as part of Vision 2030, an ambitious plan to diversify its crude-reliant economy. The following are some of the key non-oil deals struck by Saudi Arabia since the plan was announced in 2016, starting with the deals announced at the third Future...
Oct 28- Richard Branson-backed Virgin Galactic Holdings Inc started trading on the New York Stock Exchange on Monday, becoming the first space tourism company to hit public markets. The company was created from the merger between British billionaire Branson's Virgin Galactic and former Facebook executive Chamath Palihapitiya's publicly-traded shell...
LOD, Israel, Oct 23- British billionaire Richard Branson backed a second Brexit referendum on Wednesday in the belief that Britons would reverse a decision to leave the European Union. "If that happened we would see the pound roaring back up, we would see trade trying to get back to the levels before the last referendum, and it would be happier days all around," he told a...