Cainiao files for $1B-plus IPO
Cainiao Smart Logistics Network Ltd., the logistics arm of Alibaba Group Holding Ltd., has filed for its Hong Kong initial...
Cainiao plans to raise at least $1B in Hong Kong IPO soon
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial...
FedEx posts profit that tops estimates
FedEx Corp. rose in early trading Thursday on profit that topped analyst estimates and an increase to the low end...
Portugal gets preliminary valuation reports on TAP before sale
Portugal’s government has received preliminary reports from the two independent assessors hired to determine the value of TAP SA, a...
Flexport founder Ryan Petersen to return as CEO after Dave Clark resigns
Flexport Inc. Chief Executive Officer Dave Clark is abruptly leaving the startup after a year at the company, making way...
Hungary in talks to buy majority stake in Budapest Airport
Hungary has submitted a formal offer to buy a majority stake in Budapest Airport in a transaction that could be...
Dutch government tones down Schiphol Airport capacity cut
The Dutch government is toning down its plan to cut flights at Amsterdam’s Schiphol airport, following a consultation process on...
Fake Spare Parts Were Supplied to Fix Top-Selling Jet Engine
European aviation regulators have determined that an obscure London-based company supplied bogus parts for repairs of jet engines that power...
