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Sunday, March 1, 2020

HNA Group-controlled companies' shares rise after government help sought

Shares in HNA Group-controlled companies rose on Monday after the Chinese aviation and tourism conglomerate said it had asked the government to help it resolve liquidity risk caused by the coronavirus outbreak which has put heavy pressure on the airline industry.


from Reuters: Business News https://ift.tt/3anByB5

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Typhoo Tea teeters on the brink of administration

The loss-making firm is attempting a turnaround amid a break-in and fire at its former factory. from BBC News https://ift.tt/GcCuKjJ