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Monday, April 20, 2020

Virgin Australia enters voluntary administration with aim to recapitalise

Virgin Australia Holdings Ltd said on Tuesday it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load.


from Reuters: Business News https://ift.tt/2RUg9sw

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Up to 2,700 jobs at risk at British Steel

The company announces a consultation that could see the closure of two blast furnaces at Scunthorpe. from BBC News https://ift.tt/J9uzikS ...