Colombia's Avianca to merge with low-cost airline Viva
Flag-carrier Avianca has agreed to merge with Viva, another of Colombia's most important commercial airlines, while keeping separate branding and strategies, the firms said on Friday.
Flag-carrier Avianca has agreed to merge with Viva, another of Colombia's most important commercial airlines, while keeping separate branding and strategies, the firms said on Friday.
Companies and countries were at odds over Moscow's rouble-for-gas payment system on Friday, while European officials promised more guidance on whether buying Russian gas can comply with sanctions and Russia said it saw no problem with its plan.
AMSTERDAM (Reuters) -Dutch airline KLM cancelled 47 flights scheduled for this weekend to and from Amsterdam to improve working conditions for its staff, the airline said in a statement, having earlier scrapped dozens of flights scheduled for Friday.
(Reuters) -The Russian rouble rose to a more than two-year high against the euro on Friday, supported by capital controls as Russia appeared to make a last-gasp effort to avoid a default and the central bank slashed interest rates by 300 basis points to 14%.
(Reuters) -AbbVie Inc missed Wall Street estimates for first-quarter sales, hurt by European competition for its blockbuster drug Humira and lower demand for its newer drug Rinvoq, sending shares of the company down 7% on Friday.
Credit Suisse's roughly 10 key investors back the bank's board and its strategy, Chairman Axel Lehmann told Swiss newspaper NZZ.
Citibanamex, Citigroup's Mexican consumer banking arm, started sharing information with potential bidders, one of the first steps in a process to find a new owner, Chief Executive Manuel Romo said on Friday.