Saturday, April 25, 2020

Japan Airlines looking to tap banks for $2.8 billion in funding: NHK

Japan Airlines looking to tap banks for $2.8 billion in funding: NHK The airline, which has seen its passenger numbers tumble as it has slashed 90 percent of its international flights and 60 percent of domestic flights, has tapped its main lenders Mitsubishi UFJ Financial Group, Mizuho Financial Group and other banks for extra funding, NHK said, citing unnamed sources.

from Moneycontrol Business News https://ift.tt/2VzrJf4

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...