Oil company Lekoil says a consultant performed ‘inadequate’ due diligence in vetting a firm that claimed to represent the Qatar Investment Authority.
NMC Health (NMC) confirmed it has hired advisers at Moelis to help it in talks banks and that it would ask for an informal debt standstill to stabilise its finances.
Online food delivery company said on Monday it had started arbitration proceedings against a move by rival Delivery Hero to increase its stake in the company because it said it broke a standstill undertaking.
JD Sports Fashion (JD.) said it is cutting up to a quarter of its flights, mainly to and from Italy, after a ‘significant’ drop in bookings due to the coronavirus.
