Malaysia's AirAsia X Bhd (AAX) has made "substantial progress" in its months-long talks with creditors as it aims to convene meetings with them to vote on a restructuring scheme by the end of October, its chief executive said. CEO Benyamin Ismail told Reuters in a phone interview that negotiations and discussions with lessors, planemaker Airbus SE and service providers have progressed, but declined to detail what have been agreed on. The airline, an affiliate of AirAsia Group, has also been talking to potential investors for its recapitalisation, and hopes to complete discussions by the end of the year.
Inter Miami CF, the club co-owned by David Beckham, has been surging in the race toward the MLS playoffs. A new striker has spurred on LAFC.
Carillon Tower Advisers, an investment management firm, published its “Carillon Eagle Small Cap Growth Fund” second quarter 2021 investor letter – a copy of which can be downloaded here. Small-cap stocks extended their recent run of success in the second quarter, advancing for the fifth consecutive quarter following the selloff in the early stages of the […]