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Two private groups considering bid for Virgin Australia – report

Two private groups are considering making approaches for Australia’s second-biggest airline Virgin Australia Holdings Ltd VAH.AX, The Australian Financial Review reported citing sources. A private equity investor has partnered with a “a strategic airline investor” to make an offer for the cash-strapped airline and the second

India says IMF liquidity boost may have costly side effects

India’s finance minister said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might not be effective in easing coronavirus-driven financial pressures. Finance Minister Nirmala Sitharaman said in a statement to the IMF’s steering