Cash strapped Indian airline Jet Airways has stopped all operations after failing to get a fresh bailout package.
The airline has $1.2 billion in outstanding debt and had cut down its 123 plane fleet to just 5 aircraft before ceasing all operations.
Neha Poonia reports:
IMF approves $8.1 billion loan for Ukraine
The International Monetary Fund's executive board has approved an $8.1 billion, four-year loan for Ukraine on Thursday, with $1.5 billion to be disbursed immediately to help keep the government running as its war against Russia's invasion drags into a fifth year.
Paramount Skydance wins Warner Bros, Netflix walks away
Paramount Skydance has emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Dubai's flydubai reports record AED2.2 billion pre-tax profit in 2025
Dubai carrier flydubai has posted a strong 2025 performance driven by record revenue, passenger growth and strategic network expansion, with profit before tax reported at AED2.2 billion ($591 million).
Warner Bros reopens door to Paramount, putting Netflix deal in doubt
Warner Bros Discovery has opened the door on Tuesday to Paramount Skydance after the rival bidder raised its offer to $31 per share.
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