The Australian and New Zealand dollars weakened against the greenback on Monday, as investors became cautious and cut down on risk amid worries about increasing coronavirus restrictions in Asia and rising U.S. inflation.
Abu Dhabi National Oil Company (ADNOC) said on Wednesday it plans to issue about $1.2 billion in exchangeable bonds and will offer more shares to investors in its listed retail unit ADNOC Distribution.
Norwegian Air emerged from six months of bankruptcy protection on Wednesday with a smaller fleet and its debt almost wiped out, the budget carrier said, but also facing stronger competition and a lingering uncertainty wrought by the pandemic.
Spain's "bad bank" said on Wednesday its shareholders had agreed to convert 1.43 billion euros ($1.75 billion) of subordinated debt into equity to bolster its books as sustained losses have eroded its capital base.