Advertisement
UK markets open in 4 hours 33 minutes

  • NIKKEI 225

    37,792.72
    -667.36 (-1.74%)
     

  • HANG SENG

    17,293.04
    +91.77 (+0.53%)
     

  • CRUDE OIL

    82.70
    -0.11 (-0.13%)
     

  • GOLD FUTURES

    2,331.00
    -7.40 (-0.32%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,565.45
    -1,883.93 (-3.52%)
     

  • CMC Crypto 200

    1,387.47
    -36.63 (-2.57%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Zeitfracht, Nayak poised to buy some Air Berlin assets - sources

Reuters

BERLIN (Reuters) - A consortium of family-owned Zeitfracht and maintenance group Nayak is close to striking a deal to buy Air Berlin's (AB1.DE) cargo marketing platform and its maintenance business, several people familiar with the matter told Reuters.

"They are on the home stretch," one of the sources said.

A spokesman for Zeitfracht said that talks were promising and had reached an advanced stage. Air Berlin declined to comment.

Air Berlin, which has struggled to turn a profit over the last decade, filed for insolvency on Aug. 15. A government loan has kept its planes aloft while its administrator negotiated with prospective buyers for parts of the business.

Lufthansa has agreed to buy large parts of Air Berlin, but talks for its remaining assets are ongoing.

(Reporting by Klaus Lauer; Writing by Maria Sheahan; Editing by Douglas Busvine)