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Jazeera Airways modifies bank financing needs for Airbus deal to $1…

By Ahmed Hagagy KUWAIT, Feb 7 (Reuters) – Kuwaiti low-cost carrier Jazeera Airways aims to secure $1 billion from banks to help finance the purchase of new Airbus aircraft, its chairman said on Tuesday, half the amount it had initially planned to seek. The airline placed a multi-billion dollar order with Airbus for 28 single …

Italy pushes retail bonds, eyeing inflation and ECB tapering

By Sara Rossi and Valentina Consiglio ROME, Feb 10 (Reuters) – The Italian Treasury is moving quickly this year to issue retail bonds, hoping to plug a gap soon to be left by the European Central Bank and anticipating strong appetite from savers whose deposits are being eroded by inflation. The economy ministry said on …

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