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Grindrod Shipping has disappeared from US trading screens after a take-private deal and subsequent liquidation of its Nasdaq-listed shares. What happened to the stock, and what should investors know about the shipping group’s remaining structure and business model? Grindrod Shipping has effectively vanished from many US brokerage platforms after a corporate action in August 2024,…
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With the price of jet fuel continuing to sit at highs unseen in years, almost every airline has canceled routes to prioritize only the most profitable ones. In some cases, the cancellations were so extensive that the airline also had to temporarily or permanently shut down. In mid-April, Mexican vacation airline Magnicharters abruptly canceled all…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…