Indigo Partners ties up with Oaktree for Virgin Australia bid: executive

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FILE PHOTO: Bill Franke, Managing Partner of Indigo Partners LLC, attends a news conference at the Dubai Airshow in Dubai, United Arab Emirates November 15, 2017. REUTERS/Satish Kumar/File Photo

SYDNEY (Reuters) – Indigo Partners is teaming up with Oaktree Capital Management in its offer for Virgin Australia Holdings Ltd (VAH.AX) and will consider adding an Australian partner as the bidding process progresses, Indigo managing partner Bill Franke said.

“In terms of local Australian partners we have been approached by a number of Australian entities and at the end of the day we would like to have an Australian

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Mining companies rush to shield indigenous communities from coronavirus

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MELBOURNE (Reuters) – Big mining companies that rely on indigenous workforces or operate near remote communities have acted fast to curb the spread of the coronavirus and avoid a public health crisis that could damage their reputations.

Heath Nelson of Fortescue Metals Group and Chris Schmid of Woollahra Group pose by goods, which are ready to be packed and delivered to help remote Aboriginal communities during the coronavirus disease (COVID-19) outbreak, in Perth, Western Australia April 10, 2020. Fortescue/Handout via REUTERS

From Australia’s outback to Canada’s Arctic wilderness to the Andes, mining firms have changed rosters to stop outsiders infecting

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MGM, Caesars and Boyd will participate in employee COVID-19 testing plan

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FILE PHOTO: The closed Caesars Palace Las Vegas Hotel & Casino sign is seen illuminated as the spread of coronavirus disease (COVID-19) continues, on the Las Vegas strip in Las Vegas, Nevada U.S., April 10, 2020. REUTERS/Shannon Stapleton

(Reuters) – The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening.

MGM Resorts International (MGM.N), Caesars Entertainment Corp (CZR.O) and Boyd Gaming Corp (BYD.N) will participate in the testing plan.

Testing is expected to begin

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Urban Outfitters, Moderna, Johnson & Johnson and more

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Pedestrians pass in front of an Urban Outfitters store in New York.

Scott Mlyn | CNBC

Check out the companies making headlines after the bell.

Urban Outfitters — The clothing retailer’s stock tumbled 5% in extended trading after the company released its first-quarter financial results. Urban Outfitters reported a loss of $1.41 per share on revenue of $588 million, missing analysts’ expectations of a loss of 29 cents per share with revenue of $627 million, according to Refinitiv. The retailer’s comparable retail net sales dropped 28% from the same period last year, a decrease driven by store closures from the

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