AMC Entertainment Holdings Inc said on Thursday it has reached a deal with some banks to sell up to 15 mln shares to raise capital as the movie theater operator reels under the impact of the COVID-19 pandemic.
AMC Entertainment Holdings Inc said on Thursday it has reached a deal with some banks to sell up to 15 mln shares to raise capital as the movie theater operator reels under the impact of the COVID-19 pandemic.
U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report US$75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and manufacturing operations in India.
A businessman who spun his wealth from bottled water and vaccines has usurped tech tycoon Jack Ma as China's richest man, the Bloomberg Billionaires Index showed Thursday.
A group of Apple Inc's critics - including Spotify Technoloy SA, Match Group Inc and "Fortnite" creator Epic Games - have joined a nonprofit group that plans to advocate for legal and regulatory action to challenge the iPhone maker's App Store practices.
Swedish carmaker Volvo Cars expects to hit its forecast of roughly flat sales year-on-year in the second half of 2020 even as a recent a surge in cases across Europe makes the outlook more uncertain, Chief Executive Hakan Samuelsson told Reuters.
BlackBerry Ltd's quarterly revenue topped Wall Street estimates on Thursday, rising nearly 6per cent, as demand for the Canadian company's security software suite, Spark, and its QNX car software rose.
El Al Israel Airlines is opposing the purchase of a controlling stake by religious student Eli Rozenberg, alleging he is a front man for his father, who is not an Israeli citizen as required by law, according to a letter from its lawyers.
SINGAPORE: A new business travel pass for selected senior executives based in Singapore is being piloted to enable them to fulfill overseas work responsibilities. Travellers using this pass have to follow a strict itinerary and abide by various public health measures, the Ministry of Health said ...
Business groups on Thursday welcomed contentious and long-delayed labour reforms passed by India's parliament this week, aimed at making hiring and firing workers easier and imposing restrictions on trade unions.
