Hedge fund Chatham Asset Management's bid succeeded in a court-supervised auction for bankrupt news publisher McClatchy Co , the news company said on Sunday.
Volkswagen is replacing its head of software development, newspaper Handelsblatt reported on Sunday, as the German carmaker wrestles with the transition to electric vehicles.
Democratic House Speaker Nancy Pelosi said on Sunday she believes U.S. lawmakers can find a compromise on extending jobless benefits and unemployment insurance for Americans struggling amid coronavirus pandemic shutdowns.
WeWork Executive Chairman Marcelo Claure said the office-sharing company was on course to have positive cash flow in 2021, a year earlier than a target the company set in February, the Financial Times reported on Sunday.
With COVID-19 ravaging the aviation industry, airlines and airports worldwide are reining in costs and halting new spending, except in one area: reassuring pandemic-wary passengers about travel.
U.S. electric carmaker Tesla Inc reduced the price of its sports utility vehicle Model Y by US$3,000, Electrek https://bit.ly/327OJoV reported on Saturday.
U.S. electric carmaker Tesla Inc reduced the price of its sports utility vehicle Model Y by US$3,000, Electrek https://bit.ly/327OJoV reported on Saturday.
A tech-savvy population, a fast-growing economy, and the perks of being first in an emerging market -- Vietnamese entrepreneur Le Thanh saw the potential in booming Ho Chi Minh City for his start-up transforming coffee grounds into masks.
China returned to growth in the second quarter after the coronavirus pandemic handed the world's second largest economy its first contraction in decades, according to an AFP poll of analysts.
China's Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay its potential removal from the country's 5G phone network, the Sunday Times newspaper reported on Sunday.
