Deutsche Bank has sued two offshore funds that funneled money to Bernard Madoff for 14 years, accusing them of reneging on their agreement to sell more than US$1.6 billion of claims in the bankruptcy of the swindler's firm.
Airbnb Inc said on Friday Chief Operating Officer Belinda Johnson will step down from the role and join the board of the home rental platform.
Italy's Mediaset and France's Vivendi failed to reach an out-of-court agreement to end years of legal disputes ahead of a court hearing scheduled on Friday, two sources close to the matter said.
AstraZeneca shares rose 2.7per cent on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie.
US manufacturing output accelerated in November to its fastest pace in seven months and services activity also picked up more than expected, a survey of purchasing managers showed on Friday.
The board of Rolls-Royce must urgently address its engine performance problems, the head of Dubai's Emirates said, as the world's largest buyer of wide-body jets weighs up who will power its order of Boeing 787 jets.
Makers of aircraft parts are making contingency plans for a prolonged grounding of Boeing's 737 MAX, with several expecting the jet's return to service to take longer than the planemaker hopes.
Technology company Prosus remains confident about its bid for British meal delivery business Just Eat , Chief Executive Bob van Dijk said on Friday, despite an increase in the value of rival Takeaway.com's all-share bid.
SINGAPORE: More than one-third of the 7,000 food delivery riders who use e-scooters have applied to trade in their devices, one week after the S$7 million e-scooter Trade-in Grant (eTG) scheme took effect. The Land Transport Authority (LTA) said on Friday (Nov 22) that the three main food ...
South African Airways (SAA) signed a deal on Friday with a union not involved in a strike that has crippled the heavily indebted carrier, giving its members a 5.9per cent pay rise backdated to April.
