KUALA LUMPUR: Malaysia Aviation Group obtained court approval in Britain on Monday (Feb 22) for a deal between its leasing unit and a majority of its aircraft operating lessors, allowing it to begin a restructuring plan with new capital of RM3.6 billion (US$891 million). MAG, parent of Malaysia ...
Alphabet Inc's Google will resume accepting all political advertisements in the United States from Feb. 24, according to an email to advertisers seen by Reuters.
U.S. Treasury Secretary Janet Yellen said on Monday she will judge the success of President Joe Biden's coronavirus stimulus plan by how quickly it returns the economy to pre-pandemic levels of unemployment.
NEW YORK: Bitcoin fell on Monday (Feb 22) after surging to its latest record high a day earlier as a sell-off in global equities curbed risk appetite, with some investors also citing concerns about the rapid surge in the virtual currency's price. Traders also pointed to the unwinding of...
PARIS: LVMH's Moet Hennessy is buying a 50 per cent stake in rap star Jay-Z's Armand de Brignac champagne brand, the latest luxury brand to try to broaden its appeal with a celebrity tie-up. "I'm proud to welcome the Arnault family into ours through this partnership," the "Empire State...
Goodyear Tire & Rubber Co said on Monday it would acquire Cooper Tire & Rubber Company for about US$2.8 billion to double its presence in North America and China.
BRUSSELS: Microsoft and European media groups on Monday (Feb 22) urged EU regulators to require online platforms to seek arbitration in disagreements over how to share revenues with news publishers, a sticking point in the spat between Facebook and Australia. The EU's 2019 overhauled copyright ...
Sensor maker Velodyne Lidar Inc said on Monday it had removed David Hall as board chair and terminated Marta Thoma Hall as an employee following an investigation into their dealings with the board and company practices.
Taco Bell, a unit of Yum Brands Inc, said on Monday it would launch its own version of a chicken sandwich this year, becoming the latest fast food chain to take a bite out of a category that is soaring in popularity.
Goodyear Tire & Rubber Co said on Monday it would acquire Cooper Tire & Rubber Company for about US$2.8 billion to double its presence in North America and China.
