KUALA LUMPUR: Malaysia Airlines' parent company has sought financial aid from its sole shareholder, the nation's sovereign wealth fund, as debt restructuring talks with creditors drag on, the company said on Saturday (Nov 20). "Malaysia Aviation Group has requested financial support from our ...
U.S. chocolate maker Hershey Co has positioned itself to receive a sizeable amount of cheap cocoa from futures exchange ICE, a move that highlights difficulties African producers are having to sell beans at a recently-agreed premium, traders said.
Manchester United said on Friday the English football club was investigating a cyber attack on its systems and was working to minimize the ongoing IT disruption.
Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to U.S. investors as the Trump administration seeks to cement its hawkish China legacy in its waning days.
Workers at Tesla Inc's California vehicle factory are deemed essential and are not impacted by the state's latest restrictions to curb a new surge in coronavirus infections, the California health department said on Friday.
Greece's Alpha Bank has selected U.S. investment fund Davidson Kempner as its preferred bidder to buy a US$12 billion portfolio of non-performing loans, sources told Reuters.
Apple Inc and AT&T asked the judge hearing the Justice Department's lawsuit against Alphabet's Google on Friday to allow them to designate certain data in the complaint "highly confidential," to ensure that no-one from Google could see it.
The S&P 500 and the Dow edged lower on Friday as investors headed into the weekend grappling with disappointing fiscal stimulus news and uncertain efforts to combat a spiraling COVID-19 pandemic with vaccines.
The uneasy balance between the wildfire-like spread of the coronavirus in the United States and an economy that remains largely open may be tested in coming weeks if face mask mandates and other lighter-touch measures fail to control the crisis.
Germany would need to reach a consensus within government that a telecoms vendor poses a national security threat in order to exclude its equipment from national 5G networks, according to draft legislation reviewed by Reuters on Friday.
