A wildfire raging in California threatens to destroy more than homes and businesses - it could also undermine bankrupt PG&E Corp's plan to raise US$14 billion to finance the crisis-stricken utility's turnaround plan.
Australia's "backpacker tax" illegally targeted some foreign workers, a court ruled Wednesday, leaving people who spent time in the country on holiday working visas in line for tax rebates.
General Electric Co on Wednesday posted a US$1.3 billion loss in the third quarter as it continued its efforts to reboot several of its businesses after taking a US$22 billion charge a year ago.
REUTERS: Apple Inc is mobilizing suppliers to launch its first 5G iPhone range, the Nikkei Asian Review said on Wednesday. "It will be the first time Apple introduces 5G iPhones ... There will be three of them and the company has set an aggressive sales target," Nikkei https://asia.nikkei.com ......
Qantas Airways Ltd and Southwest Airlines Co are stepping up checks for structural cracks on Boeing Co 737 NGs after discovering problems with planes that did not require urgent inspections, airline sources said.
China granted approval for Nintendo Co to sell its first Switch console game in the country, a regulator announced, drawing closer the official launch of the hybrid home-portable device in the world's biggest game market.
Germany's Bayer said on Wednesday that the number of US plaintiffs blaming its glyphosate-based weedkillers for their cancer mushroomed to 42,700 from 18,400 in July, raising the stakes in the group's efforts to reach a settlement.
China's Foreign Ministry said on Wednesday that lead China and U.S. trade negotiators will speak again soon after a U.S. administration official said an interim trade agreement between the United States and China might not be completed in time for signing in Chile next month as expected.
KUALA LUMPUR: Banks in Malaysia are closing the accounts of Iranian individuals and companies, nearly a dozen affected people told Reuters, in a sign that US sanctions are having a far-reaching impact on citizens of the Islamic republic. Although Malaysian banks seemed to be more cautious in ...
The initial public offering for state-owned oil company Saudi Aramco will come soon, and will be a decision taken by Saudi Crown Prince Mohammed bin Salman, the kingdom's energy minister said on Wednesday.
