WeWork owner, The We Company, has formed a special board committee to consider proposals for a US$5 billion financing lifeline from its largest shareholder SoftBank Group Corp and its main lender JPMorgan Chase & Co , four people familiar with the matter said on Wednesday.
Unizo Holdings' top shareholder urged the hotelier on Thursday to consider "in good faith" Blackstone Group's proposed US$1.6 billion tender offer, warning it would consider measures if the board fails to act in accordance with its duty.
When Kenya's Eliud Kipchoge became the first man to run a marathon in under two hours in Vienna this month, his performance had been meticulously planned by one of sport's major new players, the petrochemicals giant Ineos.
SEOUL: Samsung will roll out a software patch to fix problems with its flagship Galaxy S10 smartphone's fingerprint recognition, the South Korean tech giant said on Thursday (Oct 17). A British user told the Sun newspaper earlier this week that a bug on her Galaxy S10 allowed it to be...
Tesla Inc was added to a government list of approved automotive manufacturers, China's industry ministry said on Thursday, as it granted the electric-vehicle maker a certificate it needs to start production in the country.
The Chinese commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on cancelling tariffs on each others' goods.
Domino's Pizza Group , Britain's biggest pizza delivery company, said on Thursday it will exit its international markets, where it has been facing mounting losses.
The boss of Pernod Ricard said on Thursday that trade tariffs that will apply to single malt Scotch and Spanish wine from Oct. 18 will have a "significant" impact on Pernod Ricard in the United States.
Unizo Holdings' top shareholder urged the hotelier on Thursday to consider "in good faith" Blackstone Group's proposed US$1.6 billion tender offer, warning it would consider measures if the board fails to act in accordance with its duty.
China's industry ministry on Thursday said it has added Tesla Inc to a government list of approved automotive manufacturers, granting the manufacturing certificate that the electric vehicle maker needs to start production in the country.
