Some WeWork board members, including officials tied to SoftBank Group Corp , are planning to try to push Adam Neumann to step down as chief executive, The Wall Street Journal reported on Sunday, citing people familiar with the matter.
Banks with more than US$47 trillion in assets, or a third of the global industry, adopted new U.N.-backed "responsible banking" principles to fight climate change on Sunday that would shift their loan books away from fossil fuels.
Chinese telecoms equipment maker Huawei Technologies Co said on Sunday it was not interested in acquiring struggling Oi SA or any other Brazilian carrier.
Vivendi is taking steps to widen its legal battle against Mediaset beyond Italy, in a move that indicates the French media group has not liquidated its stake in the Italian broadcaster, two sources close to the matter said.
LONDON: The possible bankruptcy of British tour operator Thomas Cook, which was fighting for survival on Sunday (Sep 22), would be a bombshell for European holidaymakers and trigger a mammoth repatriation operation. Here are the implications for tourists should the 178-year old giant collapse ...
U.S.-Israeli media magnate Haim Saban plans to give up his controlling stake in Israeli mobile phone operator Partner Communications , financial media reported on Sunday.
LONDON: Bosses at Britain's Thomas Cook were meeting lenders and creditors on Sunday (Sep 22) to decide whether the world's oldest travel company could survive until Monday, or face a chaotic collapse that would be felt around the world. Running hotels and resorts, airlines and cruises, Thomas ...
French airline XL Airways has called on Air France to discuss a rescue deal to avert the collapse of the budget carrier that halted ticket sales and payments last week.
China needs to develop a better system for financing small businesses that drive innovation in the economy but currently struggle to access the funds they need for growth, a leading Chinese think-tank said in a report published Sunday.
Confident it can crack the US$300 billion U.S. clothing and shoes market where many other foreign retailers have failed, Britain's Primark is ready to raise its bet on the country by securing new sources of fast fashion in central America.
