California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a US$13.5 billion settlement for the victims.
Shared workplace operator WeWork said on Tuesday it has arranged a US$1.75 billion letter of credit with Goldman Sachs that is in the process of being syndicated and whose funds are expected to be available in January.
PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public Utilities Commission (CPUC).
Asian stocks took a breather at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking its wounds as revived Brexit fears came back to bite it.
ONE Esports’ Carlos Alimurung sat down with CNA to talk about the firm’s strategies and reasons to run an e-sports tournament at the Singapore Indoor Stadium.
Boeing Co's decision to suspend aerospace's biggest production line exposes contrasts in the U.S.-dominated 737 MAX supply chain, severely straining some niche machine shops while giving engine giants time to iron out their own wrinkles.
PARIS: French car manufacturer PSA and Fiat Chrysler will on Wednesday (Dec 18) announce a memorandum of understanding for a mega-merger to create the world's fourth-largest auto producer, a source close to their talks said. The MOU announcement is set to come before the Paris and Rome stock ...
FedEx Corp on Tuesday issued its second warning on fiscal 2020 profit after quarterly earnings fell sharply on lackluster global trade and the end of its relationship with Amazon.com, the world's top online retailer.
Facebook Inc said on Tuesday it would ask community reviewers to fact check content in a pilot programme in the United States, as the social media platform looks to detect misinformation faster.
NEW YORK: Wall Street stocks edged to records again on Tuesday (Dec 17) after good economic data added to positive momentum following announcement of a US-China trade agreement last week. Reports released Tuesday showed a sharp rebound to industrial production in November, while permits to build ...
