Southwest Airlines Co said on Thursday it had reached a compensation agreement with Boeing Co for a portion of the projected financial damages related to the grounding of the 737 MAX aircraft.
SINGAPORE: Beleaguered family-run hardware firm Home-Fix may have pulled the shutters down at its stores for good after a 26-year run, but its founders are not giving it up without a fight. The Do-It-Yourself (DIY) chain is in talks with potential investors and is looking to transform itself and ...
Citigroup and Credit Suisse have dropped out of the U.S. initial public offering (IPO) of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said.
Haier, the world's biggest maker of household appliances, is planning a major restructuring that will see its main unit Haier Smart Home list in Hong Kong to take another group company valued at US$7.7 billion private, two people with direct knowledge of the matter said.
The battle for Britain's Just Eat, which pits investment giant Prosus against Dutch food ordering service Takeaway.com, is set to roll on through the Christmas holidays.
Japan unveiled tax measures on Thursday aimed at encouraging companies to spend their cash piles on start-ups and other investments and stimulating a slowing economy, while also helping firms to compete with China's advance in 5G technology.
Australia's government on Thursday announced a new taskforce to monitor the actions of tech giants such as Facebook and Google but stopped short of a major clampdown recommended by the country's consumer watchdog.
Apple supplier Japan Display Inc said on Thursday it plans to receive up to 90 billion yen (US$830 million) in financial support from Japanese asset manager Ichigo Asset Management.
A US court has suspended a law banning makers of vegetarian substitute meals from using the word "meat" to describe their products, as trendy plant-based food companies push back against a wave of restrictions.
China's aviation regulator raised "important concerns" with Boeing Co on the reliability and security of design changes to the grounded 737 MAX, it said on Thursday, but declined to comment on when the plane might fly again in China.
