AMC Entertainment Holdings Inc said on Monday it had reached an agreement with bondholders that would reduce its debt by up to US$630 million, as it looks to reopen theaters after being shut for weeks due to the COVID-19 pandemic.
Finnish telecom network equipment maker Nokia reported an unexpected rise in its second-quarter underlying profit on Friday, amid the COVID-19 pandemic as its new chief executive Pekka Lundmark takes over on Saturday.
AS THE drums sound louder on the landing of virtual banks in Singapore, analysts are warning that incumbents need to squeeze more from their digital pursuits to fend off the attack by large fintechs.
Wells Fargo & Company said on Tuesday the Office of the Comptroller of the Currency (OCC) had terminated a 2015 consent order related to an anti-money laundering compliance program after the bank took steps to remedy the problems.
