Markets

KUALA LUMPUR: Malaysia Airlines will have to shut down if its lessors decide not to back its latest restructuring plan, the airlines' group chief executive was quoted as saying on Saturday (Oct 10). A group of leasing companies has rejected the airline's restructuring plan, bringing the state ...

European lawmakers should promote electric car charging infrastructure as aggressively as they seek to lower carbon dioxide emissions, Michael Brecht, works council chief at German carmaker Daimler , told Reuters.

BOSTON: Billionaire investor Daniel Och, who founded hedge fund Och-Ziff Capital Management, said in a filing on Friday that he plans to raise US$750 million through a blank check acquisition vehicle, becoming the latest major hedge fund investor to launch one. Och, who started Och-Ziff in 1994 ...

REUTERS: Fintech startup Robinhood Markets Inc said on Friday some customers might have become a target of hackers because of their personal email accounts being compromised outside of its platform. The issue did not occur from a breach in the firm's systems, a spokesperson for the company said in...

Cloud communications platform provider Twilio Inc plans to buy customer data infrastructure company Segment for US$3.2 billion, Forbes reported on Friday.

While good business news has been in short supply, investors may take slight comfort in coming weeks from U.S. corporate earnings that are likely to be bad, but not as bad as they have been.

WASHINGTON: The US government has awarded US$486 million to AstraZeneca to develop and secure supplies of up to 100,000 doses of COVID-19 antibody treatment, a similar class of drug that was used in treating President Donald Trump. The agreement, under the Trump administration's Operation Warp ...

A federal judge in California on Friday ruled in an injunction request that Apple Inc could bar Epic Games's Fortnite game from its App Store but could not block Epic's Unreal Engine, a software tool relied on by hundreds of other app makers.

Canadian extradition judge deals Huawei CFO legal blow

U.S. aviation contractors laid off thousands of workers due to delays in payroll aid from the U.S. Treasury that was meant to protect jobs, an investigation by a U.S. House of Representatives subcommittee found.