KUALA LUMPUR: The Malaysian High Court on Wednesday granted budget airline AirAsia X Bhd a three-month restraining order against any legal proceedings that may be filed against it, which could have slowed down its debt restructuring process. "The restraining order allows the creditors an ...
The Federal Reserve has made it clear it is too soon to think about pulling back on stimulus for the pandemic-battered economy, but finds itself stuck between an improving outlook and inflation fears.
Video-sharing platform TikTok may launch a group messaging feature this year, people with knowledge of the discussions told Reuters, putting the Chinese-owned app in more direct competition with social media rivals such as Facebook.
Vodafone is expected to price shares in infrastructure unit Vantage Towers at 24 euros (US$28.60) each, valuing the firm at 12 billion euros in one of Europe's largest initial public offerings of 2021, bookrunners on the deal said on Wednesday.
BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving.
Futures tied to the S&P 500 and the Dow were subdued on Wednesday as investors held their breath ahead of the Federal Reserve's policy statement which could provide hints on whether the central bank would be forced to raise interest rates sooner than expected.
U.S. automotive safety regulators reviewed evidence related to an allegedly defective steering sensor that was used in roughly 778,000 older General Motors Co vehicles but ultimately decided against opening a formal investigation into the matter.
On a clear afternoon in November 2014, Glenda Marie Buchanan set off in her silver Chevrolet Trailblazer SUV from her home in rural Georgia. Several minutes into the drive, she started veering off the road. Buchanan swerved left and lost control, and the vehicle rolled onto its side into...
Wall Street thought 2020 was a frenetic year for special purpose acquisition companies (SPACs).
With Democrats at the helm, the U.S. securities regulator is pledging to crack down on companies and funds that mislead investors over climate change risks, but that may be easier said than done, more than a dozen attorneys and former agency officials say.
