General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis.
U.S. chipmaker Broadcom has offered to scrap its exclusivity deals with TV and modem makers to end an EU antitrust investigation and stave off a possible hefty fine.
OSLO: Norwegian Air could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned on Monday. If bondholders, leasing companies and shareholders give a green light, the plan may help Norwegian survive the coronavirus ...
The Small Business Administration (SBA) on Monday will release US$310 billion in funds for the second round of its program that aims to help small businesses hurt by the novel coronavirus disruption to cover their payroll costs.
The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on Monday.
Britain's easyJet said it will hold a general meeting of investors on May 22 to consider resolutions put forward by its biggest shareholder and founder Stelios Haji-Ioannou, who opposes the airline's strategy of buying more planes.
SINGAPORE: Singapore Press Holdings (SPH) on Monday (Apr 27) announced it would be divesting wholly owned subsidiary Buzz Shop to Thai-Pore Enterprise for an undisclosed amount. "This divestment of a non-core business will sharpen SPH Group’s strategic focus on its main business segments of media ...
China's top market regulator has launched an inspection into Luckin Coffee , joining the country's securities watchdog in doing so as the coffee chain comes under scrutiny for fabricating millions of dollars worth of sales deals.
U.S. chipmaker Broadcom has offered to settle an EU antitrust investigation into its exclusivity deals with TV and modem makers, EU antitrust regulators said on Monday.
NEW DELHI: More than 500 garment factories in Bangladesh that supply to global brands reopened on Monday (Mar 27) after a month-long shutdown to curb the spread of the coronavirus, while in India calls grew for an easing of its lockdown which has caused deep economic pain. Clothing manufacturers...
