Virgin Australia Holdings Ltd owes AUS$6.9 billion (US$4.39 billion) to more than 10,000 creditors based on an initial review, according to an affidavit from one of the company's administrators.
L Brands Inc filed a legal complaint against Sycamore Partners on Thursday, after the buyout firm walked away from a US$525 million deal to acquire a majority stake in the company's Victoria's Secret lingerie brand.
Economic downturn versus ecological degradation? It’s an unenviable choice between two equally unpalatable extremes for India’s leaders, says an observer.
There's no guarantee a coronavirus vaccine will arrive, so we need research to understand the best ways to use facemasks, hand hygiene, and other interventions to control the spread of the disease
Treasury Secretary Steven Mnuchin said he is considering a government lending program for U.S. oil companies looking for federal aid as they cope with a devastating plunge in prices, Bloomberg News reported on Thursday.
CHICAGO: All United Airlines flight attendants must wear a face covering or mask while on duty starting Apr 24, the airline said on Thursday, in the first such rule by a major US carrier. The Association of Flight Attendants (AFA), whose members work for United Airlines Holdings Inc and...
Asia equities face a bumpy session on Friday after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government stimulus were offset by stark economic data showing the toll of the coronavirus pandemic.
All United Airlines flight attendants must wear a face covering or mask while on duty starting April 24, the airline said on Thursday, in the first such rule by a major U.S. carrier.
Hertz Global Holdings Inc is working with debt restructuring advisers to explore options for shoring up its finances after the coronavirus pandemic killed demand for car rentals, people familiar with the matter said on Thursday.
WASHINGTON: The US House of Representatives overwhelmingly approved a US$484 billion coronavirus relief bill on Thursday (Apr 23), funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented near US$3 trillion. The measure passed the Democratic ...
