October 19, 2019

SoftBank seeks to avoid WeWork’s liabilities with new investment: sources

SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the U.S. office-space sharing firm, according to […]
October 19, 2019

China’s indebted HNA group names chairman’s son as president: Caixin

China’s indebted HNA Group has appointed its chairman’s son as president as part of business restructuring at the finance-to-aviation conglomerate, Chinese financial magazine Caixin reported on […]
October 19, 2019

Mnuchin backs proposal to double IMF’s crisis fund

U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund’s $250 billion crisis lending fund […]
October 19, 2019

Exclusive: Huawei in early talks with U.S. firms to license 5G platform – Huawei executive

Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive […]
October 19, 2019

Opioid settlement talks fail, landmark trial expected Monday

A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a […]
October 19, 2019

Boeing pilots’ messages on 737 MAX safety raise new questions

A Boeing Co senior pilot said he might have unintentionally misled regulators, in a series of internal messages from 2016 that became public Friday, plunging the […]
October 19, 2019

FAA turns over emails from former Boeing 737 pilot

The U.S. Federal Aviation Administration (FAA) on Friday turned over 10 pages of emails to Congress from a former chief technical pilot on the Boeing 737 […]
October 19, 2019

Boeing 737 MAX test pilot grappled with simulator flaws, too

In newly released text messages from 2016, a top Boeing 737 MAX test pilot tells a colleague that the jet’s MCAS flight control system – the […]
October 18, 2019

Dollar weakens on Brexit, shares sapped by weaker China growth

The dollar posted its worst week in almost four months on Friday, pummeled by sterling and euro rallies driven by a deal on Britain’s departure from […]
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