Showing 1 - 10 of 171
Hollywood writers strike looms as deadline nears
AFP, Published on 01/05/2023
» LOS ANGELES - Hollywood faced a cliffhanger moment Monday as talks to avert a potentially catastrophic strike by thousands of TV and movie writers remained unresolved just hours before a crunch deadline.
UBS against the clock in Credit Suisse takeover talks
AFP, Published on 19/03/2023
» ZURICH - UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
Musk eyes torrid growth at Tesla, but offers no big new reveals
AFP, Published on 02/03/2023
» NEW YORK - Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day filled with ambitious targets but short on details sought by Wall Street.
Staff shortages dent Hong Kong air hub hopes
AFP, Published on 18/01/2023
» HONG KONG: Regional airlines are struggling to ramp up flights to Hong Kong because of staff shortages at the airport, slowing the city's plan to recapture its travel hub status, industry insiders have told AFP.
Southwest Airlines faces storm of criticism over holiday chaos
AFP, Published on 28/12/2022
» NEW YORK - More than 10,000 flights cancelled over the Christmas holiday, chaos at airports across America: Southwest Airlines found itself in the hot seat Tuesday as the airline behind the lion's share of the weather-linked travel mayhem.
Ex-Wirecard CEO goes on trial over 'unparalleled' fraud
AFP, Published on 05/12/2022
» FRANKFURT, Germany: Ex-Wirecard CEO Markus Braun goes on trial in Munich this week for his role in the collapse of the once-celebrated payments firm, brought down by the biggest accounting fraud scandal in German corporate history.
Bankman-Fried apologises, says didn't 'try to commit fraud'
AFP, Published on 01/12/2022
» NEW YORK: Former FTX Chief Executive Sam Bankman-Fried apologised Wednesday for a "lot of mistakes" in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently.
Elon Musk sells nearly $4bn in Tesla stock: SEC filing
AFP, Published on 09/11/2022
» WASHINGTON: Tesla chief Elon Musk sold nearly US$4 billion worth of shares in the electric car company, SEC filings showed Tuesday, more than a week after he closed his $44 billion acquisition of Twitter.
Anatomy of the week the Musk tornado hit Twitter
AFP, Published on 06/11/2022
» SAN FRANCISCO - The whirlwind week that Elon Musk took over Twitter began with sleepless nights for company engineers -- and ended with half the staff getting the axe.
Germany's Scholz arrives in China to boost economic ties
AFP, Published on 04/11/2022
» BEIJING: German Chancellor Olaf Scholz arrived in Beijing Friday seeking to bolster a vital economic relationship but facing criticism about his country's heavy reliance on a nation growing more authoritarian under Xi Jinping.