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Business 04 Sep 2019 | 7:00 AM

Mozambique wants Credit Suisse, Privinvest to help pay bonds

MAPUTO: Mozambique wants a UK court to order Swiss lender Credit Suisse Group AG, shipbuilder Privinvest and others to share responsibility for repaying a US$727mil Eurobond the government is restructuring.

Business 24 Jul 2019 | 11:09 PM

What Google, Facebook could face in US antitrust probe

NEW YORK: The U.S. Department of Justice is investigating whether big technology companies are engaged in anticompetitive behaviour, addressing a rising tide of criticism they have become too powerful to the detriment of consumers

Business 18 Jul 2019 | 11:56 PM

Boeing takes US$4.9b charge for prolonged grounding of 737 MAX planes

SEATTLE: Boeing Co said on Thursday it would take an after-tax charge of US$4.9bil in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger jets after two deadly crashes.