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Hong Kong (Reuters) - Debt-laden China Evergrande Group, the country's second largest property developer, has pleaded for government support to approve a restructuring plan that has languished for four years, warning it faces a cash crunch that could lead to systemic risks, according to people familiar with the matter.
Social media operator’s move to use threat on Australia comes under fire
Organizers of a growing Facebook Inc advertising boycott said they saw "no commitment to action" after meeting with Chief Executive Mark Zuckerberg on Tuesday.
NEW YORK: Starbucks Corp will pause advertising on all social media platforms as it explores the best ways to help stop the spread of hate speech, the company said in a statement on Sunday.
ELON Musk lashed out at the California county blocking Tesla Inc. from reopening its only U.S. car plant, threatening to immediately relocate operations to other states and cease manufacturing at the factory.
PETALING JAYA: AirAsia Bhd and AirAsia X Bhd have filed a judicial review challenging the Malaysian Aviation Commission (Mavcom) for declining to decide its disputes with Malaysia Airport (Sepang) Sdn Bhd (MASSB) pertaining to the passenger service charge (PSC) and poor level of service at KLIA2.
NEW YORK: Elon Musk told a New York judge that a pair of tweets he sent last month about Tesla Inc. weren’t improper, rebuffing a request by the U.S. Securities and Exchange Commission to hold him in contempt for violating earlier restrictions on his social-media posts.
Request for documents came after CEO Elon Musk’s tweet in August
SINGAPORE: As Malaysia’s most powerful man, Datuk Seri Najib Razak worked hard to keep the public from accessing information about a multi-billion dollar scandal at state fund 1MDB. Now they just might find out all the juicy details.