India plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday.
Boeing Co has told the Brazilian planemaker Embraer that Embraer has not met conditions needed to complete a civil aerospace tie-up, meaning the $4.2 billion deal is off for the foreseeable future, two people familiar with the matter said.
Lion Point is a concentrated credit and equity hedge fund co-founded by former managers from Elliott Associates and Perry Capital.
Abu Dhabi's Etihad Airways said on Saturday it would extend its suspension of scheduled passenger flights until at least May 16 due to the coronavirus outbreak.
Fabian Videla was one of the small-business owners to get approved for his $60,000 loan from the government, which should keep his employees paid for the next two months. Here's his advice to others trying to get one.
Boeing Co on Saturday said it had canceled a $4.2 billion deal to buy the commercial jets division of Embraer , unraveling years of work on what the Brazilian planemaker expected to be a transformative move.
The U.S. Treasury Department has disbursed $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion the amount of funds provided to the sector hit hard by the coronavirus pandemic, the department said on Saturday.
If you're receiving SSI or veterans benefits, you have until May 5 to submit information to the government to make sure your eligible children are included in your stimulus payments. Plus, an update on when all beneficiaries can expect their money.
Boeing Co on Saturday pulled out of a $4.2 billion deal to buy the commercial jets division of Brazil's Embraer , unraveling years of work on a transformative move driven by expanding competition with Europe's Airbus .
Boeing Co on Saturday pulled out of a $4.2 billion deal to buy Embraer's commercial jets division, sparking a furious response from its jilted partner and leaving plans for a U.S.-Brazil alliance from regional jets to jumbos in tatters.
By Julie Steenhuysen, Peter Eisler, Allison Martell and Stephanie Nebehay
The U.S. Treasury Department said on Saturday it has released $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion provided to the airline sector hit hard by the coronavirus pandemic.
Potbelly, which received the maximum loan amount, has a market cap of $71.2 million.
Tesla Inc is calling some workers back to its San Francisco Bay Area vehicle-assembly plant next week, Bloomberg News reported on Saturday.
Virgin Atlantic is still talking with the British government about a bailout package to cope with the devastating effects of the coronavirus outbreak on travel as well as focusing on private sector funding, a company spokeswoman told Reuters.