The number of oil company bankruptcies rose 50% in 2019 over the previous year, as a slide in prices continued to shake producers in the United States and Canada, Dallas law firm Haynes and Boone said in a report released on Wednesday.
The head of aircraft lessor Avolon, which has committed to a fleet of 148 Boeing 737 MAX jets, said he believed the planemaker's new June to July horizon for getting the grounded aircraft back in the air was a "worst case scenario."
Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 max production "months" before its forecasted mid-year return to service.
Italy's biggest bank UniCredit said on Wednesday it had appointed a number of senior managers to new roles, shuffling people across jobs as it works to implement its 'Team 23' four-year plan unveiled in December.
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expected to defend a U.S. extradition request in a third day of hearings on a case that has strained relations with China.
If you have a high-deductible health plan at work, you probably have a health savings account along with it, too. Though so-called HSAs bring a bevy of tax advantages, many investors aren't using them to their full potential.
The chief executive of one of the world's largest aircraft lessors, Aercap , expects the new coronavirus that has emerged from Wuhan, China to impact Chinese airlines' profitability in the first quarter.
"I haven't sold any shares and I'm still very bullish on it," the Dallas Mavericks owner said.
Tesla is still one of the most heavily bet-against stocks in the U.S. even as the stock almost daily hits new record highs.
Google researchers have found multiple security flaws in Apple Inc's Safari web browser that allowed the tracking of users' browsing behavior, Financial Times reported on Wednesday, citing a soon-to-be published paper.
China's Hainan Airlines will halt regular direct flights between Beijing and Prague starting in March, the Prague Airport and the Czech Foreign Ministry said on Wednesday.
InterContinental's Asia Pacific revenue was down 27% year-over-year in 2003, when the SARS virus swept China.
Boeing Co is taking a fresh look at a potential new mid-market aircraft, Chief Executive Dave Calhoun said on Wednesday, putting the brakes on a project that became overshadowed by the fallout of the 737 MAX.
Angola's public prosecutors named former first daughter Isabel dos Santos as a formal suspect on Wednesday over alleged mismanagement and misappropriation of funds during her time as chairwoman of state oil company Sonangol, Portuguese news agency Lusa said.
Lebanon's new government faces huge upcoming debt repayments and a currency peg at breaking point, but it may already have run out of the hard cash firepower it needs to tackle these problems.