Qantas Airways Ltd. said air-travel demand will outstrip available seats for the foreseeable future, a forecast that suggests passengers will have little respite from soaring fares any time soon.
Chinese energy giant State Power Investment Corp. is in advanced talks to buy Latin American power producer Inkia Energy Ltd. from I Squared Capital, according to people familiar with the matter.
Prime Minister Narendra Modi assumed office nearly a decade ago with a goal of privatizing more of India’s floundering state-owned assets. For the nation’s business elite, that message was a clarion call to rescue an inefficient public sector.
Top M&A advisory firms are following the advice they give to their own clients: buy when targets are cheap and consolidate to ride out the downturn.
TikTok will “soon” grant Oracle Corp. full access to its source code, algorithm and content-moderation material as part of efforts to alleviate national security concerns about the app.
Oxford, Swindon, Exeter, Bristol and Southampton were named the best places to live and work in the UK based on a survey of economic wellbeing by PricewaterhouseCoopers LLP.
Micron Technology Inc.’s stock declined after China’s cyberspace regulator said that its products failed to pass a cybersecurity review, a move that jeopardized the company’s sales in a crucial market.
Two Federal Reserve hawks saw the need to raise interest rates further this year, days after Chair Jerome Powell signaled a pause in June, while two other officials voiced support for patience.
Binance Holdings Ltd. won dismissal from a lawsuit brought by a Texas woman who said she was swindled out of $8 million as part of a crypto fraud orchestrated by a man she met on Tinder.
The American Civil Liberties Union sued Florida over a law championed by Governor Ron DeSantis that bars most Chinese citizens from buying homes in the state.
