Page 726 - Bloomberg

Virgin Atlantic gets court approval for $1.6-billion rescue plan

The deal comes at a cost to Branson, who injected £200 million of his own money into the company, raised through the sale of shares in Virgin Galactic Holdings

Covid-19 impact: Australian GDP falls most on record; recession confirmed

Gross domestic product plunged 7 per cent from the first three months of the year, the largest fall since records dating back to 1959

Oracle loses appeal in $10 billion Pentagon cloud-computing contract fight

Oracle argued that the Defense Department unfairly and unnecessarily tailored the minimum contract requirements for Amazon and Microsoft

Beijing will soon reach a milestone in nuclear weapons build-up: US

The development of a nuclear triad raises the long-term stakes in the complex relationship between Beijing and Washington

High-yield contest in new phase as Indonesia-India spread jumps

Indonesia's 10-year bond yield climbed three basis points on Wednesday to 6.89%, after India's slid 18 basis points the previous day to 5.94%

Unacademy began as co-founder's hobby; start-up is now a unicorn

Unacademy now has 30 million registered users and 350,000 paying subscribers, almost four times as many as in February. The platform has more than 18,000 registered educators.

What's holding coronavirus vaccine front-runner back: A China-Canada spat

Chinese customs hasn't approved shipments of CanSino's vaccine to Canada, the National Research Council of Canada said in an Aug. 26 email\

One of the world's richest petrostates, Kuwait is running out of cash

Slow to adjust big-spending habits as oil revenues fall, the Gulf states are hurtling toward a moment of economic reckoning, prompting renewed debate over the future of nations

To soften Covid-19 blow, India plans to extend MGNREGA to the cities

The program, when approved, may be rolled out in smaller cities and initially cost about 350 billion rupees ($4.8 billion), said Sanjay Kumar, a joint secretary

Won't let Australians share news, threatens FB, sends warning to the world

The Australian government has drafted legislation to force the US tech giant and Google to compensate publishers for the value their stories generate for the platforms

Ford Motor to cut 1,000 North American salaried jobs amid overhaul

The job cuts are aimed at improving the automaker's efficiency and are not related to rising costs from the coronavirus pandemic, said people familiar with the action

Malaysia restricts entry of Indian, Philippine citizens amid Covid-19

The restrictions will affect those with long-term passes, students, expatriates, permanent residents as well as family members of Malaysians, Defense Minister Ismail Sabri Yaakob told reporters

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average

The change will take effect Oct. 1. The replacement is part of an annual review, with NGK Spark Plug Co. displacing Nippon Sheet Glass Co. in the Nikkei 300, according to the announcement

Euro-area inflation rate goes negative for first time since 2016

The inflation rate came in at -0.2%, missing economists' median estimate for a reading of +0.2%. Core inflation hit a record low

McDonald's faces discrimination suit by 52 black former franchisees

The 52 franchisees are seeking as much as $5 million in damages for each of the more than 200 stores that they operated

Can block, take down content even if it isn't illegal, says Facebook

Updates terms of service to avoid regulatory impact on the company

JPMorgan says investors should prepare for rising odds of Donald Trump win

People giving inaccurate answers could artificially skew polls in favour of Biden by 5-6%

Slowdown: India's Gen Z risks getting left out of formal jobs, says study

Prime Minister Narendra Modi imposed one of the world's most restrictive lockdowns from March 25, leading to a loss of about 122 million jobs

You think FAANG is distorting the S&P? Consider Alibaba, Tencent, Meituan

In China, however, the competitive landscape is a lot murkier. Alibaba continues to face fierce competition from JD.com Inc. and Pinduoduo Inc

Ladakh standoff: Latest India-China border row points to long-term conflict

The defense ministry in New Delhi said on Monday its soldiers were able to stop a push by Chinese troops to claim more ground late Saturday in violation of existing agreements