The restructure would give creditors many options such as converting debt into cash and extending maturity. It comes ahead of a liquidation hearing on January 20.
Outgoing president to impose new rules on AI chips to prevent US companies like Nvidia supporting technological development in China and other 'adversaries.'
Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally
Brazilian authorities probing BYD’s labour practices in the country say the carmaker brought hundreds of Chinese workers on irregular visas to build the factory
Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis
Meta imposes changes for the US market, but will continue its fact-checking programme in places like the European Union that take a more active approach to regulation of tech companies
Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.