APR
9

WeWork sues SoftBank for backing out of $3bn deal: US

Move escalates hostilities between investors who helped drive sky-high valuation of office group before its crash last year

APR
9

Swiss amend bankruptcy laws to protect firms hit by coronavirus crisis

Companies would be able to wait to file for insolvency if they are threatened with coronavirus-related problems

APR
9

Sabre wins court fight with U.S. Justice Dept over Farelogix acquisition

Judge Leonard Stark of the U.S. District Court in Delaware said in a brief order on Tuesday that he had ruled for the defendant,

APR
9

U.S. bankruptcy court approves $220 million sale of shale firm Alta Mesa

Bayou City and Mach Resources did not immediately reply to requests for comment on the court approval or the timing of the closing.

APR
9

Zoom hires ex-Facebook security chief as Google bans desktop app: US

That backlash includes a move on Wednesday by Alphabet Inc’s (GOOGL.O) Google to ban the desktop version of Zoom from corporate laptops.

APR
8

Donald Trump threatens to freeze funding for WHO

US president accuses global body of being ‘wrong’ about coronavirus outbreak in China

APR
8

French markets regulator backs extension of short-selling ban

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings

APR
8

U.S. deports 400 migrant children under new coronavirus rules

The overall number of 7,000 was first published by ProPublica, but the figure for children deported has not previously been reported.

APR
8

Zoom Sued for Fraud Over Privacy, Security Flaws: US

The lawsuit comes after agencies ban the video-conference app

APR
8

U.S. court rejects refiners´ challenge in EPA biofuel waivers case

Before the ruling, the Trump administration’s EPA had sought to ease the regulatory burden on refiners

APR
7

Japan declares state of emergency, nearly $1 trillion stimulus for coronavirus

The state of emergency, giving authorities more power to press people to stay at home and businesses to close

APR
7

In a first, China knocks U.S. from top spot in global patent race

China’s figure was a 200-fold increase in just 20 years

APR
7

US small business rescue runs into operational difficulties

Federal Reserve reveals new facility aimed at speeding flow of funds to main street

APR
6

EU focuses antitrust probe on Facebook’s online classifieds service

Rivals complain tech group uses dominant position to push Marketplace to its 2bn users

APR
6

Investors prepare legal action over disputed margin calls:US

Lawyers predict eventual claims to recover losses could match or exceed those generated by 2008 financial crisis

APR
6

Regulators free up $500bi. capital for lenders to fight virus storm: Germany

Moves by central banks around the world designed to add $5tn in extra credit for the real economy

APR
6

HSBC Hong Kong shareholders mull legal action over dividend suspension

Founded in Hong Kong about 150 years ago as Hongkong and Shanghai Banking Corp

APR
3

Bed Bath sues 1-800-Flowers for trying to renege on deal over COVID-19

Bed Bath said in its complaint, filed in Delaware’s Court of Chancery, that 1-800-Flowers told it on March 24 the COVID-19 outbreak

APR
3

FCC proposes to fine TracFone Wireless $6 million for subsidy violations: US

The Lifeline program provides a monthly discount of up to $9.25 on broadband and phone service for qualifying low-income consumers.

APR
3

JPMorgan pays $1bn to take full control of China fund venture: US

Purchase of remaining 49% stake in CIFM follows removal of foreign ownership cap on April 1

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