Exclusive: Cathay Pacific’s brand merger hits roadblock from China’s aviation regulator – sources
China’s aviation regulator may make it difficult for Hong Kong’s Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because...
Walmart’s Mexico unit pays scaled-down tax of $358 million after government talks
Walmart de Mexico paid $358 million in taxes after talks with the Mexican government over an even larger sum authorities had aimed to charge the...
Chile’s Latam Airlines Group hires PJT Partners to restructure debt: report
Chile’s Latam Airlines Group SA has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three...
Japan shares reach 10-week high, look past Sino-U.S. tension
Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in U.S. stock futures as investors looked past Sino-U.S. trade...
Michelin says its Mexican plants have resumed operations
French tire maker Michelin resumed operations at its two plants in Mexico on Monday, saying that activity will be staggered at first....
Walmart de Mexico says it has paid $358 million to tax authorities
Mexico’s biggest retailer, Walmart de Mexico, said on Monday that it had paid 8.08 billion pesos ($358 million) to Mexican tax authorities in relation to...
Nissan and Renault shelve merger plans to repair their alliance: sources
Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to...
Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns
Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation’s automotive industry reboots in line with a broader economic...
UBS announces global financing team
UBS said on Monday it has created a new global financing team, a group that will span across divisions under one group in order to...
French billionaires raise stakes in defence of publisher Lagardere
France’s business elite closed ranks around publishing group Lagardere on Monday with LVMH’s Bernard Arnault and Vivendi’s Vincent Bollore swooping in to bolster its defences...