Business

New Italian airline to take off on October 15

Tough talks between Italy and the European Commission on a plan to replace struggling Alitalia have laid the groundwork for a new, streamlined flag carrier, the economy ministry said Thursday.

Business

Indian food delivery giant Zomato eyes $1.3bn IPO

Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via an initial public offering, the latest firm to take advantage of a strong rally in local equities.

Business

TikTok urges US court order to block Trump ban

A federal judge Thursday urged the Trump administration to consider delaying a ban on new downloads of the popular video app TikTok and hinted he might block the government's order set to take effect on Sunday.

Business

Trump says no TikTok deal yet amid security concerns

President Donald Trump said on Wednesday he wasn't ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States.

Business

James Murdoch takes stake in Vice Media: report

James Murdoch, one of the sons of mogul Rupert Murdoch, has taken a minority stake in the fast-growing millennial-focused Vice Media, the Financial Times reported Thursday.