China's Big Airbus Order Isn't an All-Clear for Airline Stocks 

The big three Chinese carriers have just placed their first significant order since the pandemic began. But all isn't well just yet: There are still some obvious squalls brewing.

New Zealand Treasury Bars Wall Street Journal From Restricted Briefings Until 2025 

New Zealand's Treasury will bar The Wall Street Journal from attending restricted briefings for three years for publishing budget information before the scheduled release time in May.

Smaller Companies Are Urged to Adopt Multifactor Authentication 

Too many small and medium-size businesses rely on usernames and passwords alone to secure their systems, leaving them vulnerable to cyberattacks that could otherwise be prevented, government officials and cybersecurity chiefs say.

Private-Equity Firms Poach Talent to Chase Wealthy Investors 

Alternative-asset managers are furiously hiring investment advisers and marketers as they seek to raise capital from individual investors.

Little-Known Abortion Pill Maker Faces Scrutiny 

The debate over medication abortions draws in the lone U.S. manufacturer of brand-name mifepristone.

European Travel Just Got Harder After SAS Pilots Strike 

Pilots at Scandinavia's main airline walked out, starting a strike that the carrier said will hobble operations. Separately, the chief operating officer at European discounter easyJet resigned.

SAS Files for Bankruptcy Protection in US 

SAS has filed for chapter 11 bankruptcy protection in the U.S. as it seeks to push through its comprehensive financial restructuring to cut costs and raise capital under the supervision of the U.S. court system.

AstraZeneca Unveils TeneoTwo Buy 

AstraZeneca has agreed to buy TeneoTwo for up to $1.27 billion in a deal that strengthens its haematological cancer pipeline.

Rio Tinto Forced to Halt Work on Simandou Iron-Ore Project 

Guinean officials have ordered work be stopped on the Simandou iron-ore project, in which Rio Tinto has a stake, after an extended deadline to complete negotiations on a joint venture was missed.

China's Covid Isolation Spurs Beijing-Based Development Bank to Open Overseas Office 

Abu Dhabi is among the preferred locations for an interim office of the Asian Infrastructure Investment Bank, according to people briefed on the matter, as the multilateral lender grapples with China's strict Covid rules on overseas travel.


(END) Dow Jones Newswires

July 05, 2022 07:15 ET (11:15 GMT)

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