News Highlights: Top Company News of the Day
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
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
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
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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