NEW YORK, Jan 20 A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations.
SAN FRANCISCO, Jan 20 Ride-hailing company Uber Technologies Inc has hired the man behind Google search to work closely with Chief Executive Travis Kalanick and help grow the company's self-driving car program.
* State-backed bank considers investment in chip business -sources
SAN FRANCISCO, Jan 20 Ride-hailing company Uber Technologies Inc. has hired the man behind Google search to work closely with Chief Executive Travis Kalanick and help grow the company's self-driving car program.
NEW YORK, Jan 20 Almost a third of the $875 billion leveraged loan market has taken advantage of huge demand for floating-rate assets to cut pricing on existing debt over the last year, shaving interest payments by millions of dollars, and the floodgates are still wide open, lenders said.
LONDON, Jan 20 China's Tencent Holdings and hedge fund Hillhouse Capital, headed by billionaire Zhang Lei, are taking stakes in British insurer Aviva's Hong Kong business, the insurer said on Friday.
Jan 20 British insurer Aviva said it had joined up with investment management firm Hillhouse Capital and Chinese internet services giant Tencent Holdings to start a digital insurance focused company in Hong Kong.
NEW YORK, Jan 19 Viacom Inc's Paramount Pictures will receive a $1 billion cash investment from two Chinese film companies, Shanghai Film Group (SFG) and Huahua Media, giving the U.S. studio much-needed cash and support as it attempts to grow.
WILMINGTON, Del, Jan 19 Telecommunications company Avaya Inc filed for Chapter 11 bankruptcy on Thursday to reduce its debt load of about $6.3 billion but said it would not sell its call center business, which it had tried to do last year.
Jan 19 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
WASHINGTON Donald Trump took power as the 45th president of the United States on Friday and pledged to end what he called an "American carnage" of rusted factories and crime in an inaugural address that was a populist and nationalist rallying cry. | Video