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Tag: catastrophic

Credit Suisse eyes more cost cuts, SonntagsZeitung reports

Credit Suisse (CSGN.S) is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources.

Exclusive: FAA urges airlines to act as wireless carriers plan 5G signal boost

The U.S. Federal Aviation Administration (FAA) on Wednesday urged the chief executives of major U.S. airlines to move quickly to address risks from a 5G wireless rollout, in a bid to avoid potential disruptions at key airports from next month.

Major U.S. airlines warn 5G could ground some planes, wreak havoc

The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending “catastrophic” aviation crisis in less than 36 hours, when AT&T (T.N) and Verizon (VZ.N) are set to deploy new 5G service.

Some investors have not got Evergrande unit’s bond interest due Nov 6: sources

Some holders of offshore bonds issued by a unit of developer China Evergrande Group (3333.HK) had not received interest payments due on Nov. 6 by Monday morning in Asia, two people familiar with the matter said.

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