New York/London — Hertz Global Holdings has received a bid from Knighthead Capital Management and Certares Management to purchase the rental-car company out of bankruptcy for as much as $4.2bn, according to court documents.
In the latest edition of his Podcasts From The Edge, Peter Bruce speaks to widely-celebrated agricultural economist and government adviser Wandile Sihlobo about South African success in farming, and how that might be built on.
Much has been written about the optics of a judge who should be on precautionary suspension (but isn’t because he ended his suspension unilaterally and illegally years ago) electing to sit in a politically charged criminal trial. One in which the accused is a henchman of the pers...
London — British Prime Minister Boris Johnson says it is the “right time” for the UK and Ireland to launch a bid to host the 2030 football World Cup, while he added the country would also be willing to host extra Euro 2020 matches in 2021 if required.
Tokyo — Japan’s government clinched a much-needed symbolic victory in its prosecution of Carlos Ghosn with the successful extradition of two Americans accused of helping the former chair of Nissan Motor escape trial over a year ago.
New Delhi — India is ready to offer incentives to ensure Tesla’s cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south Asian country, transport minister Nitin Gadkari told Reuters.