A group of Boy Scouts' insurers on Friday asked a judge to delay the youth group's exit from bankruptcy to allow them more time to appeal a record-setting $2.46 billion settlement of sexual abuse claims.
Air India, until recently tied to an antiquated manual pricing system when setting airfares, is shifting to algorithm-based software long used by rivals to help it squeeze out more revenue from each flight.
Sri Lanka's central bank is expected to keep interest rates unchanged at a policy meeting next week, a month after a 100 basis points increase ahead of a bailout package from the International Monetary Fund (IMF).
As the dust settles on a surprise move by Switzerland to write down $17 billion of bonds under Credit Suisse's rescue, the market for debt designed as a shock absorber for banks faces a long haul to regain investor trust.
Debt restructuring programmes in Ghana and Zambia are going in "diverging directions" due to Zambia's larger exposure to Chinese lenders and its weaker ability to cope with a large amount of debt, investment bank Citi said on Friday.