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Indian airline Go First Airways said on Tuesday it was filing for insolvency resolution and can no longer continue to meet financial obligations, blaming U.S. company Pratt & Whitney's "faulty engines" for grounding of 50% of its fleet.
The European Central Bank could "neither go bankrupt nor run out of money" even if it were to suffer losses on the multi-trillion-euro pile of bonds it has bought under its stimulus programmes, ECB President Christine Lagarde said on Thursday.
South Africa will not rule out a 7-1 split between forwards and backs on their bench for the highly anticipated World Cup clash with Ireland on Saturday, director of rugby Rassie Erasmus said as he confirmed flyhalf Handre Pollard will not play.
Go-Ahead Group said on Thursday it had agreed to an increased buyout offer from Australia's Kinetic Holding and Spain-based Globalvia Inversiones, valuing the transport operator at 669 million pounds ($811.83 million).
Go Airlines (India) Ltd has received claims worth 240 billion rupees ($2.9 billion) from operational and financial creditors so far as part of the carrier's ongoing insolvency, two banking sources told Reuters.
Britain said it would seize control of Go-Ahead Group's Southeastern rail contract after the transport company admitted financial errors and repaid 25 million pounds ($34 million) to the government, the latest failure of the UK's franchise system.
Daniel Ricciardo said he was refreshed and ready to go for a Formula One comeback with AlphaTauri at the Hungarian Grand Prix that he hopes will lead to a dream return to dominant champions Red Bull.
Pilots at India's Go First face delays getting paid due to the airline's bankruptcy process and want the government to allow them to take up new jobs without serving long notice periods, a group representing the pilots said in a letter seen by Reuters.
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The women's tennis tour will inevitably go to Saudi Arabia, American great Billie Jean King said as she urged the WTA to push for social change if they decide to stage a tournament in the Middle Eastern nation.
China's rising middle class is no longer satisfied with mass-produced pork from imported Western "white pig" breeds. For older buyers in particular, Chinese black pork evokes childhood, when black-haired pigs were raised at home and slaughtered for family gatherings around Lunar New Year.
UK transport operator Go-Ahead said that it was now running more than 90% of its bus and rail services across the country but the pandemic was causing uncertainty over its outlook.
British transport operator Go-Ahead said that it had detected "unauthorised activity" on its network earlier in the week, adding that the cyber security incident had no impact on its UK or international rail services.
Former world number one golfer Adam Scott has questioned whether holding the Tokyo Olympics is a "responsible decision", pointing to fear among people in Japan as the country battles a resurgence of COVID-19 infections.
Lebanon's banks will go on a two-day strike from Monday, a senior banking source told Reuters and local media said.
South Africa coach Jacques Nienaber believes the British and Irish Lions tour should go ahead despite a third wave of COVID-19 infections which caused the country to go into a harsher lockdown on Sunday.
Pope Francis confirmed on Friday that in September he plans to go to Mongolia, a country that has fewer than 1,500 Catholics but is strategically significant for the Roman Catholic Church because it borders China.
A royal delivery from Windsor Castle helped the World Conker Championships go ahead as planned on Sunday after an unusually dry and warm summer had put the event at risk.
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U.S. President Donald Trump on Friday urged negotiators trying to hammer out a deal on coronavirus relief legislation to "go big."