Bloomberg JC Penney Co is preparing for talks with its creditors on possible transactions to ease its debt burden and give the company’s new chief executive more breathing room ahead of the critical holiday season. Advisers for the department-store chain and some of its bondholders are close to signing non-disclosure agreements, and expect to do so by the end of ...

Bloomberg With a crucial summit for the Boeing Co 737 Max looming this week, regulators are downplaying the threat of a rupture to a decades-old working relationship between US and European aviation authorities. On the eve of a gathering of about 50 airworthiness experts in Montreal, the top European regulator, Patrick Ky, suggested that the Max could return to the ...

Bloomberg Hong Kong’s economic situation continues to darken, with the city’s trade body now expecting exports to shrink this year to the worst levels in a decade amid the ongoing US-China trade war and slowing global economy. The Hong Kong Trade Development Council slashed its 2019 growth forecast to a 4 percent contraction, a further reduction from prior expectations of ...