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Made.com abandons hope for rescue buyer

Made.com Group Plc, the British online furniture retailer, abandoned hopes to find a rescue buyer and said it’s taking steps to try to protect its creditors and shareholders. The company, which warned it was running out of cash, decided that there “is no reasonable prospect” for an offer and terminated the sale process. It has halted new orders to its ...

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Boeing 737 Max set for China return with airline scheduling

China Southern Airlines Co. has added the Boeing Co. 737 Max back to its schedule in what would be the model’s first commercial passenger flight in China since regulators grounded it in 2019. The airline plans to deploy the Max from October 31 on at least one daily roundtrip from Guangzhou to both Wuhan and Zhengzhou, according to its booking ...

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Biden crows about chips bill, says Xi ‘concerned’

President Joe Biden said China’s leader had expressed worries about the US strengthening its domestic production of semiconductor chips as his administration moves to reduce reliance on Asian suppliers and restrict Chinese access to chipmaking technology. “I’ve heard from Xi Jinping that he’s a little concerned about that,” Biden said Thursday in Syracuse, New York, as he delivered a speech ...

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