Reuters Company News

Latin America's largest airline LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the U.S. have filed for Chapter 11 bankruptcy protection in the United States.

Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died peacefully at the age of 98, his family confirmed on Tuesday.

Coffee company JDE Peet's set indicative price of 30-32.25 euros per share for its initial public offering (IPO), implying a market value of 14.9-16.0 billion euros ($16.3-17.5 billion).

Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors brushed past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.

U.S. private equity firm Warburg Pincus is raising its stake in Asian real estate fund manager ARA Asset Management Ltd (ARA) to 48.7% from 30.7%, as it seeks to capitalise on rising investor interest in property funds, both firms said in a statement.

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Israeli defence electronics firm Elbit Systems reported higher quarterly profit and said it has not been substantially impacted by the coronavirus outbreak.

Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday at the age of 98, state broadcaster China Central Television (CCTV) reported.

Britain's FTSE 100 index is seen opening 133 points higher at 6,127 on Tuesday, according to financial bookmakers. * LOCKDOWN: Britain will reopen thousands of high street shops, department stores and shopping centres next month, Prime Minister Boris Johnson said on Monday, setting out a timetable for businesses as part of moves to ease the coronavirus lockdown. * ASTON MARTIN: Aston Martin Chief Executive Andy Palmer is leaving the business as part of a manag

Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Walmart de Mexico paid $358 million in taxes after talks with the Mexican government over an even larger sum authorities had aimed to charge the retailer for the sale of a restaurant chain, the company said on Monday.

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Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.

Chile's Latam Airlines Group SA has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three countries, Brazilian newspaper O Estado de S. Paulo reported late on Monday.

Japan's government has given up on approving Fujifilm Holdings Corp's Avigan drug for the treatment of COVID-19 by the end of May, Kyodo News reported late on Monday citing a government official.

Australia's New Century Resources Ltd said on Tuesday it was in talks with Brazilian miner Vale's Canadian unit to buy the latter's nickel and cobalt operations on the Pacific island of New Caledonia. Brazil's Vale said it received non-binding offers for the nickel mining operations in April after putting them up for sale in December as the operation faced technical setbacks, a chemical spill and violent protests.

Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in U.S. stock futures as investors looked past Sino-U.S. trade tensions to a re-opening world economy.

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.