The firm requires an additional €226 million to survive, in addition to the €1 billion it raised last month in a recapitalisation plan with Chinese shareholder Fosun.
Germany expects tough EU talks on energy taxes to counter climate change
The Organisation for Economic Cooperation and Development has cut its world forecast to 2.9% this year before a predicted 3.0% in 2020
The US Federal Reserve cut rates for the second time since July cited global developments and "muted inflation pressures".
Europe had a decrease in the number of asylum applications by 10% in 2018.
Family migration, where people migrate with, or to join, family members, increased by 9% and labour migration by 6%.
With 394 MEPs in favour and 206 against Christine Lagarde won the European Parliament approval to lead the European Central Bank.
The European Union's ruling on Apple taxes "defies reality and common sense' - says the US company as it launches a legal challenge against the 2016 decision.
Oil prices rose by nearly 20 percent - the biggest intra-day gain since 1991 - after the attack on Saudi Arabian oil facilities over the weekend.
US 'locked and loaded' as oil prices surge after Saudi oil attack
ITU Telecom World 2019 gathers governments, industry and entrepeneurs in Budapest, Hungary. This year's topic focuses on the importance of global collaboration in the telecom world: "Innovating together: connectivity that matters".
Seven years ago, in the very midst of the Eurozone sovereign debt crisis, Mario Draghi promised to do "whatever it takes" to preserve the euro. He now adds one more vow - to do it for as long as necessary.
What happens if there is no Brexit deal?
A few pages of the UK's government assessment, "Operation Yellowhammer" offers a rare glimpse at what a no-deal Brexit looks like.
At the Frankfurt Car show European carmakers have expressed the concerns over Brexit saying it will be a problem for both European and British automotive industry.
It would take some time for the British Airways flights to return to normal after a pilots strike this week. The company has warned passengers of further disruption: the strike left aircraft and crew in the wrong place.
A stark warning from climate groups including Greenpeace - SUVs should be banned as part of a wider campaign to curb pollution by the auto industry.
Carmakers near CO2 cliff-edge in electrification race
Britain's gross domestic product increased more than expected in July dampening fears it will succumb to its first recession since the financial crisis as the Brexit crisis escalates