Funds controlled by activist investor Elliott Management have agreed to extend $75 million in financing to bankrupt airline Avianca Brasil, according to documents seen by Reuters on Wednesday. A term sheet signed by Manchester Securities Corp, Elliott Associates and Elliott International was...

Will Brexit really happen on March 29? Unlikely, analysts say, despite Prime Minister Theresa May's insistence that Britain will split from the EU by the looming deadline. With her divorce deal with Brussels currently stuck in the UK parliament and fears of economic chaos in case of a messy...

Iranian Deputy Speaker of Parliament Ali Motahari on Wednesday said his country's policy of promoting "Shia doctrine" in the region had adversely affected its foreign policy. “Iran’s current political approach is problematic, both internally and externally,” Motahari was quoted as...

The US Army said Wednesday it wants to purchase a limited number of Iron Dome short-range air defense systems, an interceptor technology developed by Israel with US support. Army spokesman Colonel Patrick Seiber said the deal would meet a short-term need to protect troops from "indirect...