TotalEnergies to Invest $27 Billion in Iraq

The French energy giant signed a 25-year deal spanning fossil fuel and renewables. 


 
Chinese Firms Adopt More Rigorous Sexual-Harassment Policies

The sexual-assault scandal at Alibaba Group that spurred an online backlash about workplace culture is driving other Chinese companies to confront, or create, their own policies on sexual harassment. 


 
Boeing Dreamliner Delivery Likely Delayed Until October

The aerospace giant has been unable to persuade the Federal Aviation Administration to approve its inspection proposal as delivery delays approaching one year could let airlines and other customers cancel or renegotiate Dreamliner orders. 


 
Chip Shortage Has Spurred Demand for Little-Known Component

The critical but low-margin parts called substrates help semiconductors communicate. Sourcing them has become a priority for companies including Intel. 


 
Brazil's Patria Investments Is Expected to Acquire Chilean Firm Moneda

Patria Investments, a Brazilian private-equity manager backed in part by Blackstone, is expected to announce an agreement to acquire Chilean firm Moneda Asset Management as it seeks to expand its reach in Latin America, a person familiar with the matter said. 


 
Philippine Airlines Files for U.S. Bankruptcy

Philippine Airlines filed for bankruptcy in New York, hammered by prolonged travel restrictions and a decline in tourism to the airline's home country due to the Covid-19 pandemic. 


 
UBiome Co-Founder Sued for $25 Million Over Startup's Bankruptcy

Jessica Richman, a co-founder of uBiome who is already facing federal fraud charges over the failed lab-testing company, has also been sued for $25 million over investors' losses. 


 
Lyft, Uber to Cover Legal Costs of Drivers Sued Under Texas Abortion Law

Lyft's CEO said the Texas law that bars abortion after about six weeks of pregnancy "threatens to punish drivers for getting people where they need to go." 


 
Mall Landlord Washington Prime Nets Smooth Exit From Chapter 11

A bankruptcy judge who expected a fight when Washington Prime filed for chapter 11 said he was surprised when the mall landlord's creditors and shareholders reached broad agreement on its restructuring terms. 


 
U.K. Asks Companies to Tweak Internet Privacy Language So Kids Can Understand

The country's new Children's Code requires clearer explanations and promotes the use of diagrams and cartoons.

(END) Dow Jones Newswires

09-05-21 2115ET