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SINGAPORE (Reuters) – Malaysia Aviation Group, the holding company for Malaysia Airlines Bhd, said in a letter to lessors the group is unlikely to be able to make payments owed after November unless it receives more funding from state fund Khazanah.

FILE PHOTO: Malaysia Airlines planes are pictured at Kuala Lumpur International Airport in Sepang, Malaysia, July 22, 2019. REUTERS/Lim Huey Teng

The letter, reviewed by Reuters, follows a request by the troubled carrier for steep discounts on aircraft rentals from its lessors as part of a broad restructuring plan, three sources with knowledge of the matter said.

The letter added that in the absence of an implemented restructuring by the end of the year, Khazanah, its sole shareholder, “intends to divert all efforts and funds to an alternative company with an existing air operator’s permit to ensure connectivity for Malaysia (i.e. Plan B).”

The alternative company was not named.

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Get $10 for Prime Day after buying these products. (Photo: Natural Dog Company / Leather Honey)

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission.

In case you didn’t know, Amazon Prime Day is coming. The massive shopping extravaganza will begin on Tuesday, October 13 and run for 48 hours. It’s a little later this year due to the coronavirus pandemic, but you’ll still be getting the same incredible price drops on top-rated products. Plus, there’s another way you can get additional savings this go around: supporting small businesses.

There are hundreds of small businesses that sell their products on Amazon, and if you spend $10 at select small businesses up until Monday, October 12 (the day before Prime Day), you’ll get a $10 credit you can use towards a Prime Day purchase. That’s like getting free money for

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  • A group led by Coresight Research and rewards app Shopkick is hoping to save the holiday shopping season with a new festival called “10.10,” taking place on October 10. 
  • 10.10 takes a cue from Alibaba’s massive Singles’ Day shopping festival in China held on November 11, which generated about $38.3 billion in sales last year. 
  • By offering discounts on October 10, the group is hoping to elongate the holiday season and mitigate potential issues with shipping and fulfillment.
  • Visit Business Insider’s homepage for more stories.

A group of retail insiders are banding together in an effort to save the holiday shopping season — as the industry weathers a year unlike any before.

To do so, stakeholders are looking to create a brand-new shopping festival called “10.10,” taking place online on October 10.

The occasion is a nod to China’s massive Singles’ Day shopping event, which happens on November 11 (11/11)

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A masked student studies outside the closed Wilson Library on the campus of the University of North Carolina at Chapel Hill.

Photographer: Melissa Sue Gerrits/Getty Images

The coronavirus pandemic led to an extraordinary and almost overnight shift to online learning at MBA programs. Because of the overwhelming impact on business school education, this year Bloomberg Businessweek chose not to rank MBA programs. Instead, we surveyed 3,532 first- and second-year students from 95 schools around the world to understand what was working in the now-online programs—and where students felt shortchanged.

Half of all students would be willing to see at least 20% of their coursework go online in exchange for some level of tuition discount. Students at more expensive schools were less likely to say that their online education was worth the tuition.

The survey, conducted from May to early August, included top-ranked schools like Stanford,

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Rockstar has revealed the full details for GTA Online‘s latest update: Business Battles.

“The revamped Business Battles featured as part of the Los Santos Summer Special are even more lucrative this week,” reads a press release from Rockstar regarding the event. “There’s chatter (and grainy security camera footage floating around the dark web) suggesting that The Diamond’s vault may have received a shipment of gems this week.”

According to Rockstar, this upcoming event will allow you to “stage a cooperative assault on an idling aircraft carrier and fight your way through one of several factories to earn hefty pay-days” as well as stage a Casino Heist in pursuit of the contents of the aforementioned vault in The Diamond casino. Speaking of the casino, the Invetero Coquette D10 is being added to the Lucky Wheel podium this week, so be sure to give it a spin for the chance to

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Adds details

LONDON, Aug 19 (Reuters)British inflation jumped unexpectedly last month to its highest rate since March, pushed up by clothing retailers refraining from their usual summer discounts as they reopened from the coronavirus lockdown, official data showed on Wednesday.

Annual consumer price inflation rose to 1.0% in July from 0.6% in June, the Office for National Statistics said.

That was above all forecasts in a Reuters poll of economists that had pointed to an unchanged rate of 0.6%.

Clothing and footwear prices were the biggest contributor to the rise in inflation, the ONS said.

In most years retailers slash clothes prices between June and July to clear out their summer ranges in preparation for autumn.

This year, the drop in clothing and footwear prices was unusually small, perhaps reflecting discounting early in lockdown.

“We’ve seen a very different pattern this year, we’ve not seen

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