The Scandinavian Airlines SAS has reached an agreement in principle with investors to convert existing debt into new debt or shares. This marks a vital part of the airline’s plan to recapitalise and keep flying after the COVID-19 crisis.

A recently leaked internal Google document suggests that the company has marked the fourth quarter of next year for the release of a foldable Google Pixel phone, according to 9to5Google reports. The device, codenamed “Passport,” is said to be explicitly referred to as being “foldable,” and is included alongside a list of all Pixel devices going back to 2017’s Pixel 2.

Munich prosecutors announced on Thursday they had indicted another four former Audi managers in relation to alleged cheating on emission tests for diesel engines. "The four are accused of fraud, false certification and criminal advertising," a statement by the prosecution office said.

German airline Lufthansa was deep in the red in the second quarter, posting a net loss of €1.5 bn, the carrier disclosed on Thursday. The operative loss was much higher at €1.7bn, as the effects of the coronavirus pandemic took hold, dpa reported.

Samsung’s anticipated Unpacked 2020 event is all packed up. The Galaxy Note 20 and Note 20 Ultra are now real things, as are the Galaxy Tab S7 tablet, the Galaxy Watch 3, and the Galaxy Buds Live (FKA “Beans”). Also, it announced the new Galaxy Z Fold 2. 

German carmaker BMW on Wednesday registered a loss of €212m ($250.6m) in the second quarter of the year as demand slumped as a result of the coronavirus pandemic. The higher-than-expected loss, which before interest and taxes came in at €666m, compared with a profit of €1.48bn for the same period in 2019.

A group of investors managing more than $16 trillion on Wednesday launched the world’s first step-by-step plan to help pension funds and others align their portfolios with the Paris Agreement on climate change, news wires reported.

Computer programmers may soon design the ultimate program: A program that designs programs. This comes after last week, a team led by Justin Gottschlich, director of the machine programming research group at Intel, announced the creation of a new machine learning system that designs its own code. They call the system MISIM, Machine Inferred Code Similarity.

China will not accept the United States' "theft" of a Chinese technology company, state media said on Tuesday, and Beijing has ways to retaliate against Washington's pressure on the Chinese-owned short video app TikTok.

Ukraine's state energy firm Naftogaz confirmed it would not resume buying natural gas from Russia, suspended since late 2015, until Moscow offered it competitive prices and conditions. "Reform of the Ukrainian gas market has created an opportunity for any Ukrainian or foreign trader to buy gas from Russia, should prices and conditions be competitive. But, so far, Russia hasn't offered gas under these terms," Andriy Kobolyev, Naftogaz's chief executive told Reuters in an email. "Ukraine will never go back to the days of corrupt energy deals and energy dependence on Russia, and they know that," he added.