The intentions, revealed in a public filing, come after the once-hot company’s share price closed at a new low and its enterprise value fell below zero.

Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.

Hipgnosis Songs Fund has agreed to a $1.4 billion takeover by Concord Chorus, which is owned by Alchemy Copyrights.

EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.

BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.

Congressional hearings on Wednesday examined the plane maker’s safety practices.