China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:57
Scholz Sees Green Tech Investment Rousing Germany’s Slow Economy
Chancellor Olaf Scholz sees upcoming green tech investments in Germany helping revive growth in Europe’s largest economy. Spending
2023-08-13 23:28
Wilko’s Fall Leaves a Gaping Hole in British Town Centers
The last thing Britain’s economy needed was a collapsing retailer with 400 stores across the country. That’s what
2023-08-12 14:19
Three Arrows Co-Founder Avoids Big Fine for Snubbing Subpoena Sent Over Twitter
A co-founder of bankrupt crypto hedge fund Three Arrows Capital dodged having to pay a potentially hefty fine
2023-08-12 02:27
PayPal’s Stablecoin Debut Faces Headwinds, Bank of America Says
PayPal Holdings Inc.’s rolling out of a stablecoin will drive payments efficiencies and improve customer experience even though
2023-08-12 00:45
Google’s Waymo, Cruise Can Expand in San Francisco
California regulators voted in favor of robotaxi operators expanding their paid driverless services in the city of San
2023-08-11 21:26
Startup nation no more? Investments plunge as Israel pushes on with judicial overhaul
Almost every weekend for more than 30 weeks, tens of thousands of Israelis have taken to the streets of Tel Aviv to protest against government plans to weaken the judiciary and chip away at the independence of the Supreme Court.
2023-08-11 21:22
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:54
Huawei’s Sales Grow Again as New Arenas Mitigate Sanctions Hit
Huawei Technologies Co. grew sales for a third straight quarter, after new businesses like cloud services and a
2023-08-11 16:17
Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China's biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country's embattled real estate sector.
2023-08-11 14:15
New Zealand plans to require large firms to report gender pay gaps
New Zealand's government plans to compel large businesses to report the state of their gender pay gaps in a bid to increase equity in the workplace, the country's Minister for Women Jan Tinetti announced Friday as the ruling Labour party gears up for an election fight.
2023-08-11 11:53
Microsoft’s Role in Email Breach to Be Part of US Cyber Inquiry
A US cybersecurity advisory panel will investigate risks in cloud computing, including Microsoft Corp.’s role in a recent
2023-08-11 09:15