WeWork’s List of Ignominy Now Includes Highest-Profile SPAC Blowout
WeWork Inc. is already infamous for torching billions of Softbank Group Inc.’s cash. It’s been labeled a poster
2023-08-10 23:26
Country Garden Billionaire Bags Big Payouts as Default Looms
Country Garden Holdings Co. bondholders are setting their sights on the company’s billionaire Chair Yang Huiyan to see
2023-08-10 22:15
Factbox-Major deals in global luxury market in the past decade
Coach parent Tapestry said on Thursday it will buy Michael Kors owner Capri Holdings in a deal valued
2023-08-10 21:55
Serial fraudster Mark Acklom freed from Spanish jail, court told
Mark Acklom was jailed in the UK for conning an ex-partner of £300k and then extradited to Spain.
2023-08-10 21:46
Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:53
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri
2023-08-10 20:29
Coach and Versace's parent companies are combining in an $8.5 billion deal
Michael Kors and Kate Spade are about to become siblings.
2023-08-10 20:28
UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
The UK’s Financial Conduct Authority said asset managers need to justify the fees charged on their funds as
2023-08-10 20:16
UK Weighs Measures to Crimp Investment in China After Biden
The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese
2023-08-10 19:56
Airlines will continue to fly fewer flights to New York and Washington as FAA faces staffing shortages
The federal government is allowing airlines to continue to run reduced flight schedules to major airports serving New York City and Washington in hopes of curbing flight cancellations and reducing the burden on short-staffed air traffic controllers.
2023-08-10 19:51
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:51
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:28