Turkish Inflation Outlook at Its Worst in 21 Years on Weak Lira
Turkey’s inflation outlook is worsening due to a weak currency, with a key survey by the country’s central
2023-08-18 17:20
Evergrande: China property giant files for bankruptcy in US
The move comes as fears grow over problems in the world's second largest economy.
2023-08-18 09:28
Analysis-A year on, Europe less fearful of U.S. green subsidies push
By Jan Strupczewski BRUSSELS When the United States launched its massive green subsidies push a year ago, many
2023-08-18 01:59
Tapestry flags weak annual profit, misses qtrly sales on softer U.S. demand
(Reuters) -Tapestry, which agreed to buy Capri last week, forecast fiscal 2024 profit below estimates and reported lower-than-expected quarterly sales
2023-08-17 19:29
Analysis-Country Garden undone by promise to bring 5-star life to China's hinterland
By Clare Jim HONG KONG China's financially beleaguered property developer Country Garden promised "five-star living" to the masses
2023-08-16 16:49
US space startups' latest struggles marked by layoffs, shake-ups
By Joey Roulette WASHINGTON U.S. space startups have slashed workforces and restructured operations to survive amid an investment
2023-08-16 00:16
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
Country Garden shares slump to record low after onshore bond trading halted
HONG KONG (Reuters) -Shares of China's Country Garden plunged more than 12% on Monday morning after the real estate company
2023-08-14 10:15
Three ways Covid changed the restaurant industry
In March 2020, many US restaurants had to shut their doors during the early days of the Covid pandemic in accordance with local restrictions. Now, over three years later, the restaurant industry is back. But the pandemic ushered in some changes that are here to stay.
2023-08-13 21:58
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:46
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
Country Garden shares hit record low on loss forecast, restructuring fears
By Clare Jim HONG KONG (Reuters) -Shares of China's largest private property developer Country Garden plunged to a record low
2023-08-11 11:24