Evergrande shares rise despite mounting uncertainty over debt revamp plan
HONG KONG (Reuters) -China Evergrande Group's shares rose nearly 4% in early trading on Wednesday after their sharp recent declines.
2023-09-27 10:21
China's industrial profits extend slump for Jan-Aug, but pace of downturn eases
BEIJING Profits at China's industrial firms extended a double-digit drop for the first eight months, but the pace
2023-09-27 10:18
Japanese Automakers Stand to Gain From Detroit’s Labor Strike
Japanese auto companies look set to be a major beneficiary from the Detroit strike with their US competitors
2023-09-27 07:27
US annual home price growth accelerates in July
By Amina Niasse NEW YORK (Reuters) -U.S. annual home price growth accelerated for a second straight month in July, signaling
2023-09-26 22:23
AI deals give investment banks a glimmer of hope
Dealmaking on Wall Street hit a dead end last year and has struggled ever since.
2023-09-26 19:45
Exclusive-Some Evergrande creditors plan to join winding-up petition if no new debt plan by Oct 30-sources
By Scott Murdoch SYDNEY Some offshore creditors of China Evergrande Group are planning to join a winding-up court
2023-09-26 17:57
Apple’s FineWoven Fabric Emerges as Its Biggest Misfire of 2023
When Apple Inc. introduced a new material for phone cases and watchbands earlier this month, the company heralded
2023-09-26 08:25
Valentino Chairman Gives Gloomy Outlook for Luxury Sector
The luxury industry’s troubles are mounting, with US department stores struggling and China failing to live up to
2023-09-25 23:46
The very rich are often bad investors. Here's why
It's pretty easy to squander vast sums of money. Just ask the descendants of the wealthiest Americans.
2023-09-25 19:57
Evergrande's plan to stave off collapse is running into trouble
Evergrande's plan to restructure its massive debts is in trouble because of a regulatory probe into its main subsidiary, the embattled Chinese developer said Sunday.
2023-09-25 17:46
Aviva agrees to buy AIG's UK protection business for $563 million
LONDON (Reuters) -British insurer Aviva said on Monday it had agreed to acquire the UK protection business of AIG for
2023-09-25 15:59
Apple’s Cheapest iPhone Surges in Popularity After Upgrades
Apple Inc.’s basic iPhone 15 model is taking almost twice as long for deliveries this year than its
2023-09-25 15:24