China Opens Probes Into Embattled Shadow Banking Giant Zhongzhi
Chinese authorities said they opened criminal investigations into the money management business of embattled shadow banking giant Zhongzhi
2023-11-26 00:46
Sunak Will Pledge UK Support for New Climate Damage Fund at COP28
UK Prime Minister Rishi Sunak is set to pledge his support for a new fund to help vulnerable
2023-11-25 18:54
Madagascar’s President Rajoelina Is Re-Elected for Another Term
Voters in Madagascar re-elected Andry Rajoelina as the Indian Ocean island nation’s president after he secured more than
2023-11-25 17:15
Boards Waffle Over Buyout Bids in $40 Billion Takeover Wave
A wave of dealmaking has come to Europe, and corporate boards aren’t sure what to do about it.
2023-11-24 18:58
Congo’s New Rules Could Force Banks to Sell Stakes of Up to 45%
A directive from the Democratic Republic of Congo’s central bank has lenders in the country concerned they may
2023-11-24 15:52
GIC-Backed AESC Said to Target $10 Billion Value in New Round
AESC Group is targeting a valuation of about $10 billion in its latest funding round, according to people
2023-11-24 09:56
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:26
Iranian Poverty Spread in ‘Lost Decade’ of Sanctions and Oil Swings, World Bank Says
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile
2023-11-23 10:54
Private Lenders Provide Record €4.5 Billion for Adevinta LBO
Private credit funds are providing a record €4.5 billion ($4.9 billion) loan to back the buyout of Adevinta
2023-11-22 22:27
UK Inclined to Order Probe into Abu Dhabi-Backed Telegraph Deal
The UK government is leaning toward ordering a probe into RedBird IMI’s proposed Telegraph deal, after the prospect
2023-11-22 21:59
Regulators Are Coming for Rule-Breaking Crypto Founders Like Binance’s CZ
Changpeng “CZ” Zhao has become the latest in a long line of crypto founders facing potentially significant legal
2023-11-22 18:27
New Binance CEO Teng’s First Job Is to Avert Customer Exodus
Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These
2023-11-22 14:57