As bad debts soar, Canadian banks eye asset sales to boost capital
By Nivedita Balu TORONTO As Canada's economy enters a period of sluggish growth, the big banks are looking
2023-11-08 19:48
WeWork seeks permission to begin canceling leases in bankruptcy
By Dietrich Knauth NEW YORK WeWork will make its first U.S. bankruptcy court appearance on Wednesday, seeking to
2023-11-08 19:28
Why WeWork failed, and what is next
(Reuters) -Flexible workspace provider WeWork sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring losses
2023-11-08 17:54
Commerzbank Q3 net profit more than triples, beats expectations
FRANKFURT Germany's Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better than
2023-11-08 14:22
SoftBank's WeWork, once most valuable US startup, succumbs to bankruptcy
(Reuters) -WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection
2023-11-07 18:22
China: DouYu founder, investment guru 'detained'
They include a streaming app founder and an executive referred to as China's Warren Buffett.
2023-11-07 18:19
Taiwan central bank minutes show concern about higher inflation
TAIPEI Taiwan's central bank showed concern about higher inflation ahead and raised the possibility of more rate increases
2023-11-02 17:54
Russia's Sberbank posts strong Q3 profits
MOSCOW Russia's dominant lender Sberbank reported on Thursday 411.4 billion roubles ($4.41 billion) in net profit in the
2023-11-02 15:50
SoftBank Corp raises $800 million through Japan's first listing of bond-type shares
By Anton Bridge TOKYO Japan's SoftBank Corp's bond-type shares were listed on the Tokyo Stock Exchange on Thursday
2023-11-02 12:28
Sam Bankman-Fried built 'pyramid of deceit,' jury is told as trial nears end
By Luc Cohen and Jody Godoy NEW YORK (Reuters) -FTX founder Sam Bankman-Fried built the cryptocurrency exchange into a "pyramid
2023-11-01 22:49
Column-Japan calls time on G10 'central bank put': McGeever
By Jamie McGeever ORLANDO, Florida In scrapping its hard 10-year bond yield ceiling of 1%, the Bank of
2023-11-01 21:57
England and Wales insolvencies hold near 14-year high
LONDON The number of companies in England and Wales declared insolvent during the three months to the end
2023-11-01 16:23