China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
By Jonathan Stempel, Dietrich Knauth and Manya Saini NEW YORK (Reuters) -China Evergrande, which is the world's most heavily indebted
2023-08-18 06:20
China's Evergrande files for bankruptcy
China's Evergrande Group filed for bankruptcy in New York on Thursday.
2023-08-18 05:25
Trucking firm Estes Express submits $1.3 billion bid for Yellow's shipment centers
NEW YORK Trucking firm Estes Express has submitted a $1.3 billion bid to acquire bankrupt Yellow Corp's shipment
2023-08-18 01:27
Bankruptcies in the EU highest since 2015, Eurostat says
Bankruptcy declarations in the European Union reached the highest level since 2015 in the second quarter of this
2023-08-17 18:45
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 14:54
Fitch downgrades Ecuador's foreign currency rating deeper into junk
Global ratings agency Fitch downgraded Ecuador deeper into junk territory on Wednesday, citing financing risks arising from a
2023-08-17 07:24
The world shed 3.5 million millionaires in 2022 as market losses drained wealth at the top
Last year, as interest rates rose and inflation stayed stubbornly high, total household wealth declined for the first time since the 2008 financial crisis.
2023-08-17 06:20
Snapchat users freak out over AI bot that had a mind of its own
Snapchat users were alarmed on Tuesday night when the platform's artificial intelligence chatbot posted a live update to its profile and stopped responding to messages.
2023-08-16 22:45
Banking glitch allows customers to withdraw money they don't have
A technical fault meant that for several hours Tuesday customers of one of Ireland's biggest banks could withdraw funds they did not have.
2023-08-16 20:28
Aviva Crosses Inflationary Headwinds to Growth: The London Rush
It seems like inflationary pressures may take longer to dissipate, judging from the latest consumer price figures this
2023-08-16 15:18
Intel to Call Off $5.4 Billion Tower Deal Without Chinese Approval
Intel Corp. is expected to call off its planned $5.4 billion acquisition of Tower Semiconductor Ltd. as time
2023-08-16 14:26
NZ's Fletcher Building's annual profit slumps 46% on higher convention centre costs
New Zealand's Fletcher Building on Wednesday reported a 46% drop in its full-year net profit after tax, hurt
2023-08-16 05:28