Onshore bond trading for China Evergrande has been halted following a downgrading.
Hengda Real Estate Group Co Ltd, the primary unit of China Evergrande Group, applied to suspend trading of its onshore corporate bonds on Thursday following
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Global debt is rapidly approaching a new high of $300 trillion – IIF
The Institute of International Finance (IIF) said on Tuesday that global debt reached a new record high of about $300 trillion in the second quarter,
BNP Paribas acquires a majority share in Dynamic Credit Group, a Dutch company.
The firm said on Wednesday that BNP Paribas Asset Management has agreed to buy a majority position in Dynamic Credit Group, a Dutch asset manager
An agreement allowing Russian mercenaries, Wagner Group into Mali on the verge of being finalized.
Seven diplomatic and security sources say an agreement is near that would let Russian mercenaries into Mali, boosting Russian control over security operations in West
Red Rocks music venue gets Amazon’s palm-swiping technology.
Amazon has announced that their palm-recognition technology will be available at the Red Rocks Amphitheatre in Denver, with plans to expand to other locations in
Toast, a restaurant software company, is aiming for a valuation of more than $16 billion in its U.S. IPO
According to a regulatory filing on Monday by Toast Inc, the startup that sells software to help restaurants with both online and in-store orders is
China affiliate of BlackRock raised $1 billion in its maiden mutual fund.
After raising 6.68 billion yuan ($1.03 billion) during a brief subscription period, BlackRock’s China mutual fund affiliate launched its first fund in the nation, signaling
China launches wealth management product trials for retirement across four cities.
On Friday, China’s banking and insurance regulator announced that wealth management product trials will be launched in four cities for retail investors looking to boost
Bill Gates’ linked fund to acquire ownership of Four Seasons in a $2.21 billion deal.
The hotel operator announced on Wednesday that Bill Gates’s Cascade Investment LLC has purchased roughly half of Saudi Arabian Prince Alwaleed bin Talal’s stake in
888 is investing $3 billion to acquire William Hill’s operations.
888 will pay 2.2 billion pounds ($3 billion) to Caesars for William Hill’s international company, establishing a presence on Britain’s main streets with 1,400 betting
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