Hong Kong Court Rules Unigroup Breached ‘Keepwell’ Bond Pact
A Hong Kong court ruled that Tsinghua Unigroup Co. breached a payment support agreement tied to dollar bonds,
2023-06-16 11:47
Marcelo Claure of SoftBank Fame Has a New Venture Firm
Marcelo Claure, the former chief operating officer of SoftBank Group Corp., has a new gig: executive chairman and
2023-06-14 18:59
Private Equity Firms Have $1.5 Trillion to Spend, But Are Struggling to Seal Deals
Private equity firms hunting for acquisitions with their $1.5 trillion of unspent capital are struggling to seal deals
2023-06-13 17:49
Elizabeth Holmes Objects to $250-a-Month Victim Payments After Prison
Elizabeth Holmes has “limited financial resources” and should not have to pay $250 a month in restitution once
2023-06-13 04:48
Britain’s Post-Brexit Policy Drift Alarms World’s Executives
When Dan Vahdat set out to build a healthcare startup, the UK was an ideal launchpad. That was
2023-06-12 07:18
CBI Sponsors Abandon Beleaguered Lobby Group’s Annual Conference
The Confederation of British Industry has been abandoned by major sponsors of its annual conference, posing another challenge
2023-06-11 12:22
Nigeria’s Central Bank Governor Suspended by President
Nigerian central bank Governor Godwin Emefiele on Friday was suspended by President Bola Tinubu a year before his
2023-06-10 16:28
Turnaround Success Helps South Africa Jet Brand Win Market Share
The Foschini Group Ltd.’s turnaround of South African discount clothing chain Jet is grabbing the attention of a
2023-06-09 12:25
China’s BYD Launches Fang Cheng Bao ‘Formula Leopard’ Range
BYD Co. unveiled a new vehicle range called Fang Cheng Bao, expanding its lineup in the higher end
2023-06-09 10:52
Europe’s Gas Prices Show Shift in Risk to Winter Next Year
The spread between Europe’s natural gas prices for this winter and next is widening, signaling near-term risks are
2023-06-08 15:45
Soaring EV Sales Could Still Leave World Short on Emissions Goal
Electric-vehicle sales are poised to more than double by 2026 but eliminating emissions from road transportation by the
2023-06-08 15:21
TikTok Seeks $20 Billion E-Commerce Business Despite US Setback
ByteDance Ltd.’s TikTok aims to more than quadruple the size of its global e-commerce business to as much
2023-06-08 09:24