UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Country Garden faces key test as onshore bondholders set to vote on extension
HONG KONG Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, with
2023-08-31 10:16
Is China's economy 'a ticking time bomb'?
The world's second largest economy faces deep-rooted challenges in the years ahead.
2023-08-31 05:56
Biden cancels $72 million in student loan debt for borrowers who went to for-profit Ashford University
Even though President Joe Biden's student loan forgiveness program was blocked by the Supreme Court earlier this year, his administration is moving forward with more targeted student debt cancellations allowed under existing programs.
2023-08-31 04:26
NBCUniversal makes Mark Marshall permanent ad chief
NEW YORK NBCUniversal named Mark Marshall chairman of global advertising and partnerships Wednesday, making permanent a role he
2023-08-31 01:55
It's not just crime: What's really going on with SF's shrinking retail district
In many ways, San Francisco's downtown is in dire straits. The city's once bustling Union Square neighborhood, once teeming with shoppers, diners, and tourists, has suffered declining foot traffic and closing stores.
2023-08-31 00:53
Country Garden posts record net loss of $6.7 billion in first half of 2023
HONG KONG (Reuters) -China's largest private property developer Country Garden on Wednesday reported a record loss in the first half
2023-08-30 23:53
Some offshore creditors of Country Garden consider forming group for debt revamp talks
By Xie Yu HONG KONG Some offshore creditors of embattled Chinese developer Country Garden are in talks with
2023-08-30 17:18
Japan's Suntory Beverage sees Australia as model for canned cocktail expansion
By Mayu Sakoda and Rocky Swift TOKYO Japan's Suntory Beverage & Food sees Australia as a model for
2023-08-30 16:52
Troubled Chinese homebuilder Country Garden is rushing to raise cash to avoid default
Country Garden is raising funds to avoid default, as the troubled real estate giant battles a liquidity crisis which some fear could spread to China's wider economy and even spill over abroad.
2023-08-30 14:49
Sweden’s Biggest Nuclear Reactor Will Be Offline Until Sept. 15
Sweden’s biggest nuclear reactor will be offline for more than two weeks after suffering an unplanned outage early
2023-08-30 14:26
Analysis-Funds punished for owning too few Nvidia shares after stunning 230% rally
By Lewis Krauskopf NEW YORK Nvidia Corp’s soaring rally has thrilled investors this year - except for the
2023-08-30 13:29