Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Evergrande's US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China's spectacular growth over the past 30 years.
2023-08-19 02:15
China unveils measures to revive stock market
SHANGHAI China's securities regulator said on Friday it would cut trading costs, support share buybacks and introduce long-term
2023-08-18 17:50
Ford reveals 800 horsepower Mustang with $300,000 price tag
Ford has just unveiled the 800-horsepower Ford Mustang GTD which will be available in late 2024 or early 2025 at a starting price around $300,000. There's much more in this Mustang, according to Ford, besides its powerful engine to account for its Lamborghini-level price. It's modeled on the Mustang GT3 racing car that's set to be driven in international competition next year.
2023-08-18 08:59
Limited-edition 2025 Mustang GTD: 800+ horsepower and a $300,000 sticker
Ford Motor is joining rival General Motors in the U.S. supercar ranks with the launch of the 2025
2023-08-18 08:58
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 06:19
China's Evergrande files for bankruptcy
China's Evergrande Group filed for bankruptcy in New York on Thursday.
2023-08-18 05:15
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 01:17
Colombia's Grupo Aval cuts 2023 loan forecast after 'exorbitant costs'
By Sarah Morland and Marion Giraldo Colombian financial conglomerate Grupo Aval on Thursday cut its 2023 loan growth
2023-08-18 00:48
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 18:53
Tomb Raider games group Embracer lags forecast, maintains outlook
By Jesus Calero and Marie Mannes STOCKHOLM (Reuters) -Swedish games developer Embracer on Thursday reported slightly weaker than expected operating
2023-08-17 16:19
Colombia's Grupo Aval posts 75% fall in profit as bank margins fall
Colombian financial conglomerate Grupo Aval reported a 75.4% year-over-year fall in net profit in the second quarter, according
2023-08-17 08:59
ANZ Group reports higher late mortgage payments in stiff market
ANZ Group Holdings said on Thursday late mortgage repayments past 90 days edged higher in the June quarter
2023-08-17 08:26