Updated Jan. 8, 2024 5:07 am ET
The bad news keeps coming for China Evergrande and its investors.
A top executive of the beleaguered property company’s electric-vehicle business has been detained as part of a criminal investigation, adding to Evergrande’s mounting problems.
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Business & FinanceDeals 30 November 2023, 5:22 am 1 minute Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era…
Your rights explained as residents and businesses count the cost of flood damage.
Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter. The most valuable U.S. startup is discussing a tender offer that could range from $500 million to $750 million, said some of the people,…
Woods became synonymous with Nike as they joined forces on his rise to the top in the late 1990s.
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
The employees had alleged that the rocket company failed to address a culture of sexism and discrimination.
