Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
Similar Posts
ECB haunted by bond buys in Swedish property crisis | Reuters News Agency
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…
Amazon unveils buy now, pay later option from Affirm for small business owners
Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use its online store, CNBC learned exclusively. The tech giant confirmed Thursday that its partnership with Affirm is expanding to include Amazon Business, the e-commerce platform that caters to companies. Affirm shares jumped 19% on the…
JS: The iconic magazine which ‘invented’ the Indian teenager
Chatty, irreverent and engaged, JS was more than a magazine – it shaped an Indian cosmopolitanism.
‘Bidenomics’ on Main Street: Lending to women-owned small businesses tops $5 billion, SBA reports
Thomas Barwick | DigitalVision | Getty Images It wasn’t too long ago that women who needed business capital didn’t struggle to access it — they simply couldn’t get it, at least not without a male relative to co-sign on a loan. There’s been considerable progress since 1988 when that law was changed, but the gender…
When ‘Contemporary Issues’ and Campus Politics Collide
Anemona Hartocollis, a New York Times reporter who covers higher education, was at a holiday party when she overheard revelers talking about Claudine Gay, the president of Harvard University. The people Ms. Hartocollis writes about are not typically fodder for holiday party chatter. But the Harvard controversy, Ms. Hartocollis said in a recent interview, has…
India’s Jindal Power will not bid to take over airline Go First | Reuters News Agency
Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…
