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BUSINESS

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British Defence Contractors Stand to Benefit From AUKUS Pact
The AUKUS announcement on 15 September preceded the news that BAE Systems PLc, the UK’s largest defence...
S&P Ratings Warn Evergrande Might Not Receive Support From Beijing, Worrying Investors
S&P Global Ratings has warned that Chinese real estate company, China Evergrande, which is currently...
Evergrande Fails to Pay $83.5-Million Interest Payment
Chinese real estate giant, Evergrande, has failed to pay off its interest payments due on Sept. 23, deepening...
Last-minute Debt Deal Keeps Evergrande Afloat, but Crisis Is Far From Over
The Evergrande Group has struck a last minute deal to avoid defaulting on a bond payment worth an estimated...
The Chinese real estate group, Evergrande, is facing issues with debt repayments.
China’s Evergrande Conglomerate Reels Under Payment Issues, Threatening Chinese Economy
China’s real estate giant, Evergrande, is teetering on the brink of bankruptcy, unable to service its...
Evergrande Group Crisis Deepens; Protests Erupt Across China
Protests erupted across China over the weekend at numerous properties owned and operated by the Evergrande...
Pfizer to Make $2.3 Billion Deal to Acquire Trillium, Blood Cancer Drugmaker
On Monday, Pfizer Inc. announced it would buy Canadian drug developer Trillium Therapeutics Inc via a...
Beijing Eyeing Take Over of Ride Sharing App, Didi; Encourages State-owned Companies to Invest
The Chinese government is encouraging government-run firms to invest in the Chinese ride-hailing company...
Chinese Real Estate Giant Evergrande Teetering on the Brink of Bankruptcy
Evergrande, one of the world’s most indebted real estate developers, is reportedly so crippled with debt...