FINANCE
Meat Prices in the US Outpace Inflation Amidst Continuing Pandemic Woes
The cost of meat at America’s butchers continues to rise as the coronavirus pandemic wreaks havoc on...
Justice Department Probing $14.7-Billion Zoom-Five9 Deal
The U.S. Justice Department is investigating a deal by Zoom Video Communications to buy customer-service...
China Bans Cryptocurrency Mining and Transactions, Bitcoin Falls
China has banned all kinds of cryptocurrency transactions, and pledged to put an end to the mining of...
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...
Chinese Economy Struggles With Slow Retail Sales in August
China’s retail sales growth for the month of August came out at a disappointing 2.5 percent when compared...
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...
