Category Archives:
China Evergrande bondholders push own plan for debt restructuring – FT
(Reuters) - Global funds that invested in China Evergrande Group's bonds have come up with their own debt restructuring plan for the property developer and demanded that its chair repay liabilities wi...
Syndicated Content Aug 30, 2022
Japan raises assumed interest rate for FY2023/24 debt servicing
bTOKYO (Reuters) - Japan's Ministry of Finance (MOF) has raised its assumed interest rate used to calculate debt servicing costs in its budget request for the next fiscal year, a senior ministry offic...
Syndicated Content Aug 30, 2022
Russia’s M.Video-Eldorado appoints Uzhakhov as CEO
(Reuters) - Russian consumer electronics retailer M.Video-Eldorado has appointed Bilan Uzhakhov as chief executive from Aug. 30, it said on Tuesday, replacing Aleksei Sukhov just four months after he ...
Syndicated Content Aug 30, 2022
Buffett’s Berkshire sells 1.3 million BYD H-shares for $47 million – HKEX filing
SHANGHAI (Reuters) -Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 1.33 million Hong Kong-listed shares of BYD, the biggest Chinese electric-vehicle maker, for around HK...
Syndicated Content Aug 30, 2022
Marketmind: Powell shock meets power shock
A look at the day ahead in U.S. and global markets from Mike Dolan. Even as U.S. markets readjust to the harsher interest rate horizon that emerged from last week's Jackson Hole conference, storm clou...
Syndicated Content Aug 30, 2022
Analysis-BlackRock too green for Texas; rest of Wall Street okay – for now
By Ross Kerber and Pete Schroeder (Reuters) - Most big Wall Street firms passed a test for business as usual in Texas last week when state Comptroller Glenn Hegar kept all but BlackRock Inc. off a lis...
Syndicated Content Aug 30, 2022
Analysis-Musk’s bold goal of selling 20 million EVs could cost Tesla billions
By Paul Lienert and Joseph White DETROIT (Reuters) - Tesla Inc Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed - but one ri...
Syndicated Content Aug 30, 2022
First Solar pledges big U.S. factory expansion thanks to climate law
(Reuters) - First Solar Inc will spend $1.2 billion to expand its solar panel manufacturing operations in the United States, creating hundreds of jobs including with a new factory in the Southeast, th...
Syndicated Content Aug 30, 2022
Indonesia’s GoTo seeks to raise $1 billion via convertible bonds -sources
SINGAPORE (Reuters) - Indonesia's largest tech firm, PT GoTo Gojek Tokopedia Tbk, is seeking to raise about $1 billion through a convertible bond issue, three sources familiar with the matter said on ...
Syndicated Content Aug 30, 2022
Futures rebound after Jackson Hole shock, data eyed
(Reuters) - U.S. stock index futures rose on Tuesday after a rough start to the week on fears of aggressive rate hikes by the Federal Reserve, with investors looking ahead to consumer confidence and j...
Syndicated Content Aug 30, 2022
Peoria, IL, USA
43 °F Overcast
