Crisis-hit Evergrande files for bankruptcy in US – BBC News

[ad_1] By Mariko Oi Business reporter 18 August 2023, 02:17 BST Updated 1 hour ago Property giant Evergrande has filed for bankruptcy protection in the US as the real estate…

Crisis-hit Pakistan strikes $3bn funding deal with IMF

[ad_1] The South Asian nation is facing its worst economic crisis since independence from Britain in 1947. [ad_2] Source link

Crisis-hit UK business lobby faces survival vote

[ad_1] The Confederation of British Industry risks folding after claims that more than a dozen women were sexually harassed at the organisation and two others had been raped. Police have…

Audit giant pulls secondee out of crisis-hit CBI business lobbying group

[ad_1] EY has opted not to renew the secondment of an employee to the business lobbying organisation while it remains engulfed in investigations over its workplace culture, Sky News learns.…

Evergrande: Crisis-hit Chinese property giant offers debt restructuring plan

[ad_1] It will only account for less than 10% of China’s former top-selling developer’s $300bn debt. [ad_2] Source link

Crisis-hit Evergrande offers restructuring plan – BBC News

[ad_1] By Annabelle Liang Business reporter 9 minutes ago Image source, Getty Images Embattled Chinese property giant Evergrande has announced plans for restructuring around $20bn (£16.2bn) in offshore debt, which…