Netherlands Backs Chinese-Owned Nexperia’s Takeover of Nowi
Chinese-owned Nexperia BV’s acquisition of chip firm Nowi Energy BV won approval from the Dutch government, which has
2023-11-27 23:19
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:50
Julius Baer to Review Private Debt Business Over Signa Exposure
Julius Baer Group Ltd. is reviewing its private debt business after running up an exposure of 606 million
2023-11-27 15:52
Salt in Batteries: Shift May Herald Another Shakeup
Battery giants are starting to put their money on new sodium-based technology, a sign that there could be
2023-11-26 16:48
Signa Holds Last-Ditch Funding Talks as Insolvency Wave Looms
Signa is holding last-ditch talks with investors, hoping to secure a funding lifeline and avoid a wave of
2023-11-26 05:22
Unit of Benko’s Signa Prime Files for Insolvency, Spiegel Says
A unit of Signa Prime Selection AG filed for insolvency in a Berlin court on Friday, Der Spiegel
2023-11-25 01:16
Transnet Needs More Than a Plan to Fix South Africa’s Logistics
South Africa’s Transnet SOC Ltd. has a turnaround plan to ease port and rail snarl-ups that have hamstrung
2023-11-24 12:45
Xi Tolerance for Property Pain Nears Limit as Rescue Takes Shape
China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance
2023-11-24 09:51
Failing Rail, Ports Are New South African Growth Risk, SARB Says
South Africa’s central bank is concerned that the country’s failing port and rail network is thwarting efforts to
2023-11-23 23:49
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
2023-11-23 22:59
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
2023-11-23 15:50
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled
2023-11-23 15:45