(Reuters) -A Hong Kong court ordered the liquidation of China Evergrande Group on Monday. Evergrande is the world’s most indebted real estate developer and has been at the centre of an unprecede[...]
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January 29, 2024
China Evergrande acknowledges HK court order to liquidate
(Reuters) – China Evergrande on Monday acknowledged a Hong Kong court’s decision ordering the liquidation of the world’s most indebted property developer after it failed to offer a c[...]
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Hedge funds lap up China stocks at fastest pace in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote in a note to client[...]
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Holcim’s biggest shareholder backs plan to list North American business
ZURICH (Reuters) – Holcim’s biggest shareholder has given his backing to the building material company’s plan to spin off its North American business through a listing on the New Yor[...]
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United CEO kickstarts Airbus talks amid Boeing delays- sources
By Tim Hepher and Rajesh Kumar Singh DUBLIN/CHICAGO (Reuters) -United Airlines has approached Airbus about buying more A321neo jets to fill a potential void left by the delayed Boeing 737 MAX 10, in a[...]
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China’s January factory activity likely contracted but less sharply: Reuters poll
BEIJING (Reuters) – China’s manufacturing activity in January likely shrank for the fourth straight month though at a slower pace than in December, a Reuters poll showed, indicating the co[...]
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Holcim shares indicated 7.1% higher after North American listing plan
ZURICH (Reuters) – Holcim shares were indicated to open significantly higher in premarket activity on the Swiss stock exchange on Monday after the building materials giant unveiled plans to sepa[...]
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Investors see Microsoft’s stock market value leaving Apple behind
By Noel Randewich (Reuters) – Microsoft’s early lead in artificial intelligence has the software heavyweight’s stock market value poised to pull decisively ahead of Apple’s ove[...]
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Ryanair tells Boeing it would buy any MAX 10 orders dropped by US airlines
DUBLIN (Reuters) -Ryanair has told Boeing that if any U.S. customers refuse to take delivery of 737 MAX 10 aircraft, that it would buy them “at the right price,” executives said on Monday.[...]
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