Hong Kong insurance claims caused by natural disasters may climb to a record and exceed $500 million this

ENCINITAS, Calif.--(BUSINESS WIRE)--Sep 14, 2023--

Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from creditors to extend a major bond payment to avoid default, in a development that analysts say will give the firm some badly needed respite.

HONG KONG Some of China's distressed property developers face the risk of being delisted, which would reduce their

Switzerland’s financial regulator is investigating Thomas Gottstein, the former CEO of Credit Suisse, for his role in the

Billionaire hedge fund CEO Bill Ackman and several other business leaders are demanding Harvard University release the names of students whose organizations signed on to a letter blaming solely Israel for the deadly attacks by Hamas.

CarMax Inc on Friday posted a better-than-expected adjusted profit for the first quarter, benefiting from a series of

ZURICH UBS Group said on Tuesday Credit Suisse CEO Ulrich Koerner will join the executive board of the

The pandemic is over, yet Covid's effect on white-collar work remains: People love working from home, it turns out, and corporations have been unable (despite their best efforts) to get folks back in the office full time.

MUMBAI, India & CHESTERBROOK, Pa.--(BUSINESS WIRE)--Nov 20, 2023--

Meta Platforms on Tuesday launched the web version of its new text-first social media platform Threads, in a

U.S. officials say state-backed Chinese hackers foiled Microsoft’s cloud-based security to break into unclassified U.S. government email systems at an unspecified number of agencies including the State Department