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.

Russian billionaires, squeezed by international sanctions and facing pressure from President Vladimir Putin to repatriate their wealth, have

China’s youth jobless rate rose to a record 20.4% in April, showing the economy is still struggling to

ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years

Nearly two months after the deadly Maui wildfires, Hawaiian Electric Co. revealed the limited scope of insurance coverage

OAKLAND, Calif.--(BUSINESS WIRE)--Oct 11, 2023--

Oil headed for a third straight weekly drop on growing demand concerns and the unwinding of its war-risk

(Corrects first paragraph to say forecast is for bigger fourth-quarter loss, not profit below estimates) (Reuters) -Memory chip firm Western

LOS ANGELES--(BUSINESS WIRE)--Jun 12, 2023--

In a vertical city like New York, any serious effort to address climate change has to focus on the greenhouse gas emissions caused by buildings

By David Morgan WASHINGTON (Reuters) -The Republican-controlled U.S. House of Representatives passed a fiscal 2024 appropriations bill for military construction

Imax Corp., the operator of big-screen cinemas, is seeking to buy out its Hong Kong-traded Chinese subsidiary in