China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police control, according to people with knowledge of the matter.
Bloomberg Business
Controversial Rosebank Oil Field Gets the Go-Ahead
The UK’s controversial Rosebank oil and gas field has received the go-ahead, despite objections from climate groups and pressure on the government to block the development.
Alibaba Unit IPO Will Test Demand in Slowest Hong Kong Market in Decades
The planned initial public offering of Alibaba Group Holding Ltd.’s logistics arm will be a key test of demand in Hong Kong’s languishing deals market.
What to Expect in the Second Republican Debate
The auto workers strike, the looming government shutdown and a renewed focus on abortion rights all set the backdrop for the second Republican primary debate on Wednesday.
Keir Starmer Battles Dire State of UK in Bid to Emulate Blair
Polls show Labour Party leader is on course for 10 Downing Street, but he’s struggling to show voters he has a plan to fix broken Britain.
Ritz-Carlton Yacht Collection Targets IPO and More Ships in Major Expansion
At least two of Marriott’s other luxury hotel brands have emerged as frontrunners for future ships, and a public offering is planned within three years.
Humans of New York Founder Criticizes Indian Spinoff Over Copyright Row
Humans of New York, the popular storytelling platform, accused a Mumbai-based spinoff of “appropriating” its work after the latter filed a lawsuit in India alleging that a local competitor was copying its content.
India Plans to Sell 50-Year Bond in Growing Sign of Insurer Heft
India will sell 50-year bonds for the first time, introducing ultra-long maturity debt to cater to the growing demand from insurance and pension funds.
German Labor Market Shows Signs of Cracking as Economy Struggles
German companies are thinking twice about hiring staff amid an increasingly uncertain economic environment, according to a study by the Ifo Institute.
Sri Lanka Creditors Said to Seek Debt Restructuring Deal Without China
Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, according to people familiar with the matter, a move with potential implications for how richer nations handle financial stress in the developing world.
