Distressed Chinese developer Country Garden Holdings Co. warned about “major uncertainties” in redemption of its bonds, as it said that trading in some of its local notes will remain suspended.
Thailand’s parliament will meet next week to select a new prime minister after a court ruling cleared a legal hurdle that had held up the selection process for nearly a month.
JD.com Inc.’s revenue accelerated in the second quarter after its signature 6.18 festival scored with shoppers, helping the company defy worsening Chinese economic volatility.
Samsung Electronics Co. cut its stake in ASML Holding NV by more than half in the second quarter, as the world’s largest memory maker beefs up its chipmaking business.
The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according to Bank of America Corp. strategists.
South Africa’s environment minister, and the national air-quality officer and the local unit of ArcelorMittal SA have been sued by environmental activists for allegedly not acting against the company over its air pollution.
FedEx Corp. is pressuring delivery contractors to improve safety after mounting accidents helped trigger a near-tripling of insurance costs over the decade.
Starter, the sports-apparel brand that was popular in the 1990s, is plotting a comeback for its old-school styles and is in talks for new deals and endorsements.
Hungary unexpectedly plunged deeper into recession for the longest economic contraction in at least 28 years as the war in Ukraine still undermines economic growth across the European Union’s eastern wing.
The success of Novo Nordisk A/S and other Danish drugmakers is forcing Denmark to keep interest rates lower, according to the country’s largest bank.
