(Reuters) – Debt-laden developer China Evergrande Group has told offshore creditors that it plans to present a restructuring proposal as…
Singapore’s gig workers to get work injury, pension coverage
By Chen Lin SINGAPORE (Reuters) – Singapore will extend work injury insurance and pension coverage to food delivery and ride-hailing…
Russia revives Soviet-era Moskvich brand with Chinese model
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) -After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich…
Mapfre offers one-time 400-euro bonus to employees to offset inflation
MADRID (Reuters) – Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000…
Philippines to cut tariffs on electric vehicles, parts
MANILA (Reuters) – A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr on Thursday approved removing tariffs on electric…
Analysis-Italy’s Meloni and the technocrats – a difficult power balance
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Having spent much of her career railing against bureaucrats and financial…
Bankers pour cold water on red hot coal
By Sarah McFarlane and Clara Denina LONDON (Reuters) – It’s the best of times, it’s the worst of times. At…
Atlantia set to be delisted as buyout bid reaches 90% threshold
MILAN (Reuters) -A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy’s Atlantia has reached…
Japan’s Mitsubishi UFJ to buy two Asia units of Home Credit for $620 million
By Makiko Yamazaki TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group Inc said on Thursday it would buy the Philippines…
Billionaire investor Ackman bets Hong Kong dollar peg can break
By Tom Westbrook SINGAPORE (Reuters) – Billionaire investor Bill Ackman said he’s betting the Hong Kong dollar will fall and…