Hints and tips:
...Like many other Chinese property groups that secured overseas funding, Evergrande is a sprawling collection of companies based onshore and offshore, with total assets of nearly Rmb1.7tn ($240bn) as of September...
...The formerly Singapore-based fund owes more than $3bn to creditors....
...SUJEET INDAP: Citigroup was the collection of dozens of businesses, and so there had been issues with compliance and risk management....
...Those fixtures are expected to continue to air as DSG negotiates with its creditors and restructures its debt....
...This article has been updated to clarify that Higg Inc has rebranded as Worldly, not the Higg Index as incorrectly stated in a previous version. ...
...For months, Chinese officials from a handful of agencies, including the public security bureau, were stationed in Didi’s Beijing offices....
...State Council said the local government in Bazhou, situated just 90km south of Beijing in Hebei province, had seriously violated both government and Chinese Communist party orders by embarking on a fee-collection...
...Kamensky’s pre-dawn arrest at his suburban New York home by the Federal Bureau of Investigation in September sent shockwaves through the distressed debt and corporate law communities....
...Imelda Marcos gained global notoriety in 1986 when the ousting of her late husband Ferdinand exposed her 3,000-pair shoe collection to the world....
...But the resulting collection of lossmaking businesses ultimately dragged the company’s finances down....
...The FT’s Beijing Bureau chief, Yuan Yang, will explain. See acast.com/privacy for privacy and opt-out information....
...A version of this article was first published by Nikkei Asia on June 9, 2021. ©2021 Nikkei Inc....
...Travelers was itself a collection of merged businesses, including its eponymous insurance arm, the Smith Barney brokerage and the Salomon Brothers investment bank, and Citigroup went on buy more companies...
...Foreign investment would dry up, hitting growth and tax collection....
...When her children were very young she was made second-in-command of the London bureau of the Wall Street Journal....
...Mars is a company as legendary for its secretive nature as it is for its collection of popular confectionery — from M&Ms to Twix bars....
...(FT) Artful leverage The Bryants have amassed one of the world’s greatest private collections of postwar American and German art, once valued at $300m. But the thing keeping it all together is debt....
...“Nothing will come out,” said one creditor, “Because nobody has any interest in it coming out.” A version of this article was first published on May 20 by the Nikkei Asian Review. ©2020 Nikkei Inc....
...Previously, James reported from London, New York and Rome, where he was bureau chief for four years. What do you miss most about living in Rome?...
...It said the group owed about A$500m ($345m) to creditors and had a pipeline of more than 3,000 apartments in the construction or pre-sales phase....
...The tax bureau also began padlocking Pogo offices until they pay....
...In one of its ugliest fights so far, Sycamore was pitted against creditors of Nine West, a collection of consumer and retail brands for women....
...I study his wine collection until he tilts the phone back down towards him. I am struck by seeing him smile for the first time: we had conversed in the park entirely behind face masks....
...In the news Argentina bids to restructure debt Argentina’s embattled government will ask its creditors, including the IMF, for more time to pay off a $100bn debt pile, as the country struggles to avoid...
...Subsys was sold to Wyoming-based BTcP Pharma, in return for paying a proportion of sales to creditors. Several state attorney-generals objected....
International Edition