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Market News
October 27, 2021
China Urges Hui to Tap Wealth; Firms to Repay: Evergrande Update
China has urged companies to make payments on their offshore bonds, and asked China Evergrande Group’s billionaire founder Hui Ka Yan to tap his...
October 27, 2021
Hong Kong to Pass Film Censorship Law, Curbing Free Speech Again
Hong Kong is expected to ban films that run contrary to the interests of a Beijing-drafted national security law, the latest crackdown on freedom of...
October 27, 2021
China’s Xi Urges Military Advances Amid Growing U.S. Rivalry
President Xi Jinping called for “breaking new ground” in weapons development, as China and the U.S. rebalance their forces for an era of what...
October 27, 2021
How Green Is Your Pantry? Carbon Labels Will Let You Know
How green are those breakfast sausages on your plate? What about the Lay’s potato chips you’ll snack on later? And that Perrier to wash them down?
October 27, 2021
Daimler Trucks to Unveil Regional Profits in Savings Goal Chase
Daimler AG’s truck unit plans to ring in life as an independent company by delivering on savings targets and disclosing regional earnings in a bid...
October 27, 2021
Nigeria’s Annual Spending on Subsidy Could Exceed Eurobond Raise
Africa’s largest oil producer could spend more on fuel and power subsidies this year than it raised through a Eurobond offering last month.
October 27, 2021
Sunak Set to Save the Spoils of Record Rebound in U.K. Economy
Chancellor of the Exchequer Rishi Sunak is likely to pocket most of the extra proceeds from a record rebound in Britain’s economic growth as he...
October 27, 2021
Fashion Site Rent the Runway Raises $357 Million in Upsized IPO
Rent the Runway Inc. expanded its initial public offering and priced the shares at the top of a marketed range to raise $357 million.
October 27, 2021