China Evergrande Group canceled key creditor meetings that had been set for early next week and said it must reassess its proposed restructuring, adding further uncertainty to what would be one of the nation’s biggest ever restructurings.
(Bloomberg) -- Two Federal Reserve officials said at least one more interest-rate hike is possible and that borrowing costs may need to stay higher for longer for the US central bank to ease inflation back to its 2% target.
(Bloomberg) -- Citadel Securities broke rules for labeling short sales and may have incorrectly marked millions of trade orders over a five-year span, according to the Securities and Exchange Commission.
Germany is pushing for more assurances that so-called e-fuel-powered vehicles will be permitted on the European Union’s roads after 2035, something the bloc has yet to address.
A chunk of the Golden State Warriors, the National Basketball Association’s most successful team over the past decade, is up for sale, according to people familiar with the matter.
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