South Africa’s government said it reached an interim pay deal with unions representing a majority of civil servants, averting the threat of an imminent strike.
Wizz Air Holdings Plc faces an investor showdown Tuesday over plans to pay its founder 100 million pounds ($137 million) if he can turn the discount carrier into another Ryanair Holdings Plc.
A bellwether for China’s listed tutoring firms suffered a credit rating downgrade, following a recent crackdown on the nation’s private education firms.
APi Group Corp. is nearing an acquisition of Carrier Global Corp.’s fire-safety and security business Chubb for about $3 billion in cash, according to people familiar with the matter.
China’s government bonds and the yuan slid in tandem, amid speculation that overseas hedge funds have stepped up liquidating the country’s assets after a rout in shares deepened.
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