TorontoFormer Toronto mayor John Tory is set to rejoin the board of directors at Rogers Communications Inc.Tory listed among 14 proposed management nominees for company's annual meetingThe Canadian Press · Posted: Mar 25, 2024 11:46 AM EDT | Last Updated: 1 hour agoTory's return...
Embattled Chinese property developer Shimao Group Holdings is seeking to restructure offshore debt worth US$11.7 billion.The Shanghai-based firm is seeking approval from offshore creditors for a restructuring plan, according to a filing made to the Hong Kong stock exchange late on Monday, as part of...
The top executive at embattled plane-maker Boeing will step down this year amid a broader shakeup of the company's leadership, capping a tumultuous five-plus years that have shaken faith in one of America's most storied manufacturers.In a letter to employees announcing his departure, CEO Dave Calhoun...
Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (US$3.8 million) or more since the removal of all of Hong Kong’s property curbs last month, JLL said.These buyers have accounted for 70 per cent of the primary sales of luxury residential...
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin lights a candle during his visit to a church of the Novo-Ogaryovo state residence outside Moscow on March 24, 2024, as Russia observes a national day of mourning after the...
Colin Huang, the founder of PDD Holdings, has become China’s richest technology entrepreneur after a surge in the value of its US-listed shares, allowing him to surpass the nation’s more illustrious tycoons Pony Ma Huateng of Tencent Holdings and Zhang Yiming of Bytedance.The 44-year-old grew...
US tech giant Apple has picked Chinese search engine giant Baidu to provide the generative artificial intelligence (AI) technology for its coming iPhone 16 and other products in the mainland market this year, according to a Chinese media report.Apple will use Baidu’s Ernie Bot for...
The government will develop “a holistic approach” that includes phased implementation of the disclosure requirements for “all financial services sub-sectors”, including listed companies, banks, fund managers, insurance companies and Mandatory Provident Fund trustees, Hui said.Screens show the Hang Seng Index and other market indicators inside...
Citic Securities tumbled by the most in 18 months after the Shenzhen Stock Exchange said it would conduct an on-site supervision of China’s biggest brokerage by market value for its role as IPO sponsor of Liangang Optoelectronic Technology.It is the first of its kind investigation...
Debt stricken property developer Country Garden has roped in a new partner to inject capital into its partially-finished, 64-storey commercial tower in Guangzhou’s Baietan business district, as the company overcame struggles to finish construction on a land parcel acquired in 2017.The announcement lifted the developer’s...