A Chinese Property Giant Warns of ‘Tremendous’ Financial Pressure

China Evergrande, the troubled property giant that has become a symbol of debt and excess in the world’s second-largest economy, said on Tuesday that it faced “tremendous” financial pressure and had hired restructuring experts to “explore all feasible solutions” for its future. The company’s fate, however, remains unclear, as it

Get a backbone and scrap deal! Brexiteer fumes at Boris for sticking with hated EU terms

EU are trying to ‘capture Northern Ireland’ says Ben Habib We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

Spread of 'Delta' COVID-19 knocks wind out of UK economy in July

LONDON (Reuters) -Britain’s economy unexpectedly slowed to a crawl in July as the Delta variant of COVID-19 spread rapidly after lockdown restrictions were eased and as a ‘pingdemic’ kept many workers at home self-isolating.Workers walk towards the City of London financial district as they cross London Bridge during the morning

Eight European nations just said NO WAY to Brussels as EU tries to impose new rules

European Commission faces lawsuit for missing deadline We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Austria, Denmark, Latvia,

Euro zone business activity strong in Aug but supply issues weighed-PMI

LONDON (Reuters) – Euro zone business activity remained strong last month, despite fears about the Delta variant of the coronavirus and widespread supply chain issues, according to a survey which suggested the bloc’s economy could be back to pre-COVID-19 levels by year-end.FILE PHOTO: A steel worker of Germany’s industrial conglomerate

Post-Brexit Britain ‘free from untrustworthy EU trade partners’, UK trade deals celebrated

Nicola Sturgeon launches blistering Brexit attack We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info A recent Lloyds Bank

U.S. private payrolls miss expectations in August -ADP

FILE PHOTO: A hiring sign is seen at the register of Burger Boy restaurant, as many restaurant businesses face staffing shortages in Louisville, Kentucky, U.S., June 7, 2021. REUTERS/Amira Karaoud/File PhotoWASHINGTON(Reuters) – U.S. private employers hired far fewer workers than expected in August, but the labor market continues to steadily

‘Getting worse’ German economy on brink as car industry giants hit by supply shock

Germany: Protesters set fire to model of Deutsche Bank logo We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

China's economy under pressure as factory activity slows in Aug, services contract

BEIJING (Reuters) – China’s businesses and the broader economy came under increasing pressure in August as factory activity expanded at a slower pace while the services sector slumped into contraction, raising the likelihood of more near-term policy support to boost growth.FILE PHOTO: A worker wearing a face mask works on