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Saturday, October 23, 2021 China property giant Evergrande Group wired USD83.5 million in interest owed in an offshore bond from September 23 on Thursday, temporarily averting default, according to a Reuters source and Chinese newspaper Securities Times. The wire to a Citibank fiduciary account following a 30-day grace period came after assurances by various members […]
Tuesday, February 5, 2008 Afflecks Palace, the “iconic, alternative shopping centre” in the Northern Quarter of Manchester in England, United Kingdom, was saved from closure this week after long-running rumours that the market may have to “kick out its traders” due to a dispute between the management of the Afflecks Palace brand and the leaseowner […]