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51-60 results from 1000 for query «debt»

September 2, 2018 11:31 AM China Protest Over Cash-Strapped City’s School Plan Turns Violent

Demonstrators turned on police in heavily indebted Leiyang, which wants to force some students to attend private schools BEIJING—Hundreds of people angry at a debt-laden Chinese city’s plans to deal with overcrowded public schools clashed with police in a protest that shows the social tensions beneath China’s long-running local-government debt problems 67

September 1, 2018 8:00 AM The Jonas Brothers' Dad's Company Files For Bankruptcy

The Jonas Bros are doing GREAT, but their father is having some serious financial issues. Paul Jonas' company just filed for bankruptcy ... TMZ has learned. According to legal docs, obtained by TMZ, Paul's New Jersey construction and real estate company has over $1 million in debt, including a $268k judgement from a case his company lost. In order to come up with the cash, Paul plans 79

September 1, 2018 5:00 AM Verity Health, hospital chain run by California billionaire, files for bankruptcy

Billionaire Patrick Soon-Shiong, who runs Verity Health System, bought the Los Angeles Times earlier this year. (Reuters) A California hospital chain managed by Los Angeles billionaire Patrick Soon-Shiong filed for bankruptcy Friday, citing mounting losses and debt, as it seeks a new buyer. Verity Health System, the nonprofit company that operates six hospitals 365

August 31, 2018 3:04 PM Casino shares sink, Muddy Waters tweet stirs fresh debt fears

PARIS (Reuters) - Shares in French retailer Casino (CASP.PA) sank as much as 15 percent on Friday amid fresh concerns over its debt burden. This came as U.S. short seller Muddy Waters said on Twitter that one of Casino’s subsidiary had not filed its 2017 accounts. The Muddy Waters tweet carried a link to public records company Infogreffe, which showed 55

August 31, 2018 2:10 PM Brazil’s Sky-High Lending Rates Hurt Consumers—and Economic Growth

Part of the problem is lack of competition among Brazil’s big banks, whose rates average 53% BRASÍLIA—Renato Saliba offers a good example of why Brazil’s economy doesn’t grow faster. For 25 years, he bought and sold homes in this capital, occasionally using his credit card to cover the acquisitions. But when Brazil’s 2015 recession took a bite out of his income 92

August 30, 2018 5:27 AM Vodafone bets on $8 billion merger to boost Australia business

Vodafone is betting on an $8 billion merger to better compete with Australia's telecom giants as the country prepares to shift to faster mobile networks. Vodafone's (VOD) Australian business is the third largest mobile operator in the country after Telstra (TLSYY) and Optus, which also have big fixed-line internet operations. Vodafone announced Thursday 990

August 28, 2018 9:21 PM Likely Lula replacement denies corruption charges in Brazil

RIO DE JANEIRO – The man in line to replace jailed presidential candidate Luiz Inacio Lula da Silva as the Brazilian Workers' Party standard-bearer on Tuesday denied accusations of corruption. Prosecutors accuse Fernando Haddad of receiving indirect payments to his 2012 campaign for Sao Paulo mayor. Construction company UTC Engenharia got preferential 93

August 28, 2018 5:29 PM Thomson Reuters launches $9 billion buyback, sending shares higher

TORONTO (Reuters) - Thomson Reuters Corp (TRI.TO) (TRI.N) on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial & Risk unit to Blackstone Group LP (BX.N) on Oct. 1. Shares in Thomson Reuters, which had been suspended prior to the announcement, were trading at C$58.12 at 1:12 p.m. ET in Toronto 63

August 28, 2018 4:18 PM As Turkey Teeters, Germany Considers Offering a Financial Lifeline

Berlin fears a meltdown of the Turkish economy could spill over into Europe with dire consequences ISTANBUL—The German government is considering providing emergency financial assistance to Turkey as concerns grow in Berlin that a full-blown economic crisis could destabilize the region, German and European officials said. While the talks are at an early 41

August 24, 2018 6:45 AM Trump offered Italy help to fund public debt next year: newspaper

MILAN (Reuters) - U.S. President Donald Trump told the Italian Prime Minister Giuseppe Conte in a recent meeting in Washington the United States was ready to offer Italy help in funding its public debt next year, Il Corriere della Sera reported on Friday. Citing three unnamed Italian senior officials, the newspaper said Trump made the offer to Conte 107