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Chinese Economy’s Struggle to Recover

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  • Post last modified:July 12, 2023

Introduction The Chinese economy, once expected to experience a strong rebound, is facing challenging times. The lifting of President Xi Jinping's failed zero-Covid policy has not resulted in the anticipated…

Ondo InsurTech Secures Loan Restructuring

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  • Post last modified:July 11, 2023

Ondo InsurTech, the London-listed insurtech group, announced on Tuesday that it has reached an agreement with its largest shareholder, Homeserve Assistance, to restructure its five-year loan notes. This move aims…

Travis Perkins CFO Set to Step Down

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  • Post last modified:July 11, 2023

Travis Perkins, the U.K. building-materials retailer, has announced that Chief Financial Officer Alan Williams will be stepping down in 2024. In his place, the company has named Duncan Cooper, currently…

iFlytek Shares Surge

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  • Post last modified:July 11, 2023

IFlytek, a Chinese tech company specializing in natural-language processing and artificial-intelligence technologies, saw its shares surge on Tuesday despite forecasting a steep drop in first-half profits. Investors chose to focus…

Investor Confidence in Biopharma Sector Takes a Hit

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  • Post last modified:July 10, 2023

New approvals from the Food and Drug Administration (FDA) are continuing to put downward pressure on the share prices of drug developers, indicating a growing skepticism among investors towards the…