Showing 1 - 10 of 70
Luxury retailer Saks Global files for bankruptcy
AFP, Published on 14/01/2026
» NEW YORK - US luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.
Luxury retailer Saks Global files for bankruptcy
AFP, Published on 14/01/2026
» WASHINGTON — United States luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.
Medvedev 'needs help' after US Open meltdown: Becker
AFP, Published on 26/08/2025
» NEW YORK - German tennis legend Boris Becker believes Daniil Medvedev should seek "professional help" after the Russian crashed out of the US Open following the latest in a long line of spectacular on-court meltdowns.
Country Garden denies founder, chairwoman have fled China
AFP, Published on 19/10/2023
» BEIJING - Chinese property giant Country Garden denied Thursday its founder and chairwoman had fled the country, as the debt-saddled builder flirts with a default that could send shockwaves through the industry.
China's Country Garden says might not meet all debt obligations
AFP, Published on 10/10/2023
» BEIJING - Debt-saddled Chinese property giant Country Garden said on Tuesday that it did not expect to meet all of its offshore payment obligations in time as it edges towards a potential default.
China developer Evergrande plunges on resuming Hong Kong trading
AFP, Published on 28/08/2023
» HONG KONG - Shares in troubled Chinese property giant Evergrande plummeted more than 80 percent in Hong Kong on Monday morning after the lifting of a 17-month trading suspension.
Sri Lanka unveils debt restructuring plan
AFP, Published on 29/06/2023
» COLOMBO: Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.
Climate finance summit wraps up eyeing bigger progress
AFP, Published on 23/06/2023
» PARIS - A global summit seeking to overhaul the international financial system wraps up Friday after taking small steps towards easing the debt burden of developing nations weighed down by climate and economic crises.
Ten highlights from 2023 French Open
AFP, Published on 12/06/2023
» PARIS - The French Open ended on Sunday with Novak Djokovic and Iga Swiatek crowned champions after two weeks which featured geopolitics, controversies over sportsmanship as well as marathon matches.
Biden, Republicans meet for debt showdown as default looms
AFP, Published on 17/05/2023
» WASHINGTON - Joe Biden and Republican leaders readied for high-stakes talks Tuesday to avert a catastrophic debt default, as the White House said the president may cut short an upcoming Asia tour to tackle the crisis.