Tag: Business
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German election leaves investors braced for more spending
The purse strings have been loosened. No matter who heads Germany’s new government, it will stay the same. That’s the verdict from investors. After Finance Minister...
Ferrari, Exor clinch alliance with former Apple designer
Italian luxury car maker Ferrari and its parent company Exor, are joining forces with with Jony Ive. It is the creative mind behind many...
Evergrande faces local government inquiry
The city’s financial regulator told the investors that the Shenzhen government is investigating a unit of Chinese developer Evergrande. This is a first sign of an...
$1 BLN solar spree plan in Iberia
Wind power giant Iberdrola and solar project developer Prosolia Energy will jointly invest 850 million euros in five solar parks in Iberia by 2025....
Evergrande domestic debt deal calms contagion concern
China Evergrande agreed to settle interest payments on a domestic bond. Evergrande, Asia’s biggest junk-bond issuer, is so entangled with China’s broader economy. Through...