Alstom Faces Challenges as It Implements Restructuring Plan
Alstom, the French train maker, experienced a significant drop in its shares on Wednesday, leading to concerns about the company's debt level. In response to a cash flow warning in…
REIT Debt: A Surprising Rally in 2024
Debt issued by publicly traded commercial real-estate investment trusts (REITs) has defied expectations by experiencing a significant rally in the early months of 2024, despite the challenges faced by the…
Casino Guichard-Perrachon Share Price Plunge
Shares in Casino Guichard-Perrachon experienced a significant drop following the announcement of its financial restructuring plans. The company is seeking approval from a U.S. court for these proposed measures. Share…
Vedanta Ltd. Plans to Spin Off and List Business Units on Stock Market
Indian mining and energy group, Vedanta Ltd., has announced plans to split into six entities and list them on the stock market. The move is aimed at attracting investments and…
China Evergrande Shares Fall After Detention of Wealth-Management Staff
Shares of China Evergrande Group dropped after some staff members from its wealth-management unit were detained by police in southern China. The debt-laden developer's shares fell by as much as…
The Chinese Economic Model Poses Grave Threats to the U.S. and Its Interests, According to Jim Chanos
Short seller Jim Chanos recently reiterated his long-standing concerns about China's economy during a hearing held by a U.S. House committee. Chanos expressed his belief that the Chinese economic model…