HONG KONG, July 16 (Reuters Breakingviews) - Beijing's drive to eliminate $10 trln of hidden borrowings ends a fiscal model that powered decades of urbanisation. As land sales dry up, provinces and ...
Goldman Sachs and Morgan Stanley are both riding high on tech. Deal fees bulged while they combined for $14 bln in revenue ...
The financial plumbing firm and buyout shop Advent offered $53 bln to buy the payments processor. It's a welcome lifeline for Venmo's owner, but at a bargain price. There's room to sweeten the bid ...
The €624 bln chip-equipment giant may boost its production capacity for a key machine by 30% in 2027 and 2028. It should help dispel fears that the Dutch group is an industry bottleneck. The ...
BYD and rivals sold 1 mln vehicles abroad in June as a 9-month sales slump at home added to oversupply, while pricier ...
From AOL to Disney, the industry is littered with value-destructive mergers. The streaming giant betrayed its own ...
At 4.3%, economic expansion has fallen below Beijing's target range. A big factor is the $1.5 trln drive to tackle hidden ...
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