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Evergrande EV unit set for $3.6 billion gain from liability transfer
Reuters via Yahoo Finance Canada· 1 year agoWith more than $300 billion in total liabilities including offshore debt, Evergrande has been at the...
Shareholders of Evergrande's EV unit agree on restructuring deal
Reuters via Yahoo Finance Canada· 1 year agoShareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two...
Evergrande said to propose two offshore restructuring options- Bloomberg News
Reuters via Yahoo Finance Canada· 1 year agoOne proposed option would entail installment payments on the principal amount of the debt with total...
Evergrande EV unit reports about $10 billion loss for 2021, 2022
Reuters via Yahoo Finance Canada· 11 months agoThe NEV company, which has been under pressure since its parent China Evergrande group got sucked...
Marketmind: Dot plots, oil blots and auto strikes
Reuters via Yahoo Finance Canada· 9 months agoGatecrashed by an alarming backup in crude oil prices, this week's dominant event may be less decisive than at first glance as the U.S. Federal Reserve...
Meme Traders, Evergrande in Court, COP Cut: Sunday Asia Briefing
Bloomberg via Yahoo Canada News· 7 months ago(Bloomberg) -- With COP28 in full swing, Bitcoin poised to regain $40,000, Evergrande back in court...
WM Motor's bankruptcy highlights challenges faced by EV startups in China
TechCrunch via Yahoo Canada News· 9 months agoChinese electric vehicle startup WM Motor has filed for bankruptcy reorganization, an example of yet...
Rising US Pump Prices Fuel GOP Attacks, Foreshadowing 2024 Blitz
Bloomberg via Yahoo Canada News· 11 months ago(Bloomberg) -- Rising pump prices have already armed Republicans with a fresh weapon to bash...
US stocks mixed as FTSE and European stocks fall ahead of US GDP update
Yahoo Finance UK· 9 months agoWall Street, New York: The US markets await an update on the nation's growth due Thursday. Photo:...
Pay Cuts and Layoffs at China’s WM Motor Show EV Industry Stress
Bloomberg via Yahoo Finance Canada· 1 year ago(Bloomberg) -- Expectations were high for WM Motor Holdings Ltd., a Shanghai-based electric-vehicle...