Brigita, a director at one of China’s largest car dealers, is running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and banks are reluctant to extend deadlines on billions of yuan in debt coming due over the next few months. There are also other creditors to think about.
Singapore Exchange Ltd. published a list of firms that are now required to provide quarterly earnings reports based on its risk-based approach, a few weeks after the city-state scrapped the requirement for most companies.
Japan's ambassador to Tehran said on Monday that the volume of trade exchange between Tehran and Tokyo is not enough, stressing that Japanese companies are very optimistic about Iran's future and to the same reason they are present in the country.
Tesco, Sainsbury’s, Asda and the UK’s largest asset manager are among 67 major companies and investors who have written to Brazil’s far-right president, Jair Bolsonaro, urging his government to stop further deforestation of the Amazon for soy production.
For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the US and other overseas markets.