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(Bloomberg) -- China Inc. is struggling to offload overseas businesses and the accompanying debt in an increasingly volatile market.In just a few weeks, companies from yacht makers to luxury clothing and pizza outlets -- acquired by Chinese firms in recent years -- have either scrapped planned initial public offerings or sought alternatives to reduce their debt piles.Ferretti SpA, the Italian superyacht maker controlled by China’s SHIG–Weichai Group, shelved its planned Milan listing last week, citing weak market conditions. Shandong Ruyi Technology Group Co., which spent over $4 billion on purchases including U.K. trench coat maker Aquascutum, introduced a local state-owned firm as its second-largest shareholder amid rising pressure to repay debt.Chinese firms started selling off assets two years ago when the government tightened curbs on capital outflows and stepped up scrutiny on foreign acquisitions. Geopolitical factors from the U.S.-China trade war to Brexit and protests in Hong Kong and Chile are...
Investing.com - Oil prices climbed on Tuesday, buoyed by hopes for progress in U.S.-China trade negotiations, but gains were held in check amid expectations for another build in U.S. stockpiles....
Namaste Technologies (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) has entered into a secured convertible loan agreement with Choklat, a private chocolate manufacturer in Alberta. "We're investing in Choklat to ensure they're able to maximize the pending market opportunity for edibles," stated Meni Morim, the CEO of Namaste. The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) unveiled […]The post Cannabis Stock News Daily Roundup October 22 appeared first on Market Exclusive....
The “not too warm, not too cold” forecast could help hold prices in a range over the near-term. However, prices could continue to plunge if production keeps rising....
Q3 2019 OFG Bancorp Earnings Call...
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see......
The big shareholder groups in EssilorLuxottica Société anonyme (EPA:EL) have power over the company. Insiders often......
