Tag: International business news

New default by a Chinese real estate company shakes the markets

New default by a Chinese real estate company shakes the markets New default by a Chinese real estate company shakes the markets

The trading of the shares of Kaisa Group Holdings and three of its units was suspended, one day after one of its subsidiaries failed to meet its obligations to its domestic (Chinese) investors, due to the debt crisis in the country’s real estate market. and other companies. Shenzhen-based Kaisa housing construction company, which has guaranteed […]

Boeing: $ 225 million deal to settle shareholder lawsuit against management

Boeing: $ 225 million deal to settle shareholder lawsuit against management Boeing: $ 225 million deal to settle shareholder lawsuit against management

The current and former directors of Boeing Co. have reached an agreement of about 225 million dollars to settle a lawsuit of the shareholders against them. The shareholders claimed that Boeing’s board had failed to successfully oversee safety issues related to the 737 MAX aircraft, The Wall Street Journal reported in a report on Thursday, […]