McDonald's temporarily shuts US offices as it prepares layoff

Fast-food chain McDonald's is temporarily closing its US offices as it prepares to inform corporate employees about...

Jack Ma's homecoming all part of China's plan

Alibaba's landmark restructuring has sent its shares soaring in New York and Hong Kong, as investors bet on the...

Chinese real estate giant Evergrande rolls out restructuring plan

Evergrande's negotiations with bondholders which investors said often seemed close to faltering covered over USD 19...

SSF brings hybrid warfare to space, cyber, politics

The SSF, established on the last day of 2015 as part of an armed forces restructuring introduced early in Chinese...

China assures it will back Sri Lanka's debt restructuring: Prez

Making a special address in Parliament, the President said that the EXIM Bank of China last night handed over a new...

Pakistan at the deep end of an economic crisis

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) recently said Pakistan had been...

Pitfalls of Chinese investments in Sri Lanka

China's external lending and even private corporation's activities abroad are dictated by political considerations....

Pakistan's budget deficit projections revised to Rs 6.22 tn

The federal government will book the highest-ever budget deficit despite putting an extra burden of Rs 735...

Sitharaman discusses debt restructuring with heads of WB, IMF

Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass....

McKinsey plans to eliminate 2,000 jobs: Report

McKinsey and Co plans to eliminate thousands of positions, adding the consulting giant to a wave of companies that...

China warns US against "finger-pointing" Moscow-Beijing ties

Speaking at a regular press conference, China's Foreign Ministry spokesperson Wang Wenbin said, "China-Russia...

Nissan, Renault negotiators await directors' nod on pact deal

Nissan has been negotiating for a partnership of equals. Renault currently holds 43 per cent of Nissan's shares. The...