Brace yourself: A growing number of hard-up Chinese borrowers aren’t making good on their debts. The pattern is all too familiar. After a record year of defaults in 2018, two big issuers failed to meet their obligations in recent weeks. Coal miner Wintime Energy Co., one of China’s biggest defaulters last year, missed interest payments again this month. Beijing Orient ...

Here we go again: Britain’s parliament is debating Brexit and Prime Minister Theresa May is playing for more time as various factions try to influence the endgame. Her goal is to deliver her divorce deal without dividing her party. So what’s new? For one thing, the time left on the clock. Just 45 days remain until Britain exits on March ...

Gucci’s gaudy creations are moving from cutting-edge to classic. But there are signs that some investors might be starting to look elsewhere for the next big thing. The fashion house’s French parent company, Kering SA, said that Gucci’s organic sales rose 28.1% year-on-year in the last three months of 2018. That’s an impressive performance given that it was being compared ...