ABU DHABI / WAM Presight AI Holding, a company specialising in AI-powered analytics and big ...
Read More »China’s CEFC defaults as Rosneft deal fails
Bloomberg As corporate defaults pile up in China’s onshore bond market, a unit of a once-promising energy conglomerate with $4.8 billion of debt and a checkered past said it won’t be able to meet its payment obligation on Monday. CEFC Shanghai International Group Ltd., a unit of the privately-held CEFC China Energy Co., failed to repay 2 billion yuan ($313 ...
Read More »