Shares of China Evergrande New Energy Vehicle fell sharply after creditors of two of its units asked a court to begin bankruptcy proceedings. Country Garden's entire offshore debt will be deemed ...

The fines and business suspension marks the most severe action taken against any accounting firm by Chinese regulators.

PwC’s mainland unit could face a 500 million yuan (US$70 million) fine and a six-month ban on business for its failure in the audit of bankrupt developer China Evergrande Group, sources say.

HONG KONG--Shares of China Evergrande Group tumbled on Thursday, as investors in the debt-laden developer were sceptical of the company’s thinly detailed plan to have a preliminary restructuring ...

The new target represents 40.5% upside from the stock's closing price on Friday. And that comes after shares had already jumped on news last week that the company would join the S&P 500 later this ...

Shares of Trainline PLC (GB:TRN) soared over 8% as of writing after the company upgraded its adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) estimate and expects it ...

Shares of the ASX-listed WiseTech Global Limited (AU:WTC) soared to a new high after the company released its annual results for FY24. The company’s total revenue surged 28% year-over-year to ...

Chinese regulators hit PwC's mainland China unit with a six-month suspension and a record fine of 441 million yuan ($62 ...

Seamless reading experience. Save your favourite. Evergrande, which is at the centre of China's property sector debt crisis, said late last month that its billionaire founder was being investigated ...

Shares of the connected-fitness equipment maker closed at $4.55 their best day in 18 months. Barry McCarthy, who stepped down as CEO in May after nearly two years in the role, had focused on ...

PetIQ shares rose on Wednesday after the group said it entered into a definitive agreement with Bansk Group to be acquired in an all-cash deal valued at around $1.5 billion. In premarket trading ...

Shares in Bunzl rose to a record high after the distribution-and-outsourcing group announced a new capital return framework alongside its first-half results. The stock traded 11% higher at 3,556 ...