Makers of luxury submarines braced for collapse after an expedition to the Titanic wreckage ended in disaster. But some deep-pocketed clients are still calling.
Liquidators of the beleaguered China Evergrande Group are in talks with a potential buyer to sell a significant stake in the property giant’s new energy vehicle unit.
Oil edged higher. Speculators have increased their net WTI crude oil positions but selling may be looming on weakening trend signals, commodity strategists at TD Securities said.
The Australian real-estate developer plans to exit international construction amid what it called a prolonged market downturn, freeing $2.98 billion for capital returns, debt reduction and local growth.
