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China's Tech Distress Grows as U.S. Chip Sanctions Bite
Business

China's Tech Distress Grows as U.S. Chip Sanctions Bite

Semiconductor imports to China are falling and Chinese companies say they are struggling to get key components and machinery. Source link

Factbox-First Citizens BancShares, buyer of flailing rivals By Reuters
Stock Market

Small business distress index hits mid-2020 high By Reuters

© Reuters. FILE PHOTO-People walk along a busy shopping street, during the traditional Boxing Day sales in London, Britain, December 26, 2022. REUTERS/Maja Smiejkowska/file photo

Distress in Office Market Spreads to High-End Buildings
Business

Distress in Office Market Spreads to High-End Buildings

The owners of a number of high-end properties recently defaulted on their mortgages, highlighting the financial strain from rising interest rates and vacancies.  Source link