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China wealth manager Zhongzhi flags insolvency, $64 billion in liabilities

Business
Jessica Roberts

BEIJING, Nov 23 (Reuters) – China’s Zhongzhi Enterprise Group, a leading wealth manager, told investors it is heavily insolvent with up to ...

Vodafone to sell Spanish arm to Zegona for $5.3 bln

Business
Jessica Roberts

People walk past a Vodafone store in Ronda, Spain, October 3, 2022. REUTERS/Jon Nazca/File Photo Acquire Licensing Rights Vodafone to receive 4.1 ...