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Tuesday, April 21 2026
China's EV Boom Masks Rising Bankruptcies Across Sector
China's electric vehicle industry, the world's largest and most advanced, is facing mounting financial strain as fierce competition and overcapacity push many companies toward bankruptcy, UPI.com reported. While the sector has…
Tuesday, April 21 2026
Raízen’s Bank Creditors Said to Make Restructuring Proposal
Raízen SA’s bank creditors presented the Brazilian bioenergy company with a new restructuring proposal, Bloomberg News reported. As part of the plan, creditors are proposing that 30% of the proceeds from the sale of Argentine…
Tuesday, April 21 2026
China Leaves Lending Benchmarks Unchanged for 11th Month in April
China on Monday left benchmark loan prime rates (LPRs) unchanged for the 11th consecutive month in April, in line with market expectations. Solid economic growth at the start of the year and a pick-up in inflation reduced the…
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