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Monday, August 25 2025

China's Country Garden Forecasts Bigger Loss After Deliveries Slump

Embattled Chinese property developer Country Garden on Friday warned of a bigger loss for the first half of fiscal 2025, after deliveries of housing projects halved from 2024 and asset impairments rose, Reuters reported. The…

China

Argo Blockchain Stock Plunges Deeper as Insolvency Fears Intensify

Shares in the embattled Bitcoin miner, Argo Blockchain, tumbled more than 20% on Friday, after the company announced that it had failed to negotiate terms for a bailout loan, CCN.com reported. Argo remains locked in talks with…

United Kingdom

Germany’s Economy Shrank by More Than Expected on Tariff Hit

Germany’s economic output shrank by more than initially estimated in the second quarter, with industry faring worse than expected as U.S. tariffs hurt exports, the Wall Street Journal reported. Gross domestic product in Europe’s…

Germany