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Headlines

Wednesday, May 6 2026

MFS Collapse Could Lead to Glut of London Mansions

Administrators investigating the £2.6 billion collapse of a mortgage lender have said the group is exposed to so much valuable London property that sales will need to be drip-fed into the market to avoid "depressing prices" in…

Wednesday, May 6 2026

Le Coq Sportif Dissolves Spanish Operations, Initiates Insolvency Proceedings

The French company Le Coq Sportif has filed for insolvency proceedings against its Spanish subsidiary, Modaes.com reported. The Spanish company of the sports equipment and fashion company has filed for bankruptcy proceedings,…

Wednesday, May 6 2026

Hong Kong’s Economy Expands at Strongest Pace in Nearly Five Years

Hong Kong’s economy expanded at its fastest pace in nearly five years in the first quarter of 2026, underscoring the strength of its recovery even as the outbreak of war in the Middle East clouds the outlook for growth and…