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Powell still favorite for Fed reinstatement but investors examine alternatives - Vimarsana News

Powell still favorite for Fed reinstatement but investors examine alternatives

Jerome Powell may still be the clear favorite to get renominated as Federal Reserve Chairman, but some investors are considering the long-shot alternative should there be a surprise change.

Exclusive-How the illicit copper trade is sapping South Africa - Vimarsana News

Exclusive-How the illicit copper trade is sapping South Africa

South Africa's economic woes are being compounded by the theft of massive amounts of copper from state firms Eskom and Transnet, much of which is smuggled overseas, costing the country billions of rand a year, according to market sources.

Exclusive-Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say - Vimarsana News

Exclusive-Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say

Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts.

After Wild West start, scooter providers chase scale to survive - Vimarsana News

After Wild West start, scooter providers chase scale to survive

The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher regulations, more demanding customers and wary insurers.

Analysis-N.Korea threatens to upstage S.Korea defence expo with duelling military show - Vimarsana News

Analysis-N.Korea threatens to upstage S.Korea defence expo with duelling military show

South Korea will hold its biennial defence fair in Seoul next week, just days after North Korea opened a highly unusual military exhibition that analysts said may be partly aimed at stealing some thunder from Seoul amid a growing arms race.