Cars drive near an AMC Theater in New York City on March 29, 2023. Leonardo Munoz | View Press | Corbis News | Getty Images The domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. The world’s largest movie theater chain, however, isn’t on such solid footing. AMC operates around 900 theaters and 10,000 screens globally, a larger footprint than its chief
By Xie Yu and Clare Jim HONG KONG (Reuters) – Country Garden (HK:) submitted the preliminary terms of its offshore debt restructuring proposal to some creditors late last month, said five sources familiar with the matter, as the indebted Chinese property developer tries to avoid liquidation. The restructuring proposal includes a revised cash flow projection, said two of the sources who have direct knowledge and another person familiar with the
A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International Monetary Fund in Washington, DC on October 18, 2024. Daniel Slim | AFP | Getty Images The International Monetary Fund warned Wednesday that the public debt situation worldwide could be more dire than most think, highlighting skyrocketing fiscal deficits in the U.S. and China. Global public debt will rise above
RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia’s finance minister said, expressing particular concern over lower income countries as well as what he described as rapidly growing global fragmentation. “I think globally, the serious, serious issue that we need to watch is sovereign debt issues, particularly in low-income countries and emerging economies that do not have the fiscal buffers to lean into
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks. Source link
