Stuff that matters

How meme stock darling AMC’s new preferred shares work

AMC Entertainment Holdings Inc (AMC.N), the movie theater operator that investors have turned into a meme stock, completed the listing of its new preferred shares on Monday, setting the stage

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Malaysia’s ex-PM Najib and the multi-billion dollar 1MDB scandal

Malaysia’s top court ordered former prime minister Najib Razak to begin a 12-year prison sentence on Tuesday after rejecting his appeal against a conviction on charges related to a multi-billion

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Rouble steadies near 60 vs dollar, Yandex shares outperform market

The Russian rouble firmed slightly on Tuesday after initially easing beyond 60 against the dollar, while shares in leading internet firm Yandex outperformed the market after the company said it

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VW aims to take stakes in Canadian mines, mine operators

Volkswagen (VOWG_p.DE) aims to enter the mining business in Canada to ensure its raw material supply for battery production, a board member for the German carmaker told Handelsblatt daily. “We

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India e-commerce firms ramp up hiring of delivery workers for shopping season

India’s e-commerce companies are adding delivery personnel at a rapid pace, fearing a labour shortage might cause them to lose out in one of the biggest annual shopping seasons that

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China developer Shimao looks to repay $11.8 bln debt over 3-8 years

Cash-strapped Chinese developer Shimao Group has proposed a two-class restructuring plan to offshore creditors to repay $11.8 billion over a period of three to eight years, according to two sources

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