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LONDON — The Royal Bank of Scotland on Thursday reported its seventh annual loss, weighed down by restructuring and litigation costs. The bank, based in Edinburgh, announced another drastic restructuring…
HONG KONG — The troubled Chinese developer Kaisa Group disclosed on Monday that its debts now total more than $10 billion and that it urgently needs to restructure its borrowings…
DILI, East Timor — East Timor independence hero Xanana Gusmao resigned as prime minister Friday, stepping down ahead of an expected restructuring of the government next week. Gusmao, 68, is…
The browser tab also read “ISIS will prevail.” – READ: Malaysia Airlines slashes 6,000 jobs in major restructuring