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Sinic Holdings said it probably won’t repay $250 million worth of bonds and China Properties Group said it defaulted on $226 million worth of notes, all while questions around Evergrande’s future swirl. The world’s largest contract electronics producer has been transferring deeper into the automotive industry because it seeks to diversify its business beyond the Apple products that it’s best known for making. A lack of specialised intermediary corporations and regulatory methods on which multinational companies depend. Successful companies search for these institutional voids and work round them.
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Meanwhile, Wall Street stocks rebounded overnight as buyers eyed corporate earnings. Sign up for normal updates on IHRB news, events, blogs and publications. TheSustainable Shipping Initiative and the Institute for Human Rights and Business , together with SSI members right now announce the launch of a model new …