HONG KONG, March 5 (Reuters) - State-backed China Vanke said on Tuesday the funding for repaying its dollar notes due on March 11 was in place, amid more selling pressure on its bonds as concern mounts over liquidity at the Chinese developer. China's No.2 property developer by sales said in a statement to Reuters that the repayment process for the...

March 5 (Reuters) - Virgin Australia , the carrier owned by Bain Capital, reported a profit of A$236 million ($153.2 million) in the first half of this fiscal year, reflecting a strong increase from last year, according to an internal memo seen by Reuters. The carrier reported interim revenue of A$2.8 billion, citing a robust recovery in travel demand and...

(Reuters) -Global office rental firm IWG reported a 34% jump in annual core profit on Tuesday, buoyed by increased demand for its flexible working spaces and pricing strength, and forecast 2024 earnings in line with its expectations. Landlords have seen a gradual growth in the utilisation of their office spaces since mid-2023 as tenants increasingly scrap pandemic-induced permanent remote working...

BEIJING, March 5 (Reuters) - Apple's ( AAPL ) iPhone sales in China fell 24% year-on-year in the first six weeks of this year, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in premium smartphones in China, Huawei, saw unit sales rise by 64%...