HONG KONG (Reuters) - A group of creditors of China South City has filed a lawsuit in Hong Kong against the developer's biggest state-owned shareholder to recover $1.4 billion, according to a court filing and a source familiar with the matter. The lawsuit is the first such case against a Chinese state shareholder of a developer for recovery of payments...

04:17 AM EDT, 06/04/2024 (MT Newswires) -- International Business Machines ( IBM ) and Rapidus have formed a partnership to develop mass-production technologies for chiplet packages, the companies said late Monday. Financial terms were not disclosed. Under the agreement, IBM ( IBM ) will provide Rapidus with packaging technology for high-performance semiconductors. IBM ( IBM ) and Rapidus engineers will...

04:14 AM EDT, 06/04/2024 (MT Newswires) -- Raketech Group Holding Plc (RAKE) said on Tuesday that it has secured a 5 million euro ($5.4 million) revolving credit facility with Bank of Valletta. Borrowings from the facility will bear interest at a rate of 4.5% over a variable internal bank rate. The company's existing credit facility with Avida Finans AB will...

04:21 AM EDT, 06/04/2024 (MT Newswires) -- American Oncology Network ( AONC ) said on Monday that it has appointed David Afshar as chief financial officer and chief operating officer. Afshar previously served as CFO for US Heart and Vascular, Aveanna Healthcare and ApolloMD. Price: 2.3700, Change: -0.05, Percent Change: -2.07 ...