Two major global rating
agencies downgraded issuers linked to Chinese regional and local
governments on Wednesday, drawing attention to credit risks as
Beijing continues its lengthy crackdown on systemic financial
Hurricane Florence is forecast to be an
extremely dangerous major hurricane when it nears the U.S.
coast, while some weakening is expected on Thursday, the U.S.
National Hurricane Center (NHC) said in its latest advisory on
British Environment Secretary
Michael Gove said on Wednesday he was sure there would be a
"solid vote" in parliament for Prime Minister Theresa May's
Brexit proposals following reports lawmakers in her own party
had met to discuss ousting her.
China's main stock index on
Wednesday closed at its lowest level since January 2016, as
trade war concerns continued to vex investor confidence with
China seeking $7 billion in sanctions against the United States
over dumping duties.
Serviced offices provider IWG Plc's
chief operating and financial officer Dominik de Daniel
will leave the company, the owner of the Regus brand said on
Wednesday, appointing Eric Hageman as interim finance chief.