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Egypt hails new 'furniture city' but many craftsmen unconvinced

DAMIETTA, Egypt (Reuters) - Egypt has built a multi-billion-pound "furniture city" near the mouth of the Nile, a pilot for a series of industry mega-hubs it wants to throw up across the nation, but it could face a struggle to populate it.

China companies struggle to stay afloat

SHANGHAI: Brigita, a director at one of China’s largest car dealers, is running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and banks are reluctant to extend deadlines on billions of yuan in debt coming due over the next few months. There are also other creditors to think about.

Trial to begin of former French PM Fillon over fake jobs scandal

PARIS (Reuters) - Former French prime minister Francois Fillon and his wife Penelope go on trial on Monday over a fake jobs scandal that wrecked his 2017 run for president and opened the Elysee Palace door for Emmanuel Macron.