ET AMC Avoids Bankruptcy for the Fifth Time: Live Updates RIGHT NOW China overtakes the U.S. as the top destination for foreign direct investment. AMC’s chief executive, Adam Aron, had said in mid-December that AMC needed to raise another $750 million to squeak through. Even if he does manage to steer AMC through the pandemic, Mr. Aron faces bone-chilling challenges on the other side. Investment in Europe was wiped out, and globally, the flow of foreign investment altogether fell by 42 percent. The United Nations group expects foreign direct investment across the globe to remain weak for 2021.

Source: New York Times January 25, 2021 12:27 UTC