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Bank boss says it’s not ‘that difficult’ to buy a home — and sparks a backlash
Howard Davies, chairman of Natwest Group Plc. Bloomberg | Getty Images The chair of one of Britain’s biggest banks faced a backlash Friday after saying it is not “that difficult” to get on the property ladder. NatWest chair Howard Davies told the BBC’s “Today” program that the current economic landscape — which has seen interest…
Shipping boss says ongoing Red Sea disruption could have ‘significant consequences’ for global growth
Ongoing disruption to trade flows through the Red Sea could hit global economic growth, the head of one of the world’s largest container shipping firms said Thursday. Maersk CEO Vincent Clerc said it remained unclear whether passage through the waterway would be re-established in “days, weeks or months,” in comments first provided to the Financial…
China’s property ‘inventory overhang’ could take more than 10 years to correct, economist says
The site of a real estate building under construction in Huai ‘an city, Jiangsu province, China, December 26, 2023. CFOTO | Future Publishing | Getty Images China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more than 10 years to clear,…
Michael Jordan’s 1998 NBA Finals sneakers sell for a record $2.2 million | CNN
Editor’s Note: This story was updated with the final sale price and other details following the auction. CNN  — In 1998, Michael Jordan laced up a pair of his iconic black and red Air Jordan 13s to bring home a Bulls victory during Game 2 of his final NBA championship — and now they are…
Pope hosts Marxist-Christian dialogue group at Vatican, praises cooperation ‘promoting the common good’
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Nigerian AI artist creates a fashion show for elderly people | CNN
CNN  — A fashion show that features elderly people as models is a rarity. One with elderly Black African models is even rarer. Perhaps that’s why Nigerian visual artist Malik Afegbua got so much attention from around the world when he posted images on social media last month showing seniors on a fashion runway, draped…
