Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
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Column: Meet the most dangerous quack in America
It used to be fairly easy to dismiss Florida’s surgeon general, Dr. Joseph A. Ladapo, as a clownish anti-vaccine quack posing a danger mostly to residents of his home state. That has become harder to do as time goes on, as Ladapo has moved from promoting useless treatments for COVID-19, such as the drugs hydroxychloroquine…
Tesla on two wheels? India’s Ola Electric feels the strains of success | Reuters News Agency
AutomotiveBusiness & Finance 28 November 2023, 4:40 am 1 minute Reuters reported that Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a cleaner future. Some of his mechanics can’t keep up, though. Aggarwal’s Ola Electric, which he likens to Tesla in the…
J D Wetherspoon to open pubs at Haven holiday parks
The first pub will open at Haven’s Primrose Valley Holiday Park in Filey, North Yorkshire, in March.
Boeing’s mid-flight blowout a big problem for company
The Alaska Airlines incident could have been much worse, but is still a major issue for the US plane-maker.
Record deals and tax-avoidance maneuvers: Southern California’s priciest sales of 2023
Southern California’s luxury real estate market never sleeps. But this past year, it collectively caught its breath. Luxury sales slowed down in 2023 — a combination of soaring interest rates, a newly introduced “mansion tax” and an inevitable drop-off from a pandemic market when megamansions flipped like hotcakes. In 2022, there were 17 home sales…
Austria stalls Russian sanctions over Raiffeisen blacklisting | Reuters News Agency
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…
