Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors
Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors
Similar Posts
FAA Tells Airlines to Check Door Plugs on Boeing 737-900ER
The Federal Aviation Administration recommended late Sunday night that airlines begin visual inspections of door plugs installed on Boeing 737-900ER planes, the second Boeing model to come under scrutiny this month. The F.A.A. said the plane has the same door plug design as the 737 Max 9, which had 171 jets from its fleet grounded…
United Airlines CEO lashes out at Boeing over Alaska Airlines panel
The top executive at United Airlines threatened to shun Boeing after the carrier’s fleet of Max 9 aircraft was grounded in the wake of the near-disastrous Alaska Airlines door blowout. “I think the Max 9 grounding is probably the straw that broke the camel’s back for us,” United CEO Scott Kirby told CNBC’s “Squawk Box”…
UK’s flagship nuclear plant could cost up to $59 billion, developer says
LONDON — A major nuclear plant that Britain’s government hopes will generate affordable, low-carbon energy could cost up to 46 billion pounds ($59 billion), and the completion date could be delayed to after 2029, the firm developing it said Wednesday. The U.K. government says nuclear projects like the Hinkley Point C plant are a key…
Elon Musk visits Auschwitz, says he was ‘naive’ about antisemitism
Elon Musk admitted to being “naive” about the recent rise in antisemitism after visiting the Auschwitz-Birkenau concentration camp in Poland on Monday — an experience the tech mogul described as “incredibly moving.” “It hits you much more in the heart when you see it in person,” Musk, the world’s richest person, said after touring the…
What you should know if you’re about to fly on a Boeing Max 9
Boeing 737 Max 9 jetliners will carry passengers in the United States again, starting this weekend, for the first time since they were grounded after a panel blew out of the side of one of the planes. Alaska Airlines plans to resume flights with its Max 9s on Friday, and United aims to follow suit…
Biden Cancels Another $5 Billion in Student Loan Debt
President Biden on Friday canceled nearly $5 billion in student loan debt for 74,000 people, the latest effort by the administration to deliver piecemeal relief after the Supreme Court struck down Mr. Biden’s more ambitious loan cancellation plan last year. Most of the people who will benefit from the latest round are teachers, nurses, firefighters…