Dalian Wanda Group said on Tuesday it had scrapped plans to buy Nine Elms Square in London, the latest setback for the Chinese conglomerate as Beijing tightens controls on overseas investment. St. Modwen Properties, owner of the London building, said on Monday it had completed the 470 million pound ($605.6 million) sale, without naming the […]
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IT IS an often-heard office conversation. Someone returns from a trip with a nasty bug, and colleagues say he must have caught it from a germ-ridden plane. It is not unusual to come down with something nasty after flying. And as a fellow Gulliver reported last week, contaminated air on flights is widespread. Someone has […]
Read moreSenate Majority Leader Mitch McConnell on Monday insisted the U.S. government will raise the debt ceiling and avoid defaulting on its debt. “There is zero chance — no chance — we won’t raise the debt ceiling. No chance,” McConnell said at an event in Kentucky with Treasury Secretary Steven Mnuchin. “America’s not going to default. […]
Read moreCompetition for housing is soaring, affordability is weakening, and the U.S. housing recovery is grinding to a crawl—and, in large part, the baby boom generation is to blame. No, they’re not doing anything immoral or illegal; in fact, they’re not doing anything at all, and that is precisely the problem. They’re not moving. Baby boomers, […]
Read moreCurrency, United States Finance
Spanish police say 'shot down' person, public TV says it is Barcelona attack suspect
Spain’s bomb squad was using a robot to get close to a man shot by police on Monday who public television said was the man wanted for driving a van into crowds on a Barcelona boulevard last week, killing 13 people. Police said the man was wearing what appeared to be an explosive belt, which […]
Read moreMonday’s solar eclipse is a big deal because total solar eclipses are rare. The last time people in the U.S. have been able to see one was in the 1970s. Much less rare: Press releases from HR firm Challenger Gray, announcing that an event many people in the U.S. are interested in will cost U.S. […]
Read moreWhisky might not be the most conventional buying opportunity – but for this investor, it’s a commodity worth investing in. Rupert Patrick, CEO of whisky trading website WhiskyInvestDirect, said that investing in Scotch whisky is a long-term investment comparable to buying gold. Patrick’s business is part of the BullionVault group, which enables investors to trade […]
Read moreGerman Chancellor Angela Merkel criticized her predecessor, Gerhard Schroeder, on Monday for taking a new job at Russian oil producer Rosneft and said she did not intend to take any posts in industry once she leaves politics. The nomination of Social Democrat Schroeder to the board of Rosneft, subject to Western sanctions over Moscow’s role […]
Read moreA win for the Democrats in Congress next year may push U.S. President Donald Trump to resign rather than face a possible impeachment, says a political risk analyst. “If the Democrats win in 2018 as far as the House of Representatives, they can then actually publish the tax returns of the president,” John Raines, head […]
Read moreAt least one person was killed and another injured in Marseille on Monday when a car crashed into two bus shelters in different parts of the French city, police said. Police advised the public to avoid the Old Port area where the driver, a 35-year-old man, was arrested. “At the moment we have no information […]
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