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China Evergrande shares firm after chairman vows full construction, no fire sales

China Evergrande shares firm after chairman vows full construction, no fire sales

© Reuters. FILE PHOTO: A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton HONG KONG (Reuters) -Shares of China Evergrande Group jumped on Thursday after the chairman of the world’s most indebted property developer said it would…

‘No money left’: Lebanese telcos close to meltdown as cable thieves thrive

‘No money left’: Lebanese telcos close to meltdown as cable thieves thrive

3/3 © Reuters. People queue outside an Alfa telecommunications store in Beirut, Lebanon January 12, 2022. REUTERS/Mohamed Azakir 2/3 By Laila Bassam and Timour Azhari BEIRUT (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, rent and infrastructure. Now revenues have nosedived, and the…

Cryptocurrencies post record outflows in first week of 2022 -CoinShares

Cryptocurrencies post record outflows in first week of 2022 -CoinShares

© Reuters. FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report from digital asset manager CoinShares showed on Monday,…

Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated

Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated

© Reuters. Macron Doubles Down on Plan to ‘Piss Off’ the Unvaccinated (Bloomberg) — President Emmanuel Macron on Friday stood by the uncompromising stance and combative language he directed earlier this week at France’s unvaccinated citizens amid record numbers of new Covid-19 cases.  Macron in a Tuesday interview with Le Parisien used salty language — saying…