Investors get nervous as Evergrande misses another bond payment despite $1.5bn debt deal September 30, 2021 At least some of China Evergrande’s offshore bondholders had not received a due coupon payment by the close of Asia business yesterday, sources said, although the cash-strapped developer reached a $1.5bn deal to settle debt with a Chinese bank. Watch the full report.
Watch as Rolls-Royce plans to launch its first electric vehicle called ‘Spectre’ September 30, 2021 Luxury car maker Rolls-Royce says it will go all-electric by 2030, with its first EV, the “Spectre”, on the market in 2023. Watch the full report.
Exclusive: Freight Right CEO on worsening vessel congestion in America’s busiest container port September 29, 2021 To highlight the global state of the current supply chain, City A.M. caught up with Freight Right CEO Robert Khachatryan. Khachatryan offered to provide a visual representation of the current problem, and explained the issues that his firm, and many other freight companies, are currently facing. Watch the full report.
Watch as 90 per cent of gas stations across England run dry due to panic buying September 27, 2021 90 per cent of British fuel stations ran dry across major English cities today after panic buying deepened a supply chain crisis, according to Reuters. Watch the full report.
Watch as London drivers feel the pinch with gas stations running dry September 27, 2021 Lengthy queues of vehicles snaked their way to gas stations in London this weekend where an acute shortage of truck drivers has led to fuel rationing and some pumps running dry, and prompted the government to consider issuing temporary work visas. Watch the full report.
Twitter jumps on crypto bandwagon as it rolls out Bitcoin tipping functionality September 24, 2021 Twitter will now allow people to tip their favourite content creators with bitcoin and it will test new ways to help users have a safer experience on the social media app, the company said last night. Watch the full report.
Watch as Boris Johnson tells the world to ‘grow up’ September 23, 2021 Prime Minister Boris Johnson pushed the world to “grow up” and tackle climate change during his annual United Nations address to world leaders last night. Watch the full report.
Evergrande shares nosedive as fears of a messy default mount September 20, 2021 Shares in ailing Chinese property developer Evergrande plummeted to 11-year lows today as fears of a messy default mounted. Watch the full report.
Researchers study bats in remote part of Cambodia in search for Covid-19 origin September 20, 2021 Researchers are collecting samples from bats in northern Cambodia in a bid to understand the coronavirus pandemic, returning to a region where a very similar virus was found in the animals a decade ago. Watch the full report.
France cancels defence meeting with UK as submarine row widens September 20, 2021 France has cancelled a meeting between Armed Forces Minister Florence Parly and her British counterpart planned for this week after Australia scrapped a submarine order with Paris. Watch the full report.