Chinese language authorities have advised Evergrande’s billionaire founder to make use of his personal cash to pay down the corporate’s $300 billion debt, Bloomberg reviews

Beijing has instructed Evergrande’s founder, Hui Ka Yan, to pay the corporate’s debt utilizing his private funds, Bloomberg reported. Hui’s web value is about $7.6 billion, in response to Bloomberg Billionaire’s Index. Evergrande’s debt pile is $300 billion. Authorities in China have advised Evergrande’s billionaire founder, Hui Ka Yan, to make use of his personal … Read more

China authorities evacuate, investigate shaking skyscraper

Thousands of people in the SEG Plaza and surrounding areas fled after it wobbled on Tuesday. AP Photo BEIJING: Authorities in the southern Chinese tech center of Shenzhen have evacuated a 70-story skyscraper after it began swaying and are investigating the cause. Thousands of people in the SEG Plaza and surrounding areas fled after it … Read more

Covid is airborne, scientists say. Now authorities think so, too

GENEVA: A quiet revolution has permeated global health circles. Authorities have come to accept what many researchers have argued for over a year: The coronavirus can spread through the air. That new acceptance, by the World Health Organization and the US Centers for Disease Control and Prevention, comes with concrete implications: Scientists are calling for … Read more

Libya authorities free journalists detained after PM presser

[ad_1] CAIRO (AP) — Authorities in western Libya on Sunday released two local journalists who had been detained in the capital last week following a news conference with the prime minister. Libyan television journalist Ziyad al-Warfali and a video journalist disappeared after the conference with newly appointed Prime Minister Abdul Hamid Mohammed Dbeibah late Thursday. … Read more