Evergrande real estate firm makes missed September bond payment, avoids default

Saturday, October 23, 2021 China property giant Evergrande Group wired USD83.5 million in interest owed in an offshore bond from September 23 on Thursday, temporarily averting default, according to a Reuters source and Chinese newspaper The Securities Times. The wire to a Citibank fiduciary account following a 30-day grace period came after assurances by various […]

U.S. tariffs on Chinese solar panels to be contested

Saturday, October 3, 2009 The United States continues to implement new trade barriers; the most recent tariffs emerged on Wednesday, targeting solar panels imported from China. The new tariff is a result of a query submitted in December 2008 by GES USA, an American solar company. The resultant inquiry sought to clarify tariffs levied on […]

Authorities search home of owner of German Wikileaks domain

Wednesday, March 25, 2009 This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation. German authorities have searched the homes of Theodor Reppe, a 32-year-old student who owns the “wikileaks.de” domain. Reppe has homes in Dresden and Jena in Germany. Wikileaks describes […]

Bird Flu found in Africa

Wednesday, February 8, 2006 The H5N1 Avian Flu virus, also known as Bird Flu, has been found in Nigeria by Italian scientists. Tests done on samples in a laboratory confirm that the strain is the one that can kill people, although no human cases have been reported said the Paris-based United Nations body. This is […]

Tax Preparation

Click Here For More Specific Information On: Accounting Firms Brisbane Submitted by: Carterlp Carroll Business audits are on the rise as the treasury needs every penny of unpaid employment taxes it’s owed. While some companies deliberately misclassify their workers in order to escape offering health insurance and 401K plans to their employees, some business owners […]

Buffalo, N.Y. hotel proposal threatened by possible lawsuit

Thursday, March 16, 2006 Buffalo, New York — The property at 605 Forest in Buffalo was the center of attention at last night’s public meeting held at the offices of Forever Elmwood on Elmwood Avenue in Buffalo. Eva Hassett, Vice President of Savarino Construction Services Corporation, confirmed last night that the company will be seeking […]

GM and Chrysler receive Canadian loans amid US restructuring ultimata

Friday, April 3, 2009 General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves. “This is a regrettable but necessary step to protect the Canadian economy. We […]