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Business / Economics

‘Enough is enough’: With $300 billion in debt, court says it’s time to liquidate China’s Evergrande

Evergrande's Hong Kong-traded shares plunged more than 20% early on Monday before they were suspended from trading after a Hong Kong court ordered the world’s most heavily indebted real estate developer to undergo liquidation. The firm is the second biggest company in China's enormous property market, with $300 billion (€277 billion) owed to banks and bondholders. A court order for a liquidation process means that the company's assets will be […]

today21 February, 2024

Videos

Judge orders Trump to pay $355 million for lying about his wealth in staggering civil fraud ruling

A New York judge ordered Donald Trump on Friday to pay $355 million (€329.4 million) in penalties, finding that the former US president lied about his wealth for years in a sweeping civil fraud verdict that pierces his billionaire image but stops short of putting his real estate empire out of business. Judge Arthur Engoron’s decision after a trial in New York Attorney General Letitia James’ lawsuit punishes Trump, his […]

today21 February, 2024

Environment

Scientists study levels of toxic mercury in Antarctic mammals

Marine biologists collect skin samples from humpback whales and leopard seals in Antarctica to detect the presence of mercury in their bodies. The toxic heavy metal is believed to reach the ocean through rivers or rain. According to the UN environmental agency UNEP, if an animal consumes mercury, it may suffer "reproductive failure, behavioural changes and may even (die)."

today21 February, 2024

Videos

In seeking re-election, Ursula von der Leyen has one real rival: herself

The German politician is ready for another five years at the helm of the European Union's most powerful institution, from which she has shaped the bloc's policies in ways that would have been unimaginable when MEPs elected her in 2019 by a razor-thin margin. Her tenure kicked off amid a continent-wide movement of protests and strikes that thrust climate change to the very top of the agenda. It was therefore […]

today21 February, 2024

Science & Technology

NASA seeks volunteers for year-long mars simulation mission

Houston, get ready for a unique opportunity! NASA is on the lookout for volunteers to participate in a year-long simulation mission to Mars at the Johnson Space Center. Selected candidates will experience life in a three-D printed habitat, facing challenges such as spacewalks, crop growth, and technology failures.  

today21 February, 2024

Videos

Food security ‘vital part of national security’, Sunak tells farmers

Rishi Sunak has told farmers that food security is a vital part of national security as he set out support for the sector. Speaking at the National Farmers’ Union (NFU) annual conference, the Prime Minister outlined a doubling of the amount going to technology and innovation schemes such as robotics, roof-top solar and agricultural research, to £220 million, helping farmers to increase productivity. The money is part of the Government’s […]

today21 February, 2024