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Business Maverick: Chinese property tycoon to sell stake as share sales ramp upThe billionaire owner of Country Garden Holdings Co is selling a stake in a unit to raise about $650-million amid a flurry of share sales by cash-strapped Chinese developers. Seems the Chinese economy is more bedraggled kitten than roaring tiger.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Oil rebounds as key pipeline remains shut and China eases curbsOil rebounded as a key North American pipeline remained shut and on the potential boost to demand from the easing of virus curbs in China.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: World Debt-GDP Ratio Plummets But Remains Above Pre-Covid LevelDebt as a share of gross domestic product plunged by the most in seven decades in 2021, but policymakers still face challenges because borrowing remains above pre-Covid-19 levels, the International Monetary Fund said.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Fake Meat Has a Real Problem. The Solution May Start With a PeaFake meat is in trouble. Sales of plant-based burgers are falling, investor largesse is waning and shares of the industry’s poster child, Beyond Meat Inc., have slumped. Good news in Afrika we keep it real we do not want fake anything. A Burger cannot be plant based. The veggie types must invent their own name. Don’t infringe on meat names I am not surprised. Vegans eat fresh foods usually, not processed ones.
Source: dailymaverick - 🏆 3. / 84 Read more »
European banks have loopholes to keep financing coal despite climate pledges, study finds | BusinessEuropean banks still have loopholes that would allow them to continue financing coal, despite signing up to climate alliances that target net-zero emissions, according to a study by nonprofit ShareAction. | News24_Business _Business _Business Stinks 😷. I dnt know how stupid we can get 🚮
Source: News24 - 🏆 4. / 80 Read more »