Peter Hoskins Business reporter, BBC News Getty Images Before its debt crisis, Evergrande was building a new stadium for its football team, Guangzhou FC What does Evergrande do? Evergrande, formerly known as the Hengda Group, was founded by Mr Hui in 1996 in Guangzhou, southern China. At the time of its collapse, Evergrande had some 1,300 projects under development in …
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Chinese property giant to be delisted after spectacular fall
Peter Hoskins Business reporter, BBC News AFP via Getty Images Evergrande was once China’s biggest property developer Chinese property giant Evergrande’s shares will be taken off the Hong Kong stock market on Monday after more than a decade and a half of trading. It marks a grim milestone for what was once China’s biggest real estate firm, with a stock …
Read More »Giant Chunks of The Seafloor Are Mysteriously Upside Down, Scientists Find : ScienceAlert
Deep beneath the waves of the North Sea, the seafloor is behaving in an unexpected way. There, scientists have discovered hundreds of vast sand mounds, some on the scale of several kilometers across, that, according to a release from the University of Manchester in the UK, “defy fundamental geological principles”. These mounds pile atop structures known as sinkites, the result …
Read More »Trump says U.S. government taking a 10% stake in tech giant Intel
President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with reporters on Friday, Mr. Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan — which came days after the president called for Tan to resign over his past ties to China. “I …
Read More »This Deadly Velociraptor Cousin Brandished Giant Razors For Its Thumbs : ScienceAlert
Velociraptor has a new cousin, which may have been even more deadly. The new species has been named Shri rapax, and unlike its famous relative it appears to have brandished killer claws on its oversized hands. The movies may have vastly exaggerated Velociraptor‘s size – it was closer to a turkey than a human – but one thing they did …
Read More »Big 4 Giant PwC Is Cutting Entry-Level Hiring Over Next 3 Years
Landing a job at PwC straight out of college just got tougher. The Big Four firm told Business Insider it was “decreasing our campus hiring goals,” after we obtained part of an internal presentation saying it plans to cut entry-level hiring in the US by almost a third over the next three years. The company did not comment on specific …
Read More »A Giant Wyeth Mural Comes Out of the Vault, Bearing Family Stories – The New York Times
A Giant Wyeth Mural Comes Out of the Vault, Bearing Family Stories The New York Times Source link
Read More »Fast-food giant Jollibee blames fraudsters for raffle row
The Philippines’ beloved fast-food chain Jollibee said fraudsters rigged the results of its online raffle, following complaints from customers and a brief government investigation. Jollibee said “fraudulent third parties” placed multiple entries “despite existing safeguards” for a chance to win food items and concert tickets. The company said it complied with the government investigation and that the situation had been …
Read More »Lake Superior rocks reveal build up to giant collision that formed supercontinent Rodinia
Around 1.1 billion years ago, the oldest and most tectonically stable part of North America — called Laurentia — was rapidly heading south toward the equator. Laurentia eventually slammed into Earth’s other landmasses during the Grenville orogeny to form the supercontinent Rodinia. Laurentia’s path during that period is known, thanks to paleomagnetism. By tracing the orientation and magnetism of rocks …
Read More »Giant Dinosaurs Would Have Chomped You Up in Very Different Ways : ScienceAlert
Analysis of 18 different carnivorous dinosaur species’ skulls has revealed that not all chompers chewed the same. While Tyrannosaurus rex‘s skull is suited to the high-power crushing motion still favored by crocodiles, other predators of its ilk, like Allosaurus, had weaker jaws that would have slashed or torn the flesh of their prey, in a feeding style more similar to …
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