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19879 articles published since 08 Mar 2022

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Chinese developer Shimao misses $1 bn bond payment
Chinese developer Shimao misses $1 bn bond payment
Business and Economy

Chinese developer Shimao Group said it has failed to make payment on a $1 billion bond that matured Sunday, one of the biggest such defaults so far this year in the country's troubled property sector. It was China's 14th biggest developer by contracted sales last year, according to Bloomberg News.

Saudi welcomes 1 million for biggest hajj pilgrimage since pandemic
Saudi welcomes 1 million for biggest hajj pilgrimage since pandemic
World

White-robed worshippers from across the world have packed the streets of Mecca as Islam's holiest city prepares to host the biggest hajj pilgrimage since the coronavirus pandemic. Since the start of the pandemic, Saudi Arabia has registered more than 795,000 coronavirus cases, 9,000 of them fatal, in a population of about 34 million.

Thousands evacuate from 'dangerous' Sydney floods
Thousands evacuate from 'dangerous' Sydney floods
World

Rapidly rising rivers swamped swathes of rain-lashed Sydney on Monday, forcing thousands to flee "dangerous" floods as the city's largest dam spilled torrents of water. The huge concrete dam lies on the western outskirts of Sydney and provides most of the city's drinking water.

'Colossal' work ahead, as Ukraine recovery meet to open in Lugano
'Colossal' work ahead, as Ukraine recovery meet to open in Lugano
World

Leaders from dozens of countries, international organisations and the private sector gathered in Switzerland Monday to hash out a "Marshall Plan" to rebuild war-ravaged Ukraine. - 'Marshall Plan' - Questions have been raised about the value in discussing reconstruction when there is no end in sight to the war.

In Cuba: sleeping fully clothed in case of building collapse
In Cuba: sleeping fully clothed in case of building collapse
World

"When we go to sleep, it is with the fear of not waking up again," says Elisa Bacyan, resident in one of about 700 apartment buildings deemed unsafe in the Cuban capital, where collapses are frequent. The six-story building belongs to the Cuban State, like most others on the communist island.

Thousands ordered to evacuate from Sydney floods
Thousands ordered to evacuate from Sydney floods
World

Australia's emergency services ordered thousands of people in Sydney to evacuate Monday as overflowing rivers swamped swathes of land and the city's largest dam spilled torrents of water. About 32,000 people were under evacuation orders or warnings in New South Wales, said Ashley Sullivan, senior official for the State Emergency Services.

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