Category: NEWS

Meng Wanzhou: Huawei’s ‘Princess’ on the Rebound

As the daughter of the founder of Chinese telecoms giant Huawei, Meng Wanzhou was known internally as the “princess” of the company and its possible future leader, but for nearly three years, she’s been stuck in Canada fighting extradition to the United States.

Evergrande Founder Calls for Construction, Sales to Resume

The head of teetering Chinese developer Evergrande has urged staff to resume construction and sales to deliver properties, state media reported Thursday, as the firm battles to avoid a collapse that could send shockwaves through the world’s number two economy.

Bats with COVID-Like Viruses Found in Laos

Scientists have discovered another clue to the origins of the virus that causes Covid-19, with bats living in caves in Laos found to be carrying a similar pathogen that experts suggest could potentially infect humans directly.

Evergrande Agrees Deal to Avoid Default on Key Bond

Embattled Chinese property titan Evergrande said Wednesday it had agreed a deal with domestic bondholders that should allow the conglomerate to avoid missing one of its interest payments and avoid default, but its deeper debt burden remains.

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