Tag: GCC

Evergrande Chairman Detained as Chinese Property Crisis Worsens

Evergrande Chairman Detained as Chinese Property Crisis Worsens

The woes began back in 2021 when Evergrande defaulted on its debt, triggering a cascading crisis that continues to reverberate ...

Looming US Govt Shutdown & Bitter Political Divide Threatens Economy

Looming US Govt Shutdown & Bitter Political Divide Threatens Economy

The US government shutdown has major implications for various aspects of public services, the economy, and the livelihoods of Americans ...

Amazon to Invest $4 Billion in AI Startup Anthropic

Amazon to Invest $4 Billion in AI Startup Anthropic

Anthropic was founded by a group of former OpenAI employees, led by Dario Amodei after differences emerged in the direction ...

Evergrande’s Debt Struggles Shake China’s Property Stocks

Evergrande’s Debt Struggles Shake China’s Property Stocks

Evergrande Group requires approval from 75% of the holders or more of each debt class to approve of the plan ...

The US Entertainment Industry Strike Nears End as Writers and Studios Reach Deal

The US Entertainment Industry Strike Nears End as Writers and Studios Reach Deal 

The strike, which commenced on May 2 of this year, pitted screenwriters against major studios, including industry behemoths like Disney ...

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