Evergrande real estate firm makes missed September bond payment, avoids default

Saturday, October 23, 2021 China property giant Evergrande Group wired USD83.5 million in interest owed in an offshore bond from September 23 on Thursday, temporarily averting default, according to a Reuters source and Chinese newspaper Securities Times. The wire to a Citibank fiduciary account following a 30-day grace period came after assurances by various members of the Chinese government,...
Posted in Uncategorized

The Raveonettes on love, death, desire and war

Tuesday, October 16, 2007 "We're only two days in and we're already fucking tired," says Sune Rose Wagner to David Shankbone as he walks into the dressing room at the Bowery Ballroom. Wagner and Sharin Foo comprise the Raveonettes, a group made for "nostalgists who long for Everly Brothers 45's and diner jukeboxes, the Raveonettes tweak "American Graffiti"-era rock with fuzzed-out surf-guitar...
Posted in Uncategorized

Mary Barra appointed as General Motors chief

Tuesday, December 10, 2013 The United States's largest car manufacturer General Motors today named Mary Barra as its new chief executive. Barra, 51, will be the first woman to lead a firm in the American auto industry. She has been with General Motors for 33 years, and is currently the global head of product development. She said in a statement: "With an amazing portfolio of cars and trucks and...
Posted in Uncategorized