Month: October 2021

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Evergrande faces fresh debt deadline as property market woes widen
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Evergrande faces fresh debt deadline as property market woes widen

Financial markets were braced for more bad news about the shaky Chinese property market as struggling giant Evergrande looked set to miss a fresh round of debt repayments worth $148m, and another developer pleaded for more time to repay what it owes. China Evergrande Group missed two coupon payment deadlines last month worth $131m amid widespread concern of huge...

Bolsonaro blocks free tampons and pads for disadvantaged women in Brazil
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Bolsonaro blocks free tampons and pads for disadvantaged women in Brazil

President Jair Bolsonaro’s decision to block a plan to distribute free sanitary pads and tampons to disadvantaged girls and women has been met with outrage in Brazil, where period poverty is estimated to keep one in four girls out of school. Bolsonaro vetoed part of a bill that would have given sanitary products at no charge to...

Asos chief Nick Beighton resigns as it warns over supply chain pressures
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Asos chief Nick Beighton resigns as it warns over supply chain pressures

Nick Beighton, the chief executive of Asos, is to step down with immediate effect as the online fashion retailer warned supply chain problems and rising costs would affect its profits. Asos said Beighton and the board had agreed it was “the right time” for him to go. It said after the departure of Beighton, who has...

China floods: bus falls into river as heavy rains destroy homes
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China floods: bus falls into river as heavy rains destroy homes

A bus has fallen into a river in northern China, leaving at least three people dead and 11 others missing after flooding from heavy rains destroyed homes and covered farmland in two provinces. Video posted online showed people on top of an almost submerged bus in a rushing river flowing over a nearby bridge outside the city of...

Police ‘feel more let down than anybody’ by Sarah Everard case, says minister
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Police ‘feel more let down than anybody’ by Sarah Everard case, says minister

The police feel “more let down than anybody” about the murder of Sarah Everard, Home Office minister Damian Hinds has said. Speaking to Times Radio, he said: “I think everybody is shaken by this terrible case. It is also really important to take a moment once again to pay tribute to all the men and women who serve in our policing service...

EU ‘close to the end of the road’ over Northern Ireland protocol
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EU ‘close to the end of the road’ over Northern Ireland protocol

The EU is close to the end of the road with the UK over the Northern Ireland protocol, accusing David Frost, the Brexit minister, of trying to undermine serious attempts to solve the problem, the Irish foreign minister has said. Simon Coveney said he had spoken to Lord Frost’s counterpart, the European Commission vice-president, Maroš Šefčovič, on Sunday. They...

Ban UK domestic flights and subsidise rail travel, urges transport charity
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Ban UK domestic flights and subsidise rail travel, urges transport charity

Domestic flights should be banned and long-distance train fares subsidised, transport campaigners have urged, highlighting the relative environmental and financial costs of air and rail travel. The Campaign for Better Transport (CBT) called on ministers to outlaw internal UK flights if an equivalent train journey took less than five hours and to resist calls for any cut...