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China Cinda Asset offers about $1 billion liquidity support to Peking Founder: sources
BEIJING/SHANGHAI (Reuters) – China Cinda Asset Management Group <1359.HK> recently offered 8 billion yuan ($1.14 billion) worth of short-term liquidity support to Peking University Founder Group, two people with direct knowledge of the matter said on Wednesday. The funds were provided last week, one of them said. The liquidity support comes at a time when […]
BBC Weather: Temperatures soar as freak heat blasts Europe before ‘intense thunderstorms’
Temperatures will be as high as 19 degrees in Rome and 18 in Madrid, according to BBC meteorologist Chris Fawkes. The weather presenter lay the blame at the warm front across the Atlantic which was seen as a curl of cloud on a satellite picture. He explained that the warm front is forecast to “push […]
Egypt train driver 'not at controls' during deadly crash: Prosecution
CAIRO (AFP) – The driver of a speeding Egyptian train and his assistant had both left the driver’s cabin when it crashed into another train last month, the prosecution service alleged on Sunday (April 11). The prosecutor also alleged that the assistant of the other train, which was stationary, and a track signalman were under […]