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Posted on January 19, 2024

Aviator restored plane with hopes of using it as a training tool. Theft torched his dream

A Torrance aviator pledged to donate an aircraft, additional parts and tools to a nonprofit organization in his native Nepal. They were all stolen and burned.

( read original story …)



Posted on January 19, 2024

Saudi Arabia Emerges as Key Investor in Electric Racing Leagues

Saudi Arabia has pumped tens of millions of dollars into electric racing leagues — backing tournaments for cars, SUVs and boats — as part of its push to build media influence and green credentials.

( read original story …)



Posted on January 19, 2024

Insurer Not Obligated to Cover Property Damaged by Vultures

Mitchellville Plaza Bar LP failed to convince a federal appeals court to reverse a judgment granted to its insurer on claims it was wrongfully denied coverage for commercial property damage caused by …

( read original story …)



Posted on January 19, 2024

Turkey’s strong house price growth is just an illusion

Residential property demand continues to weaken in Turkey, with the total number of home sales falling by 14.9% to 1.09 million units in the first eleven months of 2023 as compared to the same period …

( read original story …)



Posted on January 19, 2024

Pakistan, Iran Ease Tensions After Tit-for-Tat Missile Strikes

Pakistan and Iran said they’re aiming to defuse tensions, amid calls for restraint from the US and China after the neighboring nations exchanged missile strikes.Most Read from BloombergPutin Orders …

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Posted on January 19, 2024

Timeline of cross-border hostilities between Pakistan and Iran over the last decade

In less than 48 hours, Pakistan responded by launching an attack into Iran’s Sistan-o-Baluchistan province. According to a statement from the Foreign Office spokesperson, “Pakistan’s armed forces …

( read original story …)



Posted on January 19, 2024

Pakistan, Iran Officials Move to Ease Tensions After Strikes

Pakistan and Iran’s officials expressed resolve to ease tensions, a day after retaliatory military strikes by Islamabad escalated tensions with Tehran.Most Read from BloombergYouTube and Spotify Won’t …

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Posted on January 19, 2024

Cartier-owner Richemont’s earnings may show the bright spot that luxury companies have been waiting for—demand from Chinese shoppers

China’s lackluster economic recovery following the peak of the COVID-19 pandemic, caused in part by of a property market crisis that roiled … a 25% sales growth in mainland China, Hong Kong and …

( read original story …)



Posted on January 19, 2024

Guangdong Customs seizes 2.2 million suspected goods in joint operation

Customs officers from Guangdong province seized over 2.2 million suspected infringing goods and items from 2,825 batches in three special operations in cooperation with their counterparts from the …

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Posted on January 19, 2024

China’s Economic Slump Deprives Xi of Key Weapon Against Taiwan

Taiwanese’s plummeting investment in China, at a 21-year-low, reflects the shifting geopolitical realities blunting one of Beijing’s favorite weapons.

( read original story …)



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