Either way, the saga has infected NMC’s lenders. The UAE’s biggest banks have so far fessed up to owning around $2 billion of the debt pile, with the latest disclosures made on Sunday. That means a significant portion of the remaining debt could still be on European bank balance sheets just as they face the enormous task of keeping lockdown-hit companies afloat with cheap loans. Belhoul’s hopes that Covid-19 can be his company’s saviour will be cold comfort to NMC’s creditors. (By Dasha Afanasieva) … [Read more...] about Breakingviews – Corona Capital: Luckin Coffee, NMC Health
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Keeping things clean is an important way to stop the spread of the virus; the CDC has recommended that we wash clothing "using the warmest appropriate water setting … and dry items completely." But the additional use of very hot water and electric dryers will increase energy consumption. … [Read more...] about Coronavirus: Can we still live sustainably?
Cricket challenge - Using a tennis ball, stand with your feet shoulder width apart two metres away from a wall throwing the ball against it and catching the rebound. See how many catches you can take in 30 seconds (see Ben's video attached … [Read more...] about Ben Stokes fitness and diet programme: Cricket legend’s seven-day workout schedule
In my childhood, this part of London wasn’t particularly one thing or the other; neither particularly posh nor poor, central but not that central, mixed by race and class and age, the kind of area that thrived precisely because it didn’t have a particularly clear identity. A couple of years after the organic supermarket opened, I saw a property advert on the tube that had created annoying alliterative couplets out of different London place names. Balham was “Bankers’ Balham”. I have rarely felt so ashamed. But I also know that none of this is at all important, in the scheme of things – that places change, and they should change, and getting a bit sentimental about the fact you can’t go home again is part of growing up. … [Read more...] about Gentrification X: how an academic argument became the people’s protest
Under the agreement, Vietnam will cut 65 percent of import tax on EU commodities right after the deal takes effect, while the rest will be erased over a 10-year period. Meanwhile, the EU will cut more than 70 percent of tariffs on Vietnam's commodities right after the deal takes effect, while the rest will be abolished in the seven subsequent years./. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 6