Of the countrys Statistics Bureau made a stark warning about the number of Vacant Properties in the country. He said chinas massive population of 1. 4 billion people was not enough to fill the number of empty apartments across the country. Our Asia Business reporter Monica Miller explains. Debt restructuring plans fell apart over the weekend which has led to a massive sell off this morning. We are seeing here in asia, about 24 . This was an unexpected development. The embattled developer said that later on sunday it was unable to issue new debt due to the Ongoing Investigation into one of its domestic subsidiaries. Now this company has been plagued with trying to figure of how to pay off its debt with onshore as well as Offshore Companies and investors. You know, it slumped since 2021 when evergrande defaulted initially on its debt obligations. That was following a clampdown from the government on new borrowing. Multiple homes have been purchased by speculators in this market. That hap
Im lucy, welcome. Hollywood Studio Bosses and the Union Representing writers have reached a tentative deal. Writers have been on strike since early may. The 15,000 plus members still have to vote to ratify the deal. In a statement, the Writers Guild of america said we can say, with great pride, that this deal is exceptional with meaningful gains and protections for writers in every sector of the membership. Actors, though, are Still Holding industrial action. They have been on strike sincejuly. Both strikes have hit the Entertainment Industry hard. Cbs correspondent Wendy Gilette told me what this deal means. This tentative deal between the Writers Guild union and Hollywood Studios is a three year contract. Not many other details have been released just yet. If its approved by the unions 11,000 members, talk shows could get back to work within days. The Writers Guild is calling the agreement exceptional with meaningful gains and protections for writers in every sector of the membership
highlighting $57 billion and companies around net zero than ever before. joining me now is dr christine gulbranson, founder and ceo, of nova global ventures a technology fund. dr gulbranson is at the summit bringing together future climate innovators with investors. why has been a fall in global funding green tech companies? there has been a fall globally with all sectors. an overall investment fall. but i think it is starting to pick up again. iam not pick up again. i am not sure if you are having sound issues they are, but we will dry and keep going. what does this fall in investment mean for green tech companies, for those trying to innovate, for entrepreneurs in the sustainability sector? it is the best time to keep going. and you have to innovate. and the world will catch up. the investments will increase. we are having sound issues. apologies for that. thank you for being with us. to markets now with the price of gold and bitcoin both raising eyebrows for the week ahe
launched by summit president sultan al jaber, saying they clearly fall short of what is required. countries and oil companies at the un climate talks have promised to make major progress in tackling global warming in a large new energy pledge. around 100 countries promised to treble world renewable energy use by 2030. but guterres points out the agreement says nothing about eliminating emissions from fossil fuel consumption. let s fill you in more detail in the comments by the chair of cop28, the sultan al jaber, as my colleague explains. he is the cop28 president, sultan al jaber. it is also the president of the abra diary national oil company. but it has been controversial. greta thunberg the climate campaign according completely ridiculous, than the british but the british government has defended him. one of the key architects of the 2015 paris agreement has also defended his appointment saying that he and his team are uniquely placed to persuade the fossilfuel pe