No Picture
Trading Ideas

Chinese authorities say Didi bears ‘unshirkable responsibility’ for passenger’s death

China’s police and transport ministry said on Sunday the country’s largest ride-hailing firm Didi Chuxing had “unshirkable responsibility” for a ride-sharing passenger being raped and killed by a driver in the eastern city of Wenzhou. The company met with both ministries in Beijing and the nearby port city of Tianjin and ordered to carry out a complete reform of its platform to ensure safety standards, the official Xinhua news agency reported. A Didi representative said the company felt deeply responsible and would complete by Sept 1 a new compliance operation to be inspected by the ministries and the …read more […]

No Picture
Trading Ideas

8 people, 6 of them kids, killed in Chicago apartment fire

Eight people, including six children, were killed when a fire broke out early Sunday at a Chicago apartment, officials say. Two other people were hospitalized in very critical condition, Chicago Fire Department spokesman Larry Merritt said. Officials have not released the ages of the victims, but fire Commissioner Jose Santiago told reporters that one of the children who was killed was an infant. …read more […]

No Picture
Trading Ideas

Big Oil’s Exit Turns Into Revival for Norway’s Aging North Sea

A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground. Two of the fields, Draugen and Valhall, have since fallen into the hands of smaller, local companies, and they’re now expected to keep producing well into the 2040s. The recovery in oil prices is certainly helping. …read more […]