Evergrande, EV unit shares jump after chairman signals business shift

HONG KONG (Reuters) – Shares in China Evergrande Group and its EV unit rose on Monday as the embattled property developer moved to prioritise growth of its nascent electric vehicles business over its troubled core real estate operations.FILE PHOTO: A traffic light is seen near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, […]

Analysis: What lies beneath? Hidden debt fears feed China's property woes

SHANGHAI/LONDON (Reuters) – Numbers don’t lie, you just need to be looking at the right ones.FILE PHOTO: A traffic light is seen near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File PhotoThat’s the problem for investors searching for the next trouble spot in the Chinese real estate […]

Colorado not a leader when it comes to adding six-figure jobs

Colorado and metro Denver have an above-average share of jobs paying $100,000 or more a year, but they lagged behind other areas when it came to adding more of those high-paying jobs the past five years, according to a new study from Tessa, a provider of rental property management software. Colorado went from having 181,830 […]

A Colorado chief judge is charged with felony menacing, removed from position

The chief judge for Colorado’s Fifth Judicial District was charged Saturday with felony menacing, according to court records. Judge Mark Thompson, 54, who presided over courts in Summit, Clear Creek, Eagle and Lake counties, was removed from his position as chief judge after the charge was filed Saturday, according to the Colorado Judicial Branch. Thompson […]

Royal Mail adds heft in Canadian freight with Rosenau purchase

(Reuters) – Royal Mail’s GLS parcel service is to buy Rosenau Transport for C$360 million ($287 million), as the British postal company strengthens its freight carrier services in Canada.FILE PHOTO: The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John […]