London CNN Business — Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in New Zealand’s biggest city. Houses were “flying out the door,” said Grant Sykes, a manager at real estate agency Barfoot & Thompson. “There were chin-dropping moments when agents stand around the room and are gobsmacked […]
Editor’s Note: Matthew Bossons is an editor and journalist based in Shanghai. He has lived in China since 2014. The views expressed in this commentary are his own. View more opinion on CNN. Shanghai CNN — In the lead-up to China’s Communist Party Congress last month, watercooler chatter in many offices here focused on a […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong CNN — China’s southern metropolis of Guangzhou has locked down a third district, as authorities rush to […]
New York CNN Business — “Top Gun: Maverick” was never going to be an easy sell. Sure, the film starred Tom Cruise — arguably one of Hollywood’s most iconic movie stars — and it would be the sequel to “Top Gun,” one of the biggest blockbusters of all time. But the original “Top Gun” was […]
London CNN Business — Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even more customers as Europe falls into a recession. The low-cost carrier posted its highest ever half-year profit on Monday, earning €1.37 billion ($1.36 billion) for the six months through September. That beat […]
Hong Kong/London CNN Business — German Chancellor Olaf Scholz will arrive in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. In a whirlwind one-day visit, Scholz is expected to meet with Chinese leader Xi Jinping and Premier Li Keqiang in Beijing. […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong CNN — It’s been little more than a week since Chinese leader Xi Jinping began his norm-breaking […]
CNN — Ugandan President Yoweri Museveni has declared an immediate three-week lockdown in two high risk districts as the country battles a rise in Ebola infections. All movement in and out of the Mubende and Kassanda districts will be halted, Museveni said in a televised address on Saturday – although cargo trucks will be allowed […]
CNN — A young woman stands on her balcony, crying out in desperation after her building was ordered into lockdown. Fighting back tears, she shouts abuse at the hazmat-suited workers below in a video that has recently gone viral on social media platform Weibo and which appears to encapsulate the Chinese public’s growing frustration with […]
Editor’s Note: Gad Levanon is the chief economist at the Burning Glass Institute. He’s the former head of The Conference Board’s Labor Market Institute. The opinions expressed in this commentary are his own. To many economists and analysts, the US economy has represented a paradox this year. On the one hand, GDP growth has slowed […]
