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Emergency power bid highlights SA s dysfunctional energy policy
biznews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznews.com Daily Mail and Mail on Sunday newspapers.
Australian academic Kylie Moore-Gilbert shares cheeky message after her divorce
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Here’s a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next
Lex Greensill’s business has unraveled at a blistering pace, leaving a tangled trail of destruction all around it.
On Monday, Greensill Capital filed for administration in the UK, capping a stunning collapse for its founder. The bank that he owns in Germany has been shut down by regulators, the funds he ran in partnership with Credit Suisse are being liquidated and his firm is in the process of being broken up with its core perhaps sold to Apollo-backed Athene Holding Ltd.
Greensill himself has lost his billionaire status, and the myriad strands tangled up in the collapse involve everything from investment funds to the steel industry to Britain’s healthcare system.
Dirtybird s Women In Music Digital Festival Features Mija, LOUISAHHH & So Many More
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President Vladimir Putin’s announcement in August that Russia had cleared the world’s first Covid-19 vaccine for use before it even completed safety trials sparked skepticism worldwide. Now he may reap diplomatic dividends as Russia basks in arguably its biggest scientific breakthrough since the Soviet era. Countries are lining up for supplies of Sputnik V after peer-reviewed results published in The Lancet medical journal this week showed the Russian vaccine protects against the deadly virus about as well as U.S. and European shots, and far more effectively than Chinese rivals. At least 20 countries have approved the inoculation for use, including European Union member-state Hungary, while key markets such as Brazil and India are close to authorising it. Now Russia is setting its sights on the prized EU market as the bloc struggles with its vaccination program amid supply shortages.