Tuesday , 10 February 2026

Recent Posts

H&M, Esprit ban threatens S African mohair industry

Bloomberg A ban on mohair by dozens of clothing retailers, including Hennes & Mauritz AB and Esprit Holdings, is threatening a $117 million industry in South Africa, the world’s biggest producer of the fibre. Almost 70 clothing companies worldwide have announced they’ll stop using mohair following the release this month of video footage from twelve Angora goat farms in South …

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Boeing’s sci-fi foldable wing design for new 777s gets go-ahead

Bloomberg US regulators have approved a Buck Rogers makeover of Boeing Co.’s revamped 777 jetliner that will allow the tips of its massive wings to fold upward after landing so the plane can park at existing airport gates. The new wings, the largest ever created by the Chicago-based planemaker, are taking shape as Boeing builds the first of its 777X …

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China’s CEFC defaults as Rosneft deal fails

Bloomberg As corporate defaults pile up in China’s onshore bond market, a unit of a once-promising energy conglomerate with $4.8 billion of debt and a checkered past said it won’t be able to meet its payment obligation on Monday. CEFC Shanghai International Group Ltd., a unit of the privately-held CEFC China Energy Co., failed to repay 2 billion yuan ($313 …

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