Saturday , 7 February 2026

Recent Posts

Amazon joins Walmart in blaming Tesla’s solar panels for store fires

Bloomberg Walmart Inc isn’t the only corporation that has seen its Tesla Inc solar panels catch fire. Amazon.com Inc said a June 2018 blaze on the roof of one of its warehouses in Redlands, California, involved a solar panel system that Tesla’s SolarCity division had installed. The Seattle-based retail giant said by email that it has since taken steps to …

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South Africa seizes Air Tanzania jet

Bloomberg South Africa’s seizure of an Air Tanzania aircraft was linked to a land compensation claim that dates back to the 1980s, the East African nation’s government said. The case doesn’t involve the airline and is part of a wider dispute between Tanzania and Hermanus Steyn, a South African investor, Hassan Abbasi, a spokesman for the Tanzanian government, said in …

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Kraft Heinz would be third largest junk issuer if ratings cut

Bloomberg Kraft Heinz Co could end up as one of the biggest junk issuers if it doesn’t take its debt load by mid-2021. S&P Global Ratings said it could cut the packaged-food company to speculative-grade if it doesn’t boost earnings, pay down some of its more than $30 billion of long-term debt, or both. Roughly two-thirds of those borrowings currently …

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