Tag: laughter

Posts with tag: laughter

Latest Posts

Rivian Opens Up Van Sales to All Fleets After Breaking Amazon Exclusivity

Electric vehicle maker Rivian opens sales of its delivery vans to all fleet sizes in the US, aiming to capitalize on demand beyond its exclusive deal with Amazon.

Hong Kong Property Crisis Bites Banks as Realized Losses Mount

Hong Kong banks face mounting losses on distressed property sales amid a real estate slump. Commercial property values have plummeted over 40% since 2018, eroding collateral backing loans. Lenders reluctant to sell assets at a loss are now forced to unload them below loan values, crystallizing losses. Despite strong capital buffers, banks face pressure on commercial real estate portfolios as defaults rise due to cash flow difficulties.