3 days ago
Since September, the name Evergrande has caused panic on stock exchanges around the world. Paralysed by $300 billion in debt (€260 billion), or the equivalent of 2 percent of Chinese GDP, the country's second-largest real estate developer is now threatening Chinese growth. Evergrande has more than 1,300 construction projects across China, as well as financial products, electric cars, livestock, bottled water and even a football club.
Facebook began this week by announcing more than $9 billion in quarterly profits, an increase of about 17 percent. The social media giant also announced that it now has close to three billion users. But all is not well on the Facebook front as Mark Zuckerberg’s platform has been facing a deluge of scathing reports.
Hundreds of firefighters are battling the Windy Fire to protect several groves of giant sequoias in the United States. The fire has already charred 25,000 acres (10,000 hectares), and a number of separate fires are converging on the California woodland that is home to the huge trees.
A ten-metre-tall puppet which is part of Tokyo Olympics' cultural programme arrives in the capital from tsunami-hit Tohoku region. Mocco, an imaginary creature from the land of Japan's northeastern region, set off on the journey in mid-May, and staged a show in a park in downtown Tokyo. But due to Covid-19 measures, no spectators were allowed.
In Tokyo’s busy business area of Shinjuku, a giant 3D cat on a 4K billboard greets shoppers. Passers-by are flocking to photograph it, with many unable to believe how lifelike it is.
A Russian strongman on Tuesday (June 22) literally put his shoulder to the wheel and set a new record, spinning a giant Ferris wheel in the Moscow region's Natashinsky park.
Days before the French Open kicks off, a statue of Rafael Nadal is unveiled at Roland Garros.
A Turkish shoemaker has been making specially-designed shoes for star athletes with giant feet at his shoe shop in the Beyoglu district of Istanbul on Friday. Oncel Kalkan, who has been working in Istanbul for 41 years, designs dress shoes for athletes from all over the world, mostly NBA stars with big feet who struggle to find the right size.
Residents in Tanzania's Mtwara region still hold many traditional beliefs. Visitors may hear the story of "Grandpa Livembe," a giant snake that protects the village of Nanguruwe. But doubters beware!
In a small farming village in Cameroon, some special motorcycles are several meters long and carry men and goods to Bafoussam, the region's main city, located about 15 kilometres away.
On a small island surrounded by hundreds of wooden huts on stilts, in the middle of Lake Nokoue in southeast Benin, a giant painting is taking shape. French artist 'Saype' is busy transforming a playground in the floating village of Ganvie, the latest site in his "Beyond Walls" project, featuring interlaced hands.
A giant 400 metre-long portrait of Bangladesh's founding leader Sheikh Mujibur Rahman in a rice field is adding to the mania to honour the slain president as celebrations mark the country's independence 50 years ago. A private seed firm spent two months designing and planting purple and green rice over the 13 hectares (33 acres) of land to make the portrait of the father of current Prime Minister Sheikh Hasina.