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Search resuls for: "Leon Neal"


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British Prime Minister Liz Truss described herself as “a fighter and not a quitter” Wednesday as she faced down a hostile opposition and fury from her own Conservative Party over her botched economic plan. And within hours of Truss’ appearance in Parliament for a regular session titled Prime Minister’s Questions, she lost a senior member of her government. Truss faced another test in Parliament later Wednesday when lawmakers vote on a Labour Party motion seeking to ban fracking for shale gas — a policy that Truss recently approved. Conservative Party whips said the vote would be treated as “a confidence motion in the government,” meaning the government would fall if the motion passed, triggering an election. Some Conservative legislators believe Truss could be forced to resign if the party agrees on a successor.
A $227 million mansion for sale in London is owned by Evergrande founder Hui Ka Yan, the FT reported. The home was originally thought to be owned by Chinese billionaire Cheung Chung-kiu. Hui saw his net worth plummet as he fire-sold assets when Evergrande defaulted on $300 billion debt. Hui has seen his net worth shrink by 83% since July 2020, according to the Bloomberg Billionaires' Index, as shares in Evergrande disintegrated amid a $300 billion loan default at the company. The FT's investigation suggests the London home, which was purchased in January 2020 when Hui's net worth was around $31 billion, is the latest asset to be auctioned off by the embattled billionaire.
Grindr, the popular dating app used by millions of gay, bisexual, transgender and queer people, on Tuesday named a new CEO who is scheduled to take the company public this fall with an ambitious $2.1 billion valuation. Arison will take over on Oct. 19 as Grindr prepares to go public by merging with a special purpose acquisition company. The Grindr app logo on a mobile phone screen. The current deal to take Grindr public, which is set to take place later this year, was made public in May. In addition to announcing a new CEO, Grindr also announced Tuesday that it will bring on a new chief financial officer, Vanna Krantz.
Photographer: Bronte Wittpenn/Bloomberg via Getty ImagesIn 1989, a couple from Long Island, New York paid roughly $100 for an unclaimed storage unit. Actors Barbara Bach and Roger Moore, stars of the James Bond film "The Spy Who Loved Me," sit on the 1976 Lotus Esprit. But after they loaded the car onto a truck and set off for home, truckers contacted them via CB radio to let them know they were hauling a James Bond car, according to Redenius. National Motor Museum | Heritage Images | Getty ImagesMusk said he'd grown up watching the Bond movie. The 1976 Lotus Esprit, known as "Wet Nellie," that was used in the James Bond film "The Spy Who Loved Me."
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