Disney to shut down Blue Sky Studios, animation studio behind ‘Ice Age’

Wednesday, February 10, 2021 Yesterday, US-based entertainment company Disney announced its plans to shut down Blue Sky Studios, the animation studio behind the Ice Age movie franchise. “Given the current economic realities, after much consideration and evaluation, we have made the difficult decision to close filmmaking operations at Blue Sky Studios”, Walt Disney Studios said […]

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Evergrande real estate firm makes missed September bond payment, avoids default

Saturday, October 23, 2021 China property giant Evergrande Group wired USD83.5 million in interest owed in an offshore bond from September 23 on Thursday, temporarily averting default, according to a Reuters source and Chinese newspaper Securities Times. The wire to a Citibank fiduciary account following a 30-day grace period came after assurances by various members […]

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