Ex-Cearlor of China’s property titan, now a cautionary tale in debt and collapse
Airlines and credit-card brands are introducing grab-and-go lounges to ease congestion in premium spaces, while traditional lounges tighten access, issuing fewer passes and shorter stays. New, compact lounges aim to move travelers quickly through hubs without sacrificing convenience.
Hui Ka Yan, founder of Evergrande, is sentenced to life in prison for large‑scale fraud. The court fines Evergrande Group and Evergrande Real Estate heavily as part of penalties after years of collapse that sparked a broader property downturn in China.