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Russian automaker Sollers is under fire over reports that its cars are breaking down along the war front.One former top official complained of a gearshift lever falling off, constant leaks, and engine problems.In response on Thursday, Sollers blamed Western sanctions for forcing it to switch suppliers quickly. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the…

World’s second-largest economy grows 4.6 percent in third quarter amid weak consumer demand and property woes.China’s economy slowed in the third quarter, growing at the slowest pace in a year and a half, according to government figures. The world’s second-largest economy grew 4.6 percent year on year in the July-September period, China’s National Bureau of Statistics said on Friday, compared with a 4.7 percent expansion in the previous quarter. The figure was the weakest performance since early 2023, when China was emerging from ultra-strict “zero-COVID” pandemic restrictions. “Generally speaking, the national economy was generally stable with steady progress in the…

Minka Kelly is parting ways with her longtime Los Angeles residence … the actress has officially sold her 2-bedroom bungalow, TMZ has learned. Real estate sources tell TMZ … the “Friday Night Lights” star offloaded her Laurel Canyon bungalow for a notable $1.34 million Wednesday … after first listing the property over the summer for $1.495 million. Despite the cut in price, Minka is still walking away with a decent profit … as she first picked up the 2-bedroom, 2.5-bathroom pad for just over $900K back in 2014. So, we’re sure it was a bittersweet sale for Minka, who has…

Have no doubt — Zillow is on the side of Clear Cooperation. That’s the message Zillow CEO Jeremy Wacksman delivered on the latest episode of real estate strategist Mike DelPrete’s Context podcast, where the two thought leaders talked about Zillow’s evolving Housing Super App and raising consumer awareness about Zillow’s mortgage and rental businesses alongside the industry’s latest hot-button topic. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join…

China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week focused on reviewing the first half performance of the world’s second-largest economy.Str | Afp | Getty ImagesChina’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters.That’s less than the second-quarter growth of 4.7% year on year. On a quarterly basis, the third quarter saw 0.9% expansion, compared to 0.7% in the second quarter.”The national economy showed positive signs of…

Getty ImagesThe White Party hosted annually by Sean “Diddy” Combs helped expand his influence in the entertainment industry There was a time when an invitation to a party hosted by Sean “Diddy” Combs was one of the most sought-after tickets in the entertainment industry.With guest lists that included Justin Bieber, Mariah Carey, Paris Hilton and Jennifer Lopez, it was a chance to rub shoulders with some of the biggest celebrities. Jay-Z and Beyonce even released new music at his events.“When Diddy winked at you and said come into the VIP section, you knew you were going to have a really…

As the world continues to mourn the death of Liam Payne, those who knew him best are sharing their pain.  This includes his One Direction brothers. Louis Tomlinson expressed his grief in a touching tribute that reflected on their bond as band mates. A bond that wasn’t always so easy, but ultimately endured. And he included a promise to look after Liam’s young son as an “uncle” in his absence. Liam Payne and Louis Tomlinson from One Direction with their British Artist Video of the Year award on stage at the BRIT Awards 2016 at The O2 Arena on February 24,…

The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA). The report detailed FHLBanks’ activity across several programs that include the Affordable Housing Program (AHP), the Community Investment Program (CIP), the Community Investment Cash Advance Program (CICA) and other “voluntary targeted mission-activity programs,” according to the FHFA. FHFA Director Sandra Thompson lauded the development in a statement accompanying the report. “The Federal Home Loan Banks assisted close to 65,000 low- or moderate-income households and supported more than 400…

Intel is looking for an investor to acquire a stake in its Altera subsidiary, CNBC reported.The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion.Intel is facing challenges in its business at a time when the US is seeking to revitalize its chip industry. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe”…

Maduro government announces detention of five foreigners, including three US citizens, amid post-election crackdown.The administration of Venezuelan President Nicolas Maduro has announced the arrest of five foreigners suspected of antigovernment activity, as part of an ongoing crackdown after the country’s contested presidential election. Interior Minister Diosdado Cabello said on Thursday that three people from the United States, one from Bolivia and one from Peru had been detained for alleged “terror” activities, without offering details. “The detained foreigners speak Spanish perfectly, a necessary requirement for them to involve themselves in communities,” Cabello said on state television, adding that one of those…