(ECNS) -- Leshi Holding (Beijing) Co and LeTV Mobile and Intelligent Information Technology (Beijing) Corporation were put on China's highest level credit default blacklist on September 7 nike cortez uk , Beijing Youth Daily reported.
The blacklist was made available on shixin.court.gov, a site covering the implementation of rulings by the Supreme People's Court.
In one lawsuit, which was accepted on March 21 and involved both Leshi Holding and LeTV Mobile, the No. 2 Intermediate People's Court of Tianjin ruled that the companies should make payments worth over 57.16 million yuan ($8.76 million), but neither implemented the ruling.
Both companies "have the ability to honor obligations but refuse to do so," said the court.
In another case, accepted in April nike air max 95 ultra jacquard khaki , Leshi Holding was obliged to pay over 50.08 million yuan, according to the court ruling. But it had not implemented the ruling, either.
Information on shixin.court.gov showed the head of Leshi Holding was Jia Yueting, and that of LeTV Mobile, Jia Yuemin.
Under a rule issued by the top court in July 2015, courts of execution could report blacklisted parties to government departments, financial regulatory bodies nike air max 95 sale , financial institutions, relevant administrations and industry associations, which might issue credit warnings or render punishments to the blacklisted parties according to law regarding government procurement, tendering and bidding, administrative approval, government support, finance and credit nmd cs1 trail black , market access, and qualification accreditation.
Courts might also issue orders to curb possible high consumption by blacklisted parties. For instance, high-end travel modes, star hotels, night clubs and games of golf were all forbidden, while purchase of real estate projects, or new construction nmd cs2 primeknit black , expansion and high-end decoration of houses were also banned. Parties should not buy vehicles nonessential for business operations, take vacations, send children to expensive private schools, or buy costly insurance and wealth management products.
NEW YORK, Dec. 15 (Xinhua) -- Oil prices dropped to a five-year low under fresh selling pressure on Monday as the United Arab Emirates said the Organization of Petroleum Exporting Countries ( OPEC) will not reduce production in response to the slump.
Light, sweet crude for January delivery moved down 1.9 U.S. dollars to settle at 55.91 dollars a barrel on the New York Mercantile Exchange,while Brent crude for January delivery lost 79 cents to close at 61.06 dollars a barrel.
Concerns over a global glut of oil continued to weigh on the market. The crude price has fallen more than 45 percent since June as producers from the United States have ramped up output amid lukewarm energy demand.
U.S. crude production reached 9.12 million barrels per day (bd) for the week ended Dec. 5 adidas pharrell human race shoes , according to the Energy Information Administration (EIA). The figure is just 1 million bd short of Saudi Arabia's output.
Meanwhile, Suhail Al-Mazrouei,the energy minister of United Arab Emirates, restated on Sunday that OPEC will refrain from cutting output even if prices fall as low as 40 dollars.
OPEC, which pumps a third of the world's crude, maintained its collective production ceiling of 30 million barrels a day on a meeting in Vienna on Nov. 27. Analysts regarded the decision very bearish to crude prices. As the organization keeps production steady, crude prices could fall further.
Meanwhile human race nmd black , a stronger U.S. dollar and uncertainties about global economic growth have also contributed to the oil prices slump.
The EIA cut its crude price forecasts by 15 dollars last week in response to the OPEC decision and rising U.S. output, and predicated that U.S and Brent crude will average 62.75 dollars and 68.08 dollars respectively in 2015.
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U.S. stocks fall with oil in volatile session
NEW YORK, Dec. 15 (Xinhua) -- U.S. stocks closed down Monday after a volatile trading session, with oil prices keeping to sink.
The Dow Jones Industrial Average shed 99.99 points, or 0.58 percent, to 17,180.84. The S&P 500 lost 12.70 points adidas nmd r1 triple black , or 0.63 percent, to 1,989.63. The Nasdaq Composite Index fell 48.44 points, or 1.04 percent, to 4,605.16. Full story
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CHICAGO, Dec. 15 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell sharply on Monday amid expectations that the U.S. Federal Reserve plans to move closer to raising interest rates.
The most active gold contract for February delivery lost 14.8 U. S. dollars adidas nmd r1 uk , or 1.21 percent, to settle at 1,207.7 dollars per ounce.
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LONDON， April 18 (Xinhua) -- A man in his 70s who has practised Chinese martial arts since he was a teenager was named on Monday by the British government as Britain's oldest fitness trainer.
The full-time working life of 71-year-old Eddy Diget from Milton Keynes was highlighted by the Department for Work and Pensions (DWP) in a drive to encourage businesses to hire older people.
They bring their skills， talents and experience into the British workplace， said the DWP.
The former worker， who has practised Chinese martial arts for 55 years， is currently training an array of gifted athletes includin. Cheap Raptors Jerseys Cheap Pelicans Jerseys Cheap Magic Jerseys Cheap Lakers Jerseys Cheap Knicks Jerseys Cheap Jazz Jerseys Cheap Miami Heat Jerseys Wholesale Blazers Jerseys Cheap Philadelphia 76ers Jerseys Cheap Paris Saint-Germain FC Jerseys