Business / World Business

Boeing reports biggest-ever loss as 737 MAX grounding drags on 24 Jul 2019 - 08:26 pm

New York: Boeing reported its biggest loss ever Wednesday as the 737 MAX crisis drags on, and the company warned it could be...

IMF downgrades world growth, warns of 'precarious' 2020 23 Jul 2019 - 03:10 pm

Washington: Global trade tensions and continued uncertainty are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary...

China's Nasdaq' debuts; Asian markets sink as traders consider Fed rate cut 23 Jul 2019 - 12:10 am

Hong Kong: Asian markets were in retreat Monday on dimming hopes for a deep interest rate cut by the Federal Reserve, but all...

After #MeToo, US women seen reporting less workplace harassment 22 Jul 2019 - 09:03 pm

LONDON: From leering and unwanted touching to being asked for sexual favours, U.S. women say they suffer less sexual harassment in the workplace...

Sustainable oil, less smoke: Singapore student fights haze threat 22 Jul 2019 - 08:19 pm

SINGAPORE: Gauri Shukla, a 17-year-old high school student in Singapore, first witnessed a fire set to clear land for palm oil plantations while...

Power-short Zimbabwe removes barriers to solar energy expansion 22 Jul 2019 - 08:19 pm

BULAWAYO, Zimbabwe: Power-short Zimbabwe has removed import duties on solar-energy-related products, from batteries to cables, and mandated that all new construction in the...

Thai farmers on the cash trail with snail slime 21 Jul 2019 - 09:18 pm

Nakhon Nayok, Thailand: Giant snails inch across a plate of pumpkin and cucumber in central Thailand, an "organic" diet to tease the prized...

Opinion: Just say no to the new Nafta 21 Jul 2019 - 12:28 am

President Donald Trump claims he has "tremendous Democrat support” in the House for the accord he signed last year with Mexico and Canada...

The shell game: untangling Jeffrey Epstein’s offshore money web 20 Jul 2019 - 07:36 pm

One shell company, Plan D LLC, owns the Gulfstream G550. Another, Maple Inc., owns the Manhattan mansion. A third, Great St. Jim LLC,...

Africa's largest wind power project opens in northern Kenya 19 Jul 2019 - 10:28 pm

NAIROBI: Kenya unveiled Africa's largest wind power plant on Friday, a project aimed at reducing electricity costs and dependence on fossil fuels and...

Does renewables pioneer Germany risk running out of power? 19 Jul 2019 - 08:04 pm

FRANKFURT: Germany, a poster child for responsible energy, is renouncing nuclear and coal. The problem is, say many power producers and grid operators,...

Days after Manhattan went dark, Con Edison faces a heat wave 19 Jul 2019 - 05:50 pm

Consolidated Edison Inc. has been warning for days that New Yorkers may be on the verge of some isolated power failures. An upcoming...

Renault chief confident partnership with Nissan on track 18 Jul 2019 - 07:24 pm

BOULOGNE-BILLANCOURT, France: Renault's chairman expressed confidence Thursday that the French automaker's alliance with Nissan remains on track following the appointment of a new...

Amazon offers $10 to Prime Day shoppers who hand over their data 17 Jul 2019 - 07:29 pm

Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if...

Making sense of chaos? Algos scour social media for clues to crypto moves 17 Jul 2019 - 07:29 pm

LONDON: After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over...

Send in the troops: Congo raises the stakes on illegal mining 17 Jul 2019 - 06:51 pm

DAKAR: A Congolese army officer arrived in the village of Kafwaya in June and warned residents not to trespass on a major Chinese...

Nine companies to vie for Zambia copper mining giant 17 Jul 2019 - 06:51 pm

Lusaka: Nine companies have shown interest in taking over Zambia's largest copper miner, the mines minister said on Wednesday, adding that bids were...