Business / World Business

Japan inks LNG deals with US, Oman in bid to secure fuel supply 27 Dec 2022 - 11:50 pm

Japan agreed to purchase more liquefied natural gas from the US and Oman in the latest move to secure fuel supplies and avoid...

UK retailers see 40% jump in Boxing Day shoppers 27 Dec 2022 - 06:12 pm

LONDON: UK retail destinations enjoyed an almost 40% rise in shopper numbers on Monday after the first Christmas in three years with without...

China-addicted luxury stocks cheer Beijing's looser COVID curbs 27 Dec 2022 - 05:18 pm

PARIS: Shares in global luxury goods groups, which rely heavily on Chinese shoppers, rose on Tuesday after Beijing further relaxed some COVID restrictions...

Elon Musk says around 100 Starlinks now active in Iran 26 Dec 2022 - 10:44 pm

SpaceX Chief Executive Elon Musk said on Monday that the company is now close to having 100 active Starlinks, the firm's satellite internet...

Bloomberg has no interest in acquiring Dow Jones or Washington Post, spokesman says 25 Dec 2022 - 07:59 pm

New York: Bloomberg LP has no interest in acquiring either Dow Jones or the Washington Post, a Bloomberg LP spokesman said in a...

Twitter restores suicide prevention feature after Reuters report 24 Dec 2022 - 06:15 pm

New York: Twitter Inc restored a feature that promoted suicide prevention hotlines and other safety resources to users looking up certain content, after...

Twitter probed in EU for pre-Musk data leak of 5.4 million users 24 Dec 2022 - 05:20 pm

Brussels: Elon Musk’s Twitter Inc. risks massive fines after its top privacy regulator in the European Union opened a probe into reports of...

Billionaire Adani to control nearly 65% of NDTV as founders sell stake 23 Dec 2022 - 07:12 pm

BENGALURU: Indian billionaire Gautam Adani will control 64.71% of New Delhi Television Ltd as the company's founders have decided to sell most of...

India to review rules on how it taxes foreign digital services 23 Dec 2022 - 05:23 pm

India will review rules to clarify how it will tax foreign companies that provide digital services such as internet advertising, online education, media...

Nestle CFO sees tough start to 2023 before inflation eases 23 Dec 2022 - 11:18 am

Nestle SA Chief Financial Officer Francois-Xavier Roger foresees a challenging six months before inflation starts to ease in the second half of 2023....

Amazon may be responsible for allowing Louboutin knock-off ads, says EU court 22 Dec 2022 - 11:51 pm

BRUSSELS: Online retailer Amazon.com may be deemed responsible for the advertising of counterfeit Christian Louboutin shoes which found its way to its platform,...

Nigeria central bank increases withdrawal limits aimed at curbing cash 22 Dec 2022 - 12:18 am

ABUJA: Nigeria's central bank on Wednesday substantially increased limits it had set on weekly cash withdrawals as part of an effort to curb...

Elon Musk is ‘not suited’ to run Twitter, says Tesla investor 22 Dec 2022 - 12:09 am

Elon Musk is "not suited” to run Twitter Inc. and should instead focus on repairing the damage his acquisition has done to Tesla...

HSBC wins top court fight over convicted billionaire’s Ponzi 21 Dec 2022 - 07:17 pm

HSBC Holdings Plc won a battle at the UK’s top court in a case over allegations it turned a "blind eye” to suspicious...

WTO backs Hong Kong in Trump-era ‘Made in China’ dispute with US 21 Dec 2022 - 06:43 pm

The World Trade Organization said the US violated international trade rules when it required Hong Kong’s products to be labeled as "Made in...

Embattled Philips says respirators 'within safety limits' 21 Dec 2022 - 03:14 pm

The Hague: Under-fire Dutch medical device maker Philips said Wednesday extensive testing on its recalled respirator devices showed they were "within safety limits"...

Justin Bieber slams H&M "trash" merchandise featuring his image 20 Dec 2022 - 10:15 pm

COPENHAGEN: Pop singer Justin Bieber lashed out at H&M over clothes featuring the Canadian artist's image and lyrics, saying the Swedish fashion retailer...