Showing 1 - 10 of 45
UK water crisis pollutes privatisation legacy
AFP, Published on 11/07/2023
» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.
A year after the Ukraine invasion, oil market much changed
AFP, Published on 09/03/2023
» HOUSTON: A year after Russia's invasion of Ukraine, the oil market has become more fragmented and uncertain, a dynamic expected to boost crude prices over the long term.
Tesla to invest about $5bn in Mexico plant
AFP, Published on 01/03/2023
» MEXICO CITY: American electric car maker Tesla will invest about US$5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.
After FTX collapse, cryptocurrency sector fights back
AFP, Published on 15/11/2022
» LONDON: The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector, pushing its main players to mobilise to save it.
Plastic recycling remains a myth, study finds
Business, AFP, Published on 25/10/2022
» WASHINGTON: Plastic recycling rates are declining even as production shoots up, according to a Greenpeace USA report that blasts industry claims of creating an efficient, circular economy as "fiction."
Chinese ride-hailing giant Didi hit with $1.2bn fine
AFP, Published on 21/07/2022
» BEIJING: China has fined ride-hailing giant Didi more than 8 billion yuan ($1.2 billion), regulators announced Thursday, concluding a year-long investigation into alleged data security violations.
China to fine ride-hailing giant Didi more than $1bn
AFP, Published on 20/07/2022
» BEIJING: China is preparing to hit ride-hailing giant Didi with a fine of more than US$1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.
Farnborough airshow opens amid heatwave
AFP, Published on 18/07/2022
» FARNBOROUGH: Global aviation's Farnborough airshow opens Monday amid a sweltering heatwave, with the sector aided by a modest recovery in air traffic and with Ukraine boosting defence budgets.
Japan's Kirin offloads Myanmar beer business over coup
AFP, Published on 30/06/2022
» Japanese drinks giant Kirin said Thursday it has agreed to a buyout of its shares in a Myanmar joint venture with a junta-linked conglomerate, completing its exit from the market over the 2021 coup.
Google's new California offices bank on in-person work
AFP, Published on 29/06/2022
» MOUNTAIN VIEW: Roofs coated with canopy-like solar panels and indoor spaces awash in sunlight: Google has bet big on in-person work with its sprawling new Silicon Valley offices.