Showing 21 - 30 of 70
Federal Reserve convenes as virus puts US recovery on edge
AFP, Published on 26/07/2020
» WASHINGTON: The Federal Reserve meets next week amid mixed signals on the health of the US economy, with some sectors bouncing back from the coronavirus-caused downturn and others struggling.
Boeing 737 Max could take off Monday for commercial survival
AFP, Published on 29/06/2020
» NEW YORK: Boeing's 737 MAX plane could take its first test flight from Monday, a crucial step for the survival of the company's star model that has been grounded for 14 months.
Disney eyes July restart for California theme parks
AFP, Published on 11/06/2020
» LOS ANGELES: Disneyland in California announced plans Wednesday to reopen next month -- but at "significantly limited" capacity, and with no opportunities to hug Mickey Mouse or high-five Donald Duck for the time being.
'Bada... Bing... Bang'? HBO throws out rulebook with streaming launch
AFP, Published on 26/05/2020
» LOS ANGELES - Decades before glossy Netflix and Amazon shows began luring Hollywood A-listers to the small screen, cable network HBO helped invent premium television.
Little suspense as Fed meets with US economy in crisis
AFP, Published on 26/04/2020
» WASHINGTON: The Federal Reserve already cut its benchmark lending rate to zero and made unprecedented moves to bolster liquidity as the coronavirus slammed the US economy, so it is not expected to do much besides project confidence at its policy meeting this week.
US-China trade truce at risk as virus hits global economy
AFP, Published on 15/03/2020
» BEIJING: A hard-won trade war truce between the US and China is at risk as the coronavirus pandemic rocks the global economy, making it tough for Beijing to fulfil its commitments.
Mitsubishi Corp unit loses $320 million on unauthorised trades
AFP, Published on 20/09/2019
» TOKYO: Major Japanese trading house Mitsubishi Corp said Friday it was carrying out an investigation after its Singapore-based subsidiary lost $320 million because of unauthorised trades by an employee.
US business debt a 'moderate' economic risk: US Fed's Powell
AFP, Published on 21/05/2019
» WASHINGTON: The American private sector's mounting debts pose a "moderate" risk to the world's largest economy, Federal Reserve Chairman Jerome Powell said Monday.
Toyota annual net profit drops by a quarter
AFP, Published on 08/05/2019
» TOKYO: Japanese car giant Toyota said Wednesday its annual net profit fell by a quarter, despite record sales, blaming investment losses -- but it forecast an upturn in the year ahead.
Virgin Australia cuts staff deal with Brunei airline over sharia law
AFP, Published on 04/04/2019
» SYDNEY: The Australian arm of Richard Branson's Virgin Airlines has cancelled a staff travel agreement with Brunei's national carrier in response to the Asian nation's adoption of sharia law, including the death penalty for gay sex, the airline said Thursday.