Showing 1 - 10 of 26
Maritime industry agrees on carbon-reduction target
AFP, Published on 07/07/2023
» LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.
UBS set for 'bumpy' integration of Credit Suisse
AFP, Published on 12/06/2023
» ZURICH - UBS is poised to complete on Monday its takeover of Credit Suisse, but integrating the former rival is a Herculean task that clients, employees and Swiss political leaders will closely watch.
UBS against the clock in Credit Suisse takeover talks
AFP, Published on 19/03/2023
» ZURICH - UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
China growth at two-year low over Covid, property woes
AFP, Published on 15/07/2022
» BEIJING: China logged its slowest economic growth since the initial Covid-19 outbreak, official data showed Friday, expanding just 0.4% in the second quarter with lockdowns and property market weakness nudging a government target further out of reach.
China growth slumps on virus lockdowns, real estate woes: poll
AFP, Published on 13/07/2022
» BEIJING: China's economic expansion slumped in the second quarter to levels not seen since early 2020, an AFP poll of analysts found, owing to painful Covid lockdowns and lingering weakness in the real estate sector.
Shanghai lockdown sees quarter of US firms cut investment plans
AFP, Published on 15/06/2022
» SHANGHAI: Shanghai's lengthy Covid-19 lockdown pushed a quarter of US firms in the city to cut investment plans and nearly all to drop revenue forecasts, a business group said Wednesday.
China premier issues warning on Covid-hit economy
AFP, Published on 26/05/2022
» BEIJING: China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return to normal as the country's zero-Covid strategy bites into growth.
China's April exports slump to lowest in two years as virus bites
AFP, Published on 09/05/2022
» BEIJING: China's export growth slumped in April to its lowest level in almost two years, customs data showed Monday, as a Covid resurgence shuttered factories, sparked transport curbs and caused congestion at key ports.
Oil prices slide on China fears; Twitter rises on Musk deal
AFP, Published on 26/04/2022
» NEW YORK: Oil prices tumbled Monday along with equities in Europe and Asia on worries over a worsening Covid-19 outbreak in China, while US stocks finished a volatile session higher as Elon Musk sealed a deal to acquire Twitter.
Why has a Chinese city's lockdown sent aluminium prices surging?
AFP, Published on 09/02/2022
» BEIJING - The Covid lockdown this week of a relatively unknown Chinese city sent global prices of aluminium rocketing to a 14-year high.