Showing 1 - 10 of 911
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.
Carbon 'capture' tech is booming, and confusing
AFP, Published on 04/07/2023
» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.
IMF and Pakistan reach $3 billion stand-by deal
AFP, Published on 30/06/2023
» ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.
UBS to cut 35,000 jobs after Credit Suisse rescue
AFP, Published on 28/06/2023
» GENEVA: Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
China censors top financial pundit over economy comments
AFP, Published on 27/06/2023
» BEIJING: A prominent Chinese financial journalist who has compared the country's economic problems to the Great Depression has been banned from social media.
Paris Air Show back with climate, defence in focus
AFP, Published on 19/06/2023
» PARIS - The Paris Air Show opens Monday after a four-year break with the aerospace industry bouncing back from the Covid-19 pandemic but under pressure to slash its carbon footprint.
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.
French credit rating under more pressure
AFP, Published on 02/06/2023
» PARIS: France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.
Taiwan, US to sign trade deal
AFP, Published on 01/06/2023
» TAIPEI: The United States and Taiwan will sign a trade deal on Thursday, Taipei said, in a move likely to stoke tensions between Beijing and Washington over the island.
Iconic New York discount luxury store reopens
AFP, Published on 17/05/2023
» NEW YORK: Forced to shutter during the Covid-19 pandemic, the discount luxury goods store Century21 reopened its flagship location in Manhattan on Tuesday, drawing elated crowds of bargain hunters back to the New York institution.