Showing 61 - 70 of 170
EU, Britain attempt breakthrough in Brexit talks
AFP, Published on 06/12/2020
» BRUSSELS: The EU and Britain's chief Brexit negotiators will make a last-ditch bid to break months of deadlock on Sunday, as trade talks limp back to Brussels, surviving on borrowed time.
WTO aiming to net fishing deal
AFP, Published on 23/11/2020
» GENEVA: Negotiations on banning billions of dollars in fisheries subsidies are coming to the crunch at the beleaguered World Trade Organization, with the deadline to net a deal fast approaching.
US airlines to end year with 90,000 fewer workers
AFP, Published on 13/11/2020
» NEW YORK: Hit with a collapse of demand, US airlines will end the year with the lowest number of workers since at least 1987, 90,000 fewer than when Covid-19 hit, an industry federation said Thursday.
Equities rally after Biden is declared winner of US vote
AFP, Published on 09/11/2020
» HONG KONG: Global stocks rallied with oil and high-yielding currencies Monday after Joe Biden was declared winner of the US election at the weekend, lifting a major source of uncertainty, while traders are hoping lawmakers will now focus on passing a new stimulus for the world's biggest economy.
Dutch government backs KLM bailout after pilots agree to pay cut
AFP, Published on 04/11/2020
» THE HAGUE: The Dutch government on Tuesday approved a multi-billion-euro coronavirus bailout for struggling airline KLM after pilots agreed a five-year pay cut deal.
Big week for Big Tech as earnings, hearings loom
AFP, Published on 25/10/2020
» SAN FRANCISCO - Big Tech is bracing for a tumultuous week marked by quarterly results likely to show resilience despite the pandemic, and fresh attacks from lawmakers ahead of the Nov 3 election.
Cathay Pacific to close Cathay Dragon subsidiary, slash workforce
AFP, Published on 21/10/2020
» HONG KONG: Cathay Pacific is to slash up to 5,900 jobs and shutter its Cathay Dragon subsidiary, the Hong Kong carrier said Wednesday, joining a growing list of airlines making swingeing cuts as they reel from the coronavirus pandemic.
Damage from Trump's trade wars won't heal quickly: analysts
AFP, Published on 19/10/2020
» PARIS: After four years in office, Donald Trump has failed to achieve his promise to eliminate the US trade deficit, and dealt a lasting blow to the multilateral economic system that global trade is based upon, analysts say.
Lawmakers slam Big Tech 'monopolies' in new report
AFP, Published on 07/10/2020
» WASHINGTON: A House of Representatives panel said in a report Tuesday that four Big Tech firms are "monopolies" which abuse their market dominance and called for sweeping changes to antitrust laws and enforcement, which could potentially lead to breakups of the giant firms.
Australian bank to pay record fine for money laundering
AFP, Published on 24/09/2020
» SYDNEY: Australia's Westpac bank has agreed to pay a record A$1.3 billion (US$923 million) fine for more than 23 million breaches of money-laundering laws, the bank and regulators announced on Thursday.