Showing 1 - 10 of 16
Millions of Australian vines ripped up amid wine glut
Reuters, Published on 09/03/2024
» GRIFFITH, Australia - Millions of vines are being destroyed in Australia and tens of millions more must be pulled up to rein in overproduction that has crushed grape prices and threatens the livelihoods of growers and wine makers.
Property tycoon ‘embezzled $12bn’ in Vietnam’s biggest fraud case
Bloomberg, Published on 03/03/2024
» For several years, Truong My Lan held meetings on the 39th floor of the sleek Times Square tower in the heart of Vietnam’s commercial hub, Ho Chi Minh City. There, in a room that acted as her command centre, she allegedly wove a $12 billion tapestry of fraud and corruption, according to the police reports that form the basis of a court case against her.
Concerns rise over China's 1 trillion yuan EV, solar, battery exports
South China Morning Post, Published on 24/02/2024
» BEIJING - China's 1 trillion yuan (US$139 billion) exports of electric vehicles (EVs), lithium batteries and solar cells could face a new round of challenges this year, as Western policymakers have reflected "genuine anxieties" about overcapacity distorting their markets.
Grinding inflation clouds 'Black Friday' shopping bonanza
AFP, Published on 25/11/2022
» NEW YORK - Retailers braced for their biggest test of the year: Will US consumers open their wallets wide for the Black Friday sales that kick off the holiday shopping season?
Gas crisis fears recede for now as Europe stockpiles
AFP, Published on 31/10/2022
» LONDON - With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have eased but experts are warning against complacency.
Malaysia says chicken stocks in oversupply after export ban
Reuters, Published on 01/08/2022
» KUALA LUMPUR: Malaysia on Monday said it now has a slight oversupply of chicken, following its imposition of a ban on exports of the poultry to secure domestic supplies and rein in rising food prices.
Covid vaccine supply exceeds demand
AFP, Published on 08/04/2022
» After two years of racing to vaccinate the world against Covid-19, the number of available doses now surpasses demand in many areas.
Indonesia clings to coal despite green vision for economy
Reuters, Published on 20/09/2021
» JAKARTA: Even as Indonesia wins cautious praise from some green groups for ambitious plans to cut carbon emissions, the world's biggest exporter of thermal coal shows no sign of weaning itself off the polluting fuel any time soon.
Samsung Electronics Q3 net profit leaps after Huawei boost
AFP, Published on 29/10/2020
» SEOUL - Samsung Electronics' net profit jumped by almost half in the third quarter, it reported Thursday, as the South Korean giant's mobile and chip businesses were boosted by US sanctions against its Chinese rival Huawei.
Samsung flags near-60% operating profit jump after Huawei boost
AFP, Published on 08/10/2020
» SEOUL - Samsung Electronics flagged a leap of nearly 60 percent in third-quarter operating profits Thursday, as its mobile and chip business were boosted by US sanctions against its Chinese rival Huawei.