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Search Result for “failed”

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BUSINESS

Tech guru's space firm claims reusable rocket breakthrough

Business, AFP, Published on 26/11/2015

» Washington: The private space firm founded by internet entrepreneur Jeff Bezos claimed a breakthrough for its space travel efforts on Tuesday with the launch of a reusable rocket.

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BUSINESS

'We were duped' by studios, says Hollywood actor union president

AFP, Published on 14/07/2023

» LOS ANGELES - Hollywood actors were "duped" into extending negotiations for two weeks by studios who wanted more time to promote their summer blockbuster movies, union president Fran Drescher told AFP on Thursday.

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BUSINESS

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.

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BUSINESS

US averts first-ever default with 11th-hour debt deal

AFP, Published on 02/06/2023

» WASHINGTON: United States senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.

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BUSINESS

Saudi Arabia slashes output further to boost oil price

AFP, Published on 05/06/2023

» VIENNA - Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession.

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BUSINESS

Air travel to soar near record in 2023: industry group

AFP, Published on 05/06/2023

» ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.

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BUSINESS

Biden cuts deal in principle with Republicans to avert catastrophic US default

AFP, Published on 28/05/2023

» WASHINGTON - US President Joe Biden and Republican lawmakers struck a deal in principle to raise the country's debt ceiling Saturday, in a crucial first step towards eliminating the threat of a disastrous default with just days to spare.

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BUSINESS

Meta hit with record 1.2-billion-euro fine over EU data rules

AFP, Published on 22/05/2023

» DUBLIN: Facebook owner Meta has been fined a record 1.2 billion euros ($1.3 billion) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday.

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BUSINESS

Hollywood writers strike looms as deadline nears

AFP, Published on 01/05/2023

» LOS ANGELES - Hollywood faced a cliffhanger moment Monday as talks to avert a potentially catastrophic strike by thousands of TV and movie writers remained unresolved just hours before a crunch deadline.

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BUSINESS

Swiss parliament fumes over Credit Suisse collapse

AFP, Published on 12/04/2023

» BERN (SWITZERLAND) - The Swiss parliament voiced its fury on Tuesday at the collapse of Credit Suisse and how the rules intended to prevent such a major bank from getting itself into trouble completely failed.