Showing 11 - 20 of 70
World's rich floor it in post-pandemic luxury car rush
AFP, Published on 30/05/2021
» PARIS: The global rebound from the coronavirus pandemic is revving luxury carmakers' sales to never-before-seen heights, as order books at the likes of Lamborghini, Ferrari and Rolls-Royce burst with demand from the world's wealthy.
China hits Alibaba with record $2.78bn fine
AFP, Published on 10/04/2021
» SHANGHAI: Chinese regulators hit the e-commerce giant Alibaba with a record 18.2 billion yuan (US$2.78 billion) fine on Saturday over practices deemed to be an abuse of the company's dominant market position.
Saudi plans economic overhaul with $3.2 trillion investment
AFP, Published on 31/03/2021
» RIYADH - Saudi Arabia announced plans Tuesday to pump investments worth $3.2 trillion into the national economy by 2030, roping in the kingdom's biggest companies in a major new push to diversify the oil-reliant economy.
Airbus looks to A321 XLR to exit virus crisis
AFP, Published on 17/02/2021
» PARIS: The Covid-19 pandemic has hit aircraft manufacturers hard but Airbus is already looking towards a new plane to help drive its recovery and get a leg up on rival Boeing.
Kuaishou: China's $160 bn livestreaming app for 'ordinary people'
AFP, Published on 08/02/2021
» BEIJING - On Lu Kaigang's feed, sheets of tarp are transformed into haute couture as China's mountainous backdrop becomes his catwalk, a 22-year-old villager sashaying to fame via a video-sharing app for the everyman -- Kuaishou.
Fearful US consumers await Biden stimulus injection
AFP, Published on 16/01/2021
» WASHINGTON: President-elect Joe Biden's stimulus plan could spur hesitant US consumers to start spending again, analysts said Friday, as the government reported falling sales in December, but they warned it may not be enough to overcome surging coronavirus cases.
Bolstered by pandemic, tech titans face growing scrutiny
AFP, Published on 16/12/2020
» PARIS: Accelerating the transition to an ever more digital life, the coronavirus pandemic has tightened tech giants' grip on billions of customers' lives.
Singles' Day lift for Thai cosmetic surgery
AFP, Published on 11/11/2020
» A cosmetic surgery clinic in Bangkok saw patients snap up nose jobs and eyelid operations for its first-ever "Singles' Day" sale Wednesday -- capitalising on the world's largest shopping bonanza to boost business hit by the coronavirus epidemic.
Murdoch heir quits News Corp board
AFP, Published on 01/08/2020
» NEW YORK: Former 21st Century Fox chief executive James Murdoch, the son of media tycoon Rupert Murdoch, has resigned from the News Corp board citing clashes over editorial content.
Airbnb restricts under-25s in UK, France and Spain
AFP, Published on 14/08/2020
» PARIS: Airbnb said Friday it is restricting the ability of people under 25 in Britain, France and Spain from renting entire homes via its platform in order to reduce unauthorised parties and ensure safety.