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BUSINESS

One World Trade Center Is Most Expensive Office Tower in U.S.

Business, Peter Grant, Published on 14/09/2021

» One World Trade Center, the 1,776-foot office building that rose in place of the Twin Towers destroyed on Sept. 11, cost $3.8 billion and is the most expensive skyscraper ever built in the U.S.

BUSINESS

Stumbling Hotel Industry Starts to Regain Footing After Its Worst Year

Business, Peter Grant, Published on 18/03/2021

» The badly battered lodging business is stirring to life, roused by hotel owners and investors betting that bookings will pick up when Covid-19 vaccines become widespread and more Americans itch to travel again.

BUSINESS

San Francisco cafes are banishing disposable coffee cups

Business, AP, Published on 25/12/2019

» SAN FRANCISCO: A new cafe culture is brewing in the San Francisco area, where a growing number of coffee-shops are banishing paper to-go cups and replacing them with everything from glass jars to rental mugs and BYO cup policies.

BUSINESS

China delays tariffs on US autos, other goods in trade deal

AP, Published on 15/12/2019

» BEIJING: China's government says it will postpone planned punitive tariffs on US-made automobiles and other goods following an interim trade deal with Washington.

BUSINESS

US-China trade deal brings stability for now

AP and Reuters, Published on 14/12/2019

» China has put a positive spin on a first-phase trade agreement that turns down the temperature on a trade war it blames the United States for starting.

BUSINESS

Boeing wins $1bn contract to modernise AWACS fleet

Business, AP, Published on 29/11/2019

» BRUSSELS: The North Atlantic Treaty Organization and Boeing Co agreed on Wednesday on a $1 billion contract to refurbish the military alliance's ageing fleet of surveillance planes, ensuring that they can continue to serve as the organisation's eye in the sky until 2035.

BUSINESS

Honda looks to aviation for long term

Business, AP, Published on 23/10/2019

» Honda Motor Co is expanding its North Carolina aircraft manufacturing plant, but jet-industry analysts say the company better known for cars and lawnmowers faces decisions about potentially sinking billions more into its decades-in-the-making aircraft division.

BUSINESS

Dubai expects Expo 2020 to draw 25m visitors

Business, AP, Published on 18/10/2019

» DUBAI, United Arab Emirates: It rises out of what were once rolling sand dunes stretching toward the horizon, a feverish construction site by tempo and temperature that has tens of thousands of workers building what looks like a new city in the desert of Dubai.

BUSINESS

GM's EV push could mean trouble for UAW

Business, AP, Published on 24/09/2019

» DETROIT: If US consumers ever ditch fuel burners for electric vehicles, then the United Auto Workers union is in trouble.

BUSINESS

China imposes retaliatory tariffs on US imports

AP and Kyodo News, Published on 01/09/2019

» China on Sunday imposed further tariffs on US imports, in retaliation for Washington's fourth round of tariff hikes on Chinese products.