Business / World Business

Report: Amazon destroys large amount of new, returned goods 13 Jun 2018 - 01:39 am

BERLIN: German public broadcaster ZDF is reporting that online retailer Amazon destroys a large amount of new and returned goods even though they...

Canada PM safe for now as Trump attacks, but angry farmers loom 13 Jun 2018 - 01:02 am

OTTAWA: Canadian Prime Minister Justin Trudeau, facing the threat of a trade war from U.S. President Donald Trump, has unanimous domestic support for...

Malaysia PM floats new national car project 12 Jun 2018 - 01:35 am

Tokyo: Malaysia's newly elected Prime Minister Mahathir Mohamad on Monday floated the possibility of a national car project, despite the problems of a...

French farmers block refineries, fuel depots over palm oil imports 12 Jun 2018 - 01:14 am

PARIS: French farmers have blocked access to oil depots and refineries with tonnes of onions, wood and rubble, as part of a three-day...

After testy G7, how should Europe deal with Trump? 11 Jun 2018 - 09:13 pm

Paris: The G7 summit at the weekend in Canada ended in acrimony when US President Donald Trump refused to sign a joint statement,...

Germany orders recall of 774,000 Daimler cars in Europe over emissions 11 Jun 2018 - 07:43 pm

Frankfurt am Main: Germany ordered Monday the recall of some 774,000 vehicles from Mercedes-Benz maker Daimler across Europe, citing illegal "defeat devices" designed...

China, Russia solidify growing eastern bloc as Trump rattles G-7 11 Jun 2018 - 01:15 am

As U.S. President Donald Trump left the Group of Seven nations in turmoil this weekend, China’s Xi Jinping and Russia’s Vladimir Putin were...

In Mahathir's Malaysia, Japan is back amid doubts over Chinese funding 11 Jun 2018 - 01:15 am

KUALA LUMPUR: Malaysian Prime Minister Mahathir Mohamad is set to woo investors and offer business deals during a trip to Japan that starts...

US blames Canada for G7 fiasco, says Trudeau 'stabbed us in the back' 10 Jun 2018 - 06:23 pm

Washington: The US blamed Canada on Sunday for the disastrous ending to the G7 summit, saying Prime Minister Justin Trudeau "stabbed us in...

Trump delivers warning on trade as he leaves G-7 summit 09 Jun 2018 - 06:15 pm

LA MALBAIE, Quebec: President Donald Trump delivered a stern warning on trade to foreign countries at the Group of Seven summit on Saturday,...

Designer Raf Simons wins yet again at fashion's CFDA awards 09 Jun 2018 - 01:12 am

NEW YORK: Designer Raf Simons scored a repeat win at fashion's glittery awards ceremony Monday night, again displaying his considerable influence in American...

Argentina wins $50 billion in IMF backing to bolster economy 08 Jun 2018 - 11:59 pm

Argentina secured a $50 billion stand-by arrangement from the International Monetary Fund to help restore investor confidence as the government takes aim at...

Trump barrels into G-7 summit, ready to fight US allies 08 Jun 2018 - 11:14 pm

LA MALBAIE, Quebec: Bruising for a fight, President Donald Trump barreled into the Group of Seven summit Friday, eager to confront longtime U.S....

Trump to find a chilly host in Canada visit amid trade rift 08 Jun 2018 - 05:44 am

QUEBEC CITY: President Donald Trump is cutting short his first presidential trip to Canada this weekend, as trade and foreign policy disputes appear...

Uber urges Hawaii customers, drivers to oppose 'surge' cap 06 Jun 2018 - 09:46 pm

HONOLULU: Ride-hailing service Uber has sent emails to customers and drivers urging them to reach out to the Honolulu City Council and criticize...

Qantas bends to Beijing by describing Taiwan as Chinese 06 Jun 2018 - 12:50 am

CANBERRA, Australia: Australia's foreign minister on Tuesday expressed concern at Qantas Airways' decision to describe Taiwan as a Chinese territory after pressure from...

Australia holds key rate at 1.5% as unemployment edges higher 06 Jun 2018 - 12:50 am

Australia left its key interest rate unchanged at a record low Tuesday after the key unemployment metric edged higher. Reserve Bank Governor Philip...