Lion Air plane crash US safety regulators have cleared Boeing’s 737 Max plane to fly again, lifting grounding orders put in place in March 2019 after two deadly crashes. It marks a milestone for Boeing which was thrust into crisis by the tragedies and investigations that blamed company failures for the accidents. Its financial woes […]
By Rajini Vaidyanathan BBC News, Delhi image caption Workers at the factories, who live mostly in poverty, allowed the BBC to photograph them anonymously Indian workers in factories supplying the supermarket chains Marks & Spencer, Tesco and Sainsbury’s, and the fashion brand Ralph Lauren, told the BBC they are being subjected to exploitative conditions. Women […]
By Reuters Staff BEIJING (Reuters) – China will no longer aim at achieving trade surpluses and solely expanding exports, but will pivot to moderately expanding imports for a balance between inbound and outbound shipments, a senior official from a state-affiliated think tank said on Sunday. “This will not only help China to take the initiative in […]
By Peter Hobson LONDON (Reuters) – The world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory standards, a letter seen by Reuters showed. In the letter dated Nov. 6 addressed to countries with large gold markets, […]
By Farah Master, Chen Lin HONG KONG/ SINGAPORE (Reuters) – A travel bubble between Hong Kong and Singapore will begin on Nov. 22, the two cities announced on Wednesday, as they moved to re-establish overseas travel links and lift the hurdle of quarantine for visiting foreigners. Hong Kong’s Commerce Secretary and Singapore’s Transport Minister said the […]
Global markets have rallied in response to Saturday’s declaration that Joe Biden has won the US election. The end of uncertainty about the race’s outcome saw London’s FTSE 100 rise 1.5% to 5,994.58 points in early trade, with similar gains seen across Europe. Asian shares also jumped, with Japan’s Nikkei 225 climbing 2.1% to 24,839.84 […]
By Hilary George-Parkin9th November 2020 There are countless products to buy, but only some hit a vaulted status of ‘must have’. What propels a single item into being a sensation? E Early one rainy morning in June, hundreds of people lined up outside Uniqlo stores in Tokyo, clutching umbrellas and waiting for their chance to spend 990 […]
By David Lawder WASHINGTON (Reuters) – President-elect Joe Biden has pledged to work more closely with U.S. allies in confronting China on trade, and is seen as unlikely to roll back his predecessor’s tariffs on imported steel, aluminum, Chinese and European goods any time soon. “I’ve been told that if you close your eyes, you […]
By Lewis Krauskopf, Koh Gui Qing NEW YORK (Reuters) – Markets will welcome the certainty after major networks declared Democrat Joe Biden winner of the U.S. presidential election on Saturday, offering some relief after days of the country getting conflicting reports about who might be in the White House next term. News outlets and polling outlets […]
By Reuters Staff NEW DELHI (Reuters) – Future Retail has challenged its partner Amazon.com Inc in a New Delhi court to stop interfering in its $3.4 billion asset sale deal, the Indian company said in a statement on Saturday. Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail […]
