WASHINGTON: Two United States aircraft carriers were conducting exercises in the disputed South China Sea on Saturday (Jul 4), the US navy said, as China also carried out military drills that have been criticised by the Pentagon and neighbouring states. China and the United States have accused each other of […]
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SINGAPORE: Hotels in Singapore may now apply to reopen for staycation bookings, as Singapore resumes more activities under Phase 2 of its post-“circuit breaker” reopening. The Singapore Tourism Board (STB) announced this in an advisory on Friday (Jul 3), saying that hotels will have to comply with various safe management […]
Governments could use their massive bailouts now to target a more sustainable and equitable society, says Saadia Zahidi. GENEVA: Last year, the World Economic Forum’s annual Global Competitiveness Report assessed 141 governments’ future-readiness and found that most rated poorly on this and other crucial long-term indicators. Yet now that the […]
NEW DELHI: China-owned social media app TikTok distanced itself from Beijing after India banned 59 Chinese apps in the country, according to a correspondence seen by Reuters. In a letter to the Indian government dated Jun 28 and seen by Reuters on Friday (Jul 3), TikTok Chief Executive Kevin Mayer […]
SEATTLE: Boeing Co and suppliers set the final number of parts it would need for the 747 jumbo jet programme at least a year ago, signalling the end for a plane that democratised global air travel in the 1970s but fell behind modern twin-engine aircraft, industry sources said on Friday […]
LONDON: European stock markets retreated on Friday (Jul 3), with concerned investors locking in gains made recently on solid US jobs data. In London, the FTSE 100 index had lost 1.3 per cent when trading ended for the day, Frankfurt had slipped by 0.6 per cent and Paris was off […]
LONDON: Oil fell below US$43 a barrel on Friday (Jul 3) as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although crude was still headed for a weekly gain on lower supply and wider signs of economic recovery. The United States reported more than 55,000 […]
TORONTO: Canada’s biggest lenders confirmed on Friday (Jul 3) they had joined a widespread boycott of Facebook Inc begun by US civil rights groups seeking to pressure the world’s largest social media platform to take concrete steps to block hate speech. More than 400 brands have pulled advertising on Facebook […]
BEIJING: China on Friday (Jul 3) vowed to gradually phase out the slaughter and sale of live poultry at food markets, in a move welcomed by animal rights activists amid the coronavirus pandemic. The announcement came as China stepped up inspections of wholesale food markets and outlawed the sale and […]
A Democratic U.S. senator says he has written to Attorney General William Barr outlining his concerns about potential “political interference” by the Trump administration in an investigation of a private espionage firm that targeted environmental groups in the United States. WASHINGTON: A Democratic U.S. senator says he has written to […]