TOKYO : Japanese Finance Minister Taro Aso vowed on Tuesday to compile a high-quality budget for the next fiscal year while bearing in mind the need to reform spending policies given the country’s dire fiscal situation. Aso declined to comment when asked about the size of overall budget requests that […]
Business
Vietnam has added to concerns over global supplies of coffee as the South East Asian country’s biggest city remains in lockdown. The exporting hub of Ho Chi Minh has been kept under tough travel restrictions after a surge cases of the Delta variant of the coronavirus. Vietnam is a major […]
The increase in oil NSE -1.33 % output agreed last month by OPEC+ nations could be reconsidered at its next meeting on Sept. 1, Kuwait’s oil minister said on Sunday. The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, collectively known as OPEC+, will meet on Wednesday […]
Democratic Republic of Congo’s government is reviewing its US$6 billion “infrastructure-for-minerals” deal with Chinese investors as part of a broader examination of mining contracts, Finance Minister Nicolas Kazadi told Reuters. President Felix Tshisekedi said in May that some mining contracts could be reviewed because of concerns they are not sufficiently […]
Toyota Motor said on Friday it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village, a day after one of the vehicles collided with and injured a visually impaired pedestrian. In a YouTube video https://youtu.be/QJXhG_hFNK4, Toyota Chief Executive Akio Toyoda apologized for the incident and said […]
SAN FRANCISCO: Microsoft says it has warned thousands of its cloud computing clients of a recently discovered flaw that left their data vulnerable for an extended period. The problem involved keys used to access Microsoft Azure’s flagship database service Cosmos DB, and was discovered two weeks ago by cybersecurity company […]
The planned £29bn purchase of UK chip designer Arm by US firm Nvidia raises “serious” competition concerns, the UK’s competition watchdog has said. The Competition and Markets Authority said it was worried the deal would stifle innovation in several areas, such as gaming and self-driving cars. As a result, the […]
US tech giant Apple has delayed recalling staff to the office until January at the earliest amid fears over surging Covid cases. Employees were informed of the decision in a company memo on Thursday, which was first reported by Bloomberg News. The firm told staff it would reconfirm plans a […]
JERUSALEM: Israel warned consumer goods giant Unilever Plc on Tuesday (Jul 20) of “severe consequences” from a decision by subsidiary Ben & Jerry’s to stop selling ice cream in Israeli-occupied territories, and urged US states to invoke anti-boycott laws. The Ben & Jerry’s announcement on Monday followed pro-Palestinian pressure on […]
All iPhones released next year will be 5G-capable, including Apple’s first revamp of its budget handset in two years, Nikkei reported on Wednesday, citing sources familiar with the matter. REUTERS: All iPhones released next year will be 5G-capable, including Apple’s first revamp of its budget handset in two years, Nikkei […]