DETROIT: The leader of Delta Air Lines is telling workers that he expects some recovery from the coronavirus travel downturn by the spring. CEO Ed Bastian wrote in a New Year’s Day memo to employees that he expects 2021 to start with travel deeply depressed like it was last year. […]
Business
WASHINGTON: President Donald Trump vetoed a Bill on Friday (Jan 1) that would have gradually ended the use of large-mesh drift gillnets deployed exclusively in federal waters off the coast of California, saying such legislation would increase reliance on imported seafood and worsen a multibillion-dollar seafood trade deficit. Trump also […]
WASHINGTON: President Donald Trump’s fellow Republicans in the US Senate on Friday (Jan 1) overrode his veto for the first time in his nearly four years in office, pushing through a Bill on defense spending against his strong objections 20 days before he leaves office. Meeting in a rare New […]
ADEN: Saudi-led coalition warplanes struck targets in Yemen’s Houthi-held capital Sanaa today in retaliation for attacks in the southern port city of Aden the previous day that took place as officials in a government backed by Riyadh arrived there. The coalition accused the Houthi movement, which it has been fighting […]
WEST PALM BEACH: Unemployment benefits for millions of Americans struggling to make ends meet lapsed overnight as President Donald Trump refused to signed an end-of-year COVID-19 relief and spending Bill that had been considered a done deal before his sudden objections. The fate of the bipartisan package remained in limbo […]
FREMANTLE: Even in the scorching Australian summer sun, long queues of customers snake around Fremantle harbour – a soothing sight for beleaguered local fishermen trying to replace lost business with China. Australia’s rock lobster exports are worth half a billion US dollars a year – and in normal times, 94 […]
SHANGHAI: China on Saturday (Dec 26) amended a criminal law to increase imprisonment terms for securities and futures market crimes, including fraudulent securities issuances and information disclosure fraud, according to a regulatory statement. According to an online posting by the China Securities Regulatory Commission (CSRC) on Saturday night, the imprisonment […]
SYDNEY: Facebook has banned Australian celebrity chef and conspiracy theorist Pete Evans for repeatedly spreading misinformation about the coronavirus. With more than a million social media followers, Evans had been an influential promoter of conspiracy theories about the pandemic and vaccines. Facebook said today it would not “allow anyone to […]
WELLINGTON: New Zealand roared back from a coronavirus-induced recession with record economic growth of 14 per cent in the July to September quarter, official data showed on Thursday (Dec 17). The strong figures followed an 11 per cent decline in the previous quarter – when New Zealand was in a […]
HANOI: Facebook and Google are fast becoming “human rights-free zones” in Vietnam, Amnesty International warned today, accusing the tech titans of helping censor peaceful dissent and political expression in the country. Communist Vietnam has long jailed its critics but has come under fire in recent years for targeting users on […]