BEIJING: Leaders of the 20 biggest economies on Saturday (Nov 21) vowed to ensure a fair distribution of COVID-19 vaccines, drugs and tests around the world and do what was needed to support poorer countries struggling to recover from the coronavirus pandemic. “We will spare no effort to ensure their […]
Business
WASHINGTON: The uneasy balance between the wildfire-like spread of the coronavirus in the United States and an economy that remains largely open may be tested in coming weeks if face mask mandates and other lighter-touch measures fail to control the crisis. U.S. infections of COVID-19 are growing by more than […]
TAIPEI: The US and Taiwan are stepping up cooperation in a newly created economic dialogue, in another move from the outgoing Trump administration to increase official exchanges with the self-ruled island. The two sides signed a five-year agreement establishing the US-Taiwan Economic Prosperity Partnership Dialogue, which is meant to be […]
WASHINGTON: Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to US investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. The designations, which have not been previously reported, could be released […]
SYDNEY : National Australia Bank (NAB) said today it had temporarily closed all its branches and attached offices due to a “physical security threat”, but did not give further details. Australia’s second-biggest lender said it was working with police and is inspecting all of its branches and commercial offices to […]
WASHINGTON: Facebook and Twitter defended their handling of US election misinformation at a heated congressional hearing on Tuesday (Nov 17) where one key senator assailed the platforms for being the “ultimate editor” of political news. The hearing, the second in less than a month, came with social media under fire […]
NEW YORK: Burger chain McDonald’s on Monday (Nov 9) decided to debut its own plant-based meat alternatives line called “McPlant” in 2021, including a patty that Beyond Meat subsequently said it helped co-create. “Beyond Meat and McDonald’s co-created the plant-based patty which will be available as part of their McPlant […]
WASHINGTON: A US judge said on Monday (Nov 9) he will consider arguments in a disputed order related to the protection of confidential information in the Justice Department’s antitrust lawsuit filed against Alphabet’s Google LLC unit. U.S. District Judge Amit Mehta directed the government and Google to file by Friday […]
LONDON: The European Union and Britain said on Saturday (Nov 7) major divergences remain in their Brexit talks but that negotiations would continue next week to try to clinch a trade deal in the scant time left. After a call between British Prime Minister Boris Johnson and European Commission President […]
SAN FRANCISCO: Twitter on Friday (Nov 6) flagged as premature posts referring to Joe Biden as “president-elect,” as the vote count continued in the knife-edge US election with the Democrat leading Donald Trump in several key states. Tweets referring to the former vice president with the victor’s title and his […]