President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, and the lure of new jobs in Midwestern states including Michigan helped him eke out a surprise election win. CHICAGO: President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, […]
Business
LONDON: The British government is on Friday (Oct 9) set to announce further support for firms to retain staff in the coming months if they are forced to close as a result of the imposition of further lockdown restrictions. With the government expected to tighten restrictions over the coming days […]
LONDON: Britain’s economy expanded by a much lower-than-expected 2.1 per cent in August from July as the country tries to recover from its record slump during the coronavirus lockdown, official data showed on Friday (Oct 9). Economists polled by Reuters had expected growth of 4.6 per cent in August, according […]
WASHINGTON: The US government said in a court filing on Thursday it was appealing a judge’s ruling that prevented it from prohibiting new downloads of the Chinese-owned short video-sharing app TikTok. The Justice Department said it appealed the order to the US Court of Appeals for the DC Circuit. WASHINGTON: […]
JAKARTA: Nationwide protests and labour strikes against a polarising new jobs law in Indonesia continued across the country for a third straight day today. The “omnibus” jobs creation bill, passed into law on Monday, has seen thousands of people in South-east Asia’s largest economy take to the streets in protest […]
WASHINGTON: The US Justice Department on Friday (Oct 2)said it was appealing a judge’s decision to block the government from barring Apple and Alphabet’s Google from offering Chinese-owned messaging app WeChat for download in US app stores. The government said it was appealing the Sept. 19 preliminary junction issued by […]
WASHINGTON: New orders for US-made goods increased less than expected in August, though business spending on equipment appeared to be recovering, which likely supported the economy in the third quarter. The Commerce Department said on Friday (Oct 2) that factory orders rose 0.7 per cent after accelerating 6.5 per cent […]
SINGAPORE: Consumers trying to use their credit cards may encounter difficulties after Wirecard ceased services in Singapore, prompting local businesses to look for other payments providers. The Monetary Authority of Singapore (MAS) had earlier this week directed the troubled German firm to stop payment services here and to return all […]
MANILA: Two of the most popular Philippine tourist destinations, including Boracay beach, have partially reopened, drawing only a fraction of their usual huge crowds given continuing COVID-19 restrictions. Tourism Secretary Bernadette Romulo-Puyat said on Friday (Oct 2) that 35 local tourists, including seven from Manila, came on the first day […]
WASHINGTON: The Trump administration faces ongoing court battles after two legal setbacks in its efforts to bar US app stores from offering Chinese-owned TikTok or WeChat for download. In two separate rulings, judges have questioned the evidence that data from American users is being accessed by the Chinese government imperiling […]