FRANKFURT AM MAIN: Germany’s finance and economy ministers will be grilled by lawmakers on Wednesday (Jul 29) about the massive fraud scandal that brought down payments provider Wirecard, amid criticism that authorities failed to act on early warning signs. Wirecard filed for insolvency last month after admitting that €1.9 billion […]
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MECCA, Saudi Arabia: Muslim pilgrims on Wednesday (Jul 29) begin the annual Haj, dramatically downsized this year as the Saudi hosts strive to prevent a coronavirus outbreak during the five-day pilgrimage. The Haj, one of the five pillars of Islam and a must for able-bodied Muslims at least once in […]
WASHINGTON: The United States and Australia said on Tuesday (Jul 28) they will expand military cooperation as tensions soar with China, presenting a common front between the allies. Going ahead in Washington with annual talks despite the COVID-19 pandemic, Australia’s foreign and defence ministers offered clear, if more mildly stated, […]
SEOUL: Tesla Inc Chief Executive Officer Elon Musk said on Tuesday (Jul 28) that the company is open to licensing software and supplying powertrains and batteries. Tesla has previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an area that analysts and industry officials […]
CHICAGO: The largest US air carriers have all signed letters of intent on federal loans to help them weather the coronavirus, with United Airlines warning employees on Tuesday (Jul 28) that a surge in outbreaks was hitting bookings, threatening a travel rebound and jobs. United employees should expect to receive […]
MANCHESTER: Manchester United midfielder Jesse Lingard has opened up about his personal struggles in a heartfelt message on social media, saying he was “lost as a player and person” during the 2019-20 campaign. Lingard’s goal in the closing stages of a 2-0 win at Leicester City on Sunday – which […]
WASHINGTON: Republicans in the White House and the US Congress were in disarray over their own plan for providing US$1 trillion in new coronavirus aid on Tuesday (Jul 28), as negotiations aimed at reaching a compromise Bill with Democrats also sputtered. President Donald Trump told reporters that there were aspects […]
WASHINGTON: Five US states in the South and West reported one-day records for coronavirus deaths on Tuesday (Jul 28) and cases in Texas passed the 400,000 mark as California health officials said Latinos made up more than half its cases. Arkansas, Florida, Montana and Oregon each reported record spikes in […]
PARIS: Spain and Germany were among the countries tightening restrictions on Tuesday (Jul 28) in a bid to cool coronavirus hotspots that have sparked fears of a second wave. The World Health Organization warned that the virus did not appear to be affected by seasonality, as the global death toll […]
An independent review of UK food policy is calling for “a gold standard level of scrutiny” to ensure new trade deals do not undermine the environment. Verification schemes should address concerns such as imports of beef reared on land recently cleared of rainforest. And the government should press on with […]