Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50per cent and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods in Asia’s third-largest economy. REUTERS: Chinese […]
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MECCA: Saudi Arabia on Wednesday (Jul 29) begins hosting the annual Haj pilgrimage, dramatically down-scaled due to the coronavirus pandemic that has barred millions of international pilgrims for the first time in modern history. Up to 10,000 people residing in the kingdom will participate in the Muslim ritual, a tiny […]
HONG KONG: Gold hit a record high on Monday (Jul 27) as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus bill in Washington. After months of healthy rallies across equity markets, […]
SYDNEY: Australia’s second most populous state of Victoria will take longer than the current six-week lockdown period to stem the spread of the coronavirus, authorities said on Monday (Jul 27), as the country battles to contain a second wave of the virus. Australia, one of the least-hit countries by the […]
MAUI, Hawaii: Hurricane Douglas bore down on Hawaii on Sunday (Jul 26) packing torrential rains and damaging winds as it churned just east of the islands in the central Pacific, forecasters said, with one local leader urging residents to be prepared for the worst. Douglas was expected to make landfall […]
WASHINGTON: Top aides to President Donald Trump said on Sunday (Jul 26) they agreed in principle with Senate Republicans on a US$1 trillion coronavirus relief package – the party’s opening offer in negotiations with Democrats less than a week before enhanced unemployment benefits expire. White House Chief of Staff Mark […]
MADRID: The Spanish government insisted on Sunday (Jul 26) that despite a recent surge in coronavirus cases, the country was safe to visit. Foreign Minister Arancha Gonzalez Laya was moving to allay fears after some countries reimposed travel restrictions on Spain. “Spain is a safe country,” she told reporters. “Like […]
WELLINGTON: New Zealand Prime Minister Jacinda Ardern’s party raced ahead of rivals in the latest opinion poll, putting the charismatic 40-year-old leader on track for a comfortable victory in the elections in September. A Newshub-Reid Research Poll released late on Sunday (Jul 26) showed the popularity of Ardern’s Labour Party […]
SYDNEY: Australia’s competition regulator has launched court proceedings against Google for allegedly misleading consumers about the expanded use of personal data for targeted advertising. The case by the Australian Competition and Consumer Commission (ACCC) in Federal Court said Google did not explicitly get consent nor properly inform consumers about a […]
MANCHESTER: Manchester United and Chelsea secured places in the Champions League with wins on the final day of the Premier League season while Watford and Bournemouth were relegated along with bottom club Norwich City. Aston Villa survived the drop thanks to a 1-1 draw at West Ham United which moved […]