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AirAsia’s shares plunge after auditor notes ‘going concern’ doubts

KUALA LUMPUR: Shares in Malaysia's AirAsia Group plunged 11 per cent after trading resumed on Wednesday (Jul 8) afternoon, after...
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Cricket: West Indies must try to win inside four days, says Lara

LONDON: Batting great Brian Lara has said West Indies' best chance of victory against England is to race out to...
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Business News

Boohoo to review British supply chain after factory allegations

LONDON: Online fashion retailer Boohoo has commissioned an independent review of its supply chain in Britain focused on areas including...
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As insurers face hefty pandemic losses, newcomers see chance to step in

LONDON: Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums...
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Business News

Airbus workers stage protest over job cuts

TOULOUSE, France: Airbus workers began a brief strike on Wednesday (Jul 8) over plans to cut up to 15,000 jobs...
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Business News

Alibaba’s Ant plans Hong Kong IPO, targets valuation over US$200 billion, sources say

HONG KONG: Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as...
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Business News

Some 83% of German firms with foreign exposure complain of collapsing revenues

BERLIN: Around four-fifths of German firms with foreign exposure have experienced a collapse in revenues as a result of the...
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Business News Science & Technology

Amazon invests US$308 million in fresh funds into India unit

BENGALURU: Amazon.com has invested 23.10 billion rupees (US$308.02 million) in Amazon Seller Services, an Indian unit, strengthening the business at...
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Business News

Chinese factories to face headwinds in next phase of post-lockdown recovery

BEIJING: Orders for infrastructure materials and equipment have helped industrial output recover faster in China than most places emerging from...
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News Sports

Football: Lampard says Pulisic has raised his game at Chelsea

REUTERS: Chelsea manager Frank Lampard believes Christian Pulisic has taken his game to another level after the forward scored in...
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Business News

Six candidates battle it out for WTO leadership

GENEVA: Six candidates are vying to become the next head of the World Trade Organization - an institution which faced...
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Cricket: Yasir’s goals for England: torment with googly, resist with ton

LONDON: Pakistan leg-spinner Yasir Shah plans to torment England with the googly and fancies a century against them with the...
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News Sports

Football: Players’ union slams ‘unacceptable’ A-League travel fiasco amid COVID-19 border closure

SYDNEY: Australia's footballers' union lashed out on Wednesday (Jul 8) at "unacceptable" chaos after three Melbourne-based A-League teams were prevented...
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‘What are you talking about?’: Kyrgios blasts Thiem in tennis COVID-19 row

SYDNEY: Outspoken Australian Nick Kyrgios questioned Dominic Thiem's intellect Wednesday (Jul 8) after the world number three told him to...
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News Sports

Australian snowboarder Pullin drowns while spear fishing

MELBOURNE: Australia's double world champion snowboarder Alex Pullin drowned while spear fishing off a Gold Coast beach on Wednesday (Jul...
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News Sports

Football: ‘Freakish’ Greenwood is Man Utd’s new baby-faced assassin

LONDON: Manchester United have spent more than £1 billion ($1.2 billion) on new players over the past nine years but...
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Healthcare News

COVID-19: National Gallery becomes first major London museum to reopen

LONDON: Britain's National Gallery reopens on Wednesday (Jul 8), with masks recommended and social distancing and advance booking mandatory, as...
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China opens Hong Kong security agency headquarters; city’s leader hails ‘historic moment’

HONG KONG: China opened a new office on Wednesday (Jul 8) for its intelligence agents to operate openly in Hong...
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Breaking News News world

North Korea’s Kim ordered to pay damages to Seoul prisoners of war

SEOUL: A South Korean court ordered Pyongyang's leader Kim Jong Un to compensate two former prisoners of war who spent...
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News Sports

Milan hit back with three goals in five minutes to floor Juve

MILAN: AC Milan scored three times in five astonishing second-half minutes as they hit back from two goals down to...
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