ABERDEEN: In Europe’s oil and gas “capital”, Aberdeen, voters are apprehensive about Labour’s plans for combating climate change if the opposition party wins next month’s UK general election as expected.

WASHINGTON: Sales of new US single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand, offering more evidence that the housing market recovery was faltering.

COLOMBO: Sri Lanka’s bilateral lenders who agreed to restructure close to $6 billion in loans have demanded “comparability of treatment” with other creditors, including China.

WASHINGTON: The US Supreme Court on Thursday said a tribunal system used by the Securities and Exchange Commission, Wall Street’s government watchdog and rule enforcer, was unconstitutional in a major victory for pro-business conservatives.

MADRID: Olive oil producers are improving irrigation and seeking new varieties of olives to safeguard production as climate change upends harvests, causing prices of the staple of the Mediterranean diet to soar.

RENTON, US: At its plane factory near Seattle, Boeing has increased employee training, appointed mentors for new recruits, brought back retirees as coaches and stepped up tracking of performance metrics.

BENGALURU: Indian Prime Minister Narendra Modi’s government on Wednesday said it has asked the Tamil Nadu state to submit a “detailed report” after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country.

TOKYO, June 27 (KUNA) -- Japanese Finance Minister Shunichi Suzuki warned on Thursday that the government will take necessary actions on foreign exchange moves after the yen weakened to a 38-year low against the dollar.

VIENNA, June 26 (KUNA) -- The OPEC Fund for International Development (OFID) Governing Board approved Wednesday the disbursement of USD 605 million in loans to finance key development projects in 14 countries The approved projects focus on priorities such as global food security, climate finance and critical infrastructure, according to a statement by OFID.