COLOMBO: Crisis-hit Sri Lanka said Monday it would take responsibility for $1.7 billion owed to China by state enterprises as it seeks to sell them off and restructure its foreign debt to secure an IMF bailout.

NEW YORK: As a changing climate intensifies extreme weather, agricultural multinationals are hyping the ability of genetically modified crops to boost yields when facing drought, heat or even heavy rainfall.

TUNIS: Solar panels glint in the sun on a Tunisian lagoon, part of a long-delayed drive to harness the North African country’s vast renewable energy potential.

LONDON: The UK government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to repair economic havoc wrought by Liz Truss’s short-lived tenure as prime minister.

BRUSSELS: The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023 on the back of high energy prices.

LONDON: Britain’s economy shrank in the third quarter as inflation soars, official data showed Friday, likely confirming it is already in a recession, dealing a fresh blow to new Prime Minister Rishi Sunak.

KUWAIT: Zain, the leading digital service provider in Kuwait, announced ten Kuwait-based tech startups that qualified to take part in the upcoming Dubai Roadshow, the first destination of the Regional Accelerator Program as part of the company’s seventh Zain Great Idea tech startup accelerator program.

LONDON: UK Prime Minister Rishi Sunak on Thursday hosts his Irish counterpart Micheal Martin, as they bid to end a dispute over post-Brexit trade in Northern Ireland that has stymied power-sharing.

TAIPEI: Taiwanese tech giant Foxconn, a principal Apple subcontractor, said Thursday it was working quickly to resume full production at its giant factory in central China before the crucial holiday season.