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  • 17, May 2022

    China’s zero-COVID policy to hit Asia aviation recovery: IATA

    SINGAPORE: China’s zero-COVID policy will hold back a full air travel recovery in the Asia-Pacific region, a top airline industry group warned Tuesday, adding to calls for Beijing to ease its hardline stance.

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  • 17, May 2022

    No Twitter deal without clarity on spam accounts, says Musk

    NEW YORK: Billionaire Elon Musk said Tuesday that his purchase of Twitter would not go ahead unless he was given assurances on the bots he says plague the platform, further complicating his acrimonious bid for the social media giant.

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  • 17, May 2022

    Indian insurance giant slumps after country’s biggest-ever IPO

    MUMBAI: Indian state-owned insurance giant LIC slumped on its market debut Tuesday following the country’s biggest-ever initial public offering, closing nearly eight percent below the IPO price.

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  • 16, May 2022

    China’s retail sales slump as lockdowns cause chaos

    BEIJING: China’s retail sales and factory output slumped to their lowest levels in around two years, official data showed Monday, capturing the dismal economic fallout from Beijing’s zero-COVID policy.

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  • 16, May 2022

    US, EU to ramp up chip making and raise pressure on Russia

    SACLAY, France: The United States and the European Union announced on Monday a joint effort to boost microchip manufacturing and tackle Russian disinformation around the war in Ukraine.

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  • 16, May 2022

    Wheat prices hit record high after India’s ban on export

    PARIS: Wheat prices surged to a new record high on Monday after India decided to ban exports of the commodity as a heatwave hit production.

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  • 15, May 2022

    Heatwave-hit India irks G7 with ban on wheat export

    NEW DELHI: India banned wheat exports without government approval Saturday after its hottest March on record hit production, in a blow to countries reeling from supply shortages and soaring prices since Russia’s invasion of Ukraine.

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  • 15, May 2022

    US companies eye more consumer pushback as inflation toll mounts

    NEW YORK: Prices on household goods have been rising for months in the United States, souring the national mood but not significantly affecting sales-yet.

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  • 14, May 2022

    Lack of competition fueled US baby formula shortage

    WASHINGTON: There’s no end in sight to America’s shortage of baby formula-and the crisis has highlighted the lack of competition that has spread to all parts of the US economy, even essential ones such as food for infants.

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