India’s Nobel laureate fears upsurge in child labour as pandemic shrivels economy
NEW DELHI: For four decades Indian Nobel peace laureate Kailash Satyarthi rescued thousands of children from the scourge of slavery and trafficking...
Oil prices steady as third storm in month takes aims at US
SINGAPORE: Oil prices edged higher on Monday as a tropical storm took aim for the US Gulf of Mexico region halting some...
China does not have a timetable for ‘unreliable entities list’
NINGBO: China said it did not have a timetable or pre-set names of companies on its ‘unreliable entities list’ but if foreign...
India passes farm bills amid protest from opposition parties
NEW DELHI: India’s parliament on Sunday passed new bills the government says will make it easier for farmers to sell their produce...
Iran’s rial hits record low as tension spikes with the US
DUBAI:Â The Iranian rial fell to a record low against the US dollar on the unofficial market on Sunday, a day after...
Rolls-Royce plans to raise up to 2.5 billion stg as Covid-19 bites
LONDON: Britain's Rolls-Royce Holdings Plc said on Saturday it was looking to raise up to 2.5 billion pounds ($3.2 billion) in an effort...
TikTok says it already committed to government oversight of US data security
BEIJING: Video-sharing app TikTok said on Saturday it has already committed to the US government oversight of data security in the country,...
Facebook releases 3rd edition of small business report
SANS FRANCISCO: Facebook has released its third edition of Global State of Small Business Report, a research collaboration with the World Bank...
ADIB signs MOU with Israel’s Bank Leumi
Abu Dhabi Islamic Bank, the biggest Sharia-compliant bank in the emirate, signed a memorandum of understanding (MOU) with Israel’s second-largest lender Bank...
The Musk Method: Learn from partners then go it alone
LOS ANGELES: Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to...
EU okays 44 billion euro Italian recapitalisation scheme for virus-hit companies
BRUSSELS: EU competition regulators on Thursday gave the green light to a 44-billion-euro ($51.9 billion) Italian recapitalisation scheme for virus-hit large companies,...
Global economic recovery may take five years, World Bank chief economist says
MADRID: The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World...
ByteDance’s bid to keep most of TikTok faces major hurdles
NEW YORK: China’s ByteDance faces an uphill struggle to convince the White House to allow it to keep majority ownership of its...
Oil jumps above $41 as storm hits US output, inventories drop
LONDON: Oil prices rose for a second day on Wednesday, gaining more than 2pc, as a hurricane closed US offshore production and...
Steel prices to keep rising on industrial rebound; margins soft
LONDON: Steel prices are set to keep rising in coming months as economies recover and demand picks up after being hit by...