Explainer: How will Britain pay for coronavirus borrowing?
LONDON: British government borrowing is soaring to levels not seen since World War Two, something Prime Minister Boris Johnson and his finance...
Water politics with neighbours heat up under worsening climate in Afghanistan
By: Stefanie Glinski, Thomson Reuters Foundation
BAMIYAN: In a good year, farmer and mother-of-four Zahra Tawakole can produce enough potatoes from her hectare...
Oil slips despite OPEC+ cuts as Gulf ends voluntary curbs
LONDON: Oil slipped on Monday after Saudi Arabia said that an extension of output cuts by OPEC+ nations would not include additional...
G20 pledges more than $21bn to fight coronavirus
The Group of 20 rich and emerging economies has pledged more than $21 billion to fight the coronavirus, the group said early...
OPEC, Russia to extend record oil cuts to end of July
LONDON: OPEC, Russia and allies were set on Saturday to extend record oil production cuts through July after crude prices doubled in...
Oil drops on US inventories and doubts over output cuts
LONDON: Oil prices dropped on Thursday on doubts over the ability of crude producers to agree to extend record output cuts, heightened...
US trade deficit widens as exports hit 10-year low
WASHINGTON: The US trade deficit surged in April as the Covid-19 pandemic upended the global flow of goods and services, pushing exports...
Oil falls from $40 as doubts emerge over next step on OPEC cuts
LONDON: Oil fell after touching its highest since March at more than $40 a barrel on Wednesday as doubts emerged about the...
Oil prices rise ahead of OPEC+ meeting on output cuts
LONDON: Oil prices rose on Tuesday to near three-month highs on expectations that major producers will agree to extend output cuts during...
Indian app highlights backlash against Chinese business
NEW DELHI: India's top trending free app on Google's mobile app store, with more than 5 million downloads since late May, is...
Oil drops as US-China tension escalates
NEW YORK: Oil futures edged lower on Monday as rising US-China tensions weighed on market sentiment, but reports that OPEC and Russia...
Long-haul carrier Emirates says it fires staff amid virus
DUBAI: Dubai’s long-haul carrier Emirates said Sunday it fired an undisclosed number of employees as the coronavirus pandemic has halted global aviation,...
China’s manufacturing still sluggish as virus hits exports
BEIJING: China’s manufacturing activity expanded in May but at a sluggish pace for the second straight month as the coronavirus pandemic weighed...
Dubai faces 5.5pc recession this year as $10bn debt repayments loom, BofA says
DUBAI: Dubai could see a recession of around 5.5pc in 2020 as it faces about $10 billion (8.1 billion pounds) in debt...
Mylan’s Pakistan partner to sell Covid-19 drug within two months: Bloomberg
Pakistan’s AGP Ltd, a partner of Mylan NV, plans to sell the Covid-19 treatment remdesivir, which has been shown to improve recovery...