Oil prices close to 13-month highs, supported by Texas cold snap
LONDON:Â Oil prices hovered near 13-month highs on Tuesday, supported by a US cold snap that shut wells in the oil-producing state of...
Bitcoin vaults above $50,000 for first time ever
LONDON: Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world’s...
Bitcoin within a whisker of $50,000
SINGAPORE: Bitcoin hit a new record high $60 shy of $50,000 on Tuesday, extending a sharp rally that has been mostly fuelled...
China overtakes US as EU’s biggest trading partner
BRUSSELS: China last year overtook the United States as the EU’s biggest trading partner, the EU statistics agency Eurostat said on Monday.
Britain...
Okonjo-Iweala becomes first woman, African to lead World Trade Organisation
FRANKFURT: Nigeria’s Ngozi Okonjo-Iweala was appointed Monday to head the World Trade Organisation, becoming the first woman and first African to take...
Bill Gates warns that manufacturing could challenge climate goals
WASHINGTON: Bill Gates exudes optimism in discussing the world’s ability to tackle climate change – until he hits on manufacturing. About that,...
Jaguar cars to go all-electric by 2025 as JLR plans full range of e-models by 2030
LONDON: Jaguar Land Rover’s luxury Jaguar brand will be entirely electric by 2025 and the carmaker will launch e-models of its entire...
Visa to add cryptocurrencies to payment network
ISLAMABAD: International payment system Visa is moving towards allowing its cardholders to buy and sell cryptocurrencies in countries where it does not...
Oil hits 13-months highs on fears of Middle East tensions
SINGAPORE: Oil prices soared on Monday to their highest in about 13 months as fears of heightened tensions in the Middle East...
Bitcoin pulls back from brink of $50,000
SINGAPORE: Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally...
Sri Lanka import ban takes the spice out of life
COLOMBO: An import ban in cash-strapped Sri Lanka is leaving a bad taste in the mouths of its curry lovers, depriving them...
Google’s $76m deal with French publishers leaves many outlets infuriated
PARIS: Alphabet Inc’s Google has agreed to pay $76 million over three years to a group of 121 French news publishers to...
ByteDance explores sale of Indian TikTok assets to rival firm Glance: Bloomberg
TOKYO: China’s ByteDance is said to be exploring the sale of India operations of TikTok to rival unicorn Glance, Bloomberg News reported...
Oil retreats further as demand fears set in
LONDON: Oil prices dropped for a second day on Friday, pulling further back from a one-year high after OPEC again lowered its...
L’Oreal sees post-pandemic ‘roaring 20s’ driving cosmetics rebound
PARIS: L’Oreal, the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the Covid-19 pandemic gives way to a...