China building digital Silk Road stretching from Asia through Africa to Europe

ISLAMABAD: The final stretch of a cross-border fibre optic cable is set to be laid by China in Pakistan to create the...

Analysis: A tulip by another name? ‘Gamestonk’ and the case for investor caution

NEW YORK: It sounds like the start of a parable: Investors stuck inside during a pandemic begin to bid up an asset...

Britain to apply to join Asia-Pacific free trade bloc

LONDON: Britain will apply to join a massive 11-nation free-trade bloc of Asia-Pacific countries, it announced Saturday, weeks after leaving the European...

Dubai-Israel trade reaches AED1bn

DUBAI: The trade between Dubai and Israel has reached 1 billion dirham ($272 million) over the last five months, the Dubai media...

India cuts Internet near Delhi as hundreds of farmers begin hunger strike

SINGHU: India blocked mobile internet services in several areas around New Delhi on Saturday as protesting farmers began a one-day hunger strike after...

Saudi firms sue former spymaster now in Canada, allege $3bn fraud

OTTAWA: Saudi state-owned companies have sued the country's former intelligence czar in a Canadian court, alleging he stole billions of dollars, according to...

UAE adopts amendments to grant citizenship to investors and other professionals

DUBAI: The United Arab Emirates has adopted amendments that would allow the Gulf state to grant citizenship to investors and other professionals...

US consumer spending decreases further; inflation creeping up

WASHINGTON: US consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19...

White House says US-China trade deal among issues in broad review

WASHINGTON: The Biden administration will review all national security measures put in place by former President Donald Trump, including the US-China Phase...

Oil rises but remains rangebound as OPEC cuts offset virus fears

SINGAPORE: Oil prices edged up on Friday but traded in a tight range as demand concerns caused by new coronavirus variants and...

J&J vaccine adds to Covid-19 armoury with 66pc global trial efficacy

Johnson & Johnson said on Friday that its single-dose vaccine was 66pc effective in preventing Covid-19 in a large global trial against...

New Toyota tech unit promises world’s safest drive

TOKYO: Toyota Motor Corp unveiled its Woven Planet research unit at a virtual media event on Friday, promising to deliver the world’s...

Hyundai wrestles with the risks of embracing Apple

SEOUL/SAN FRANCISCO: Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about...

Oil little changed as weaker dollar offsets demand worries

NEW YORK: Oil was steady on Thursday as the impact of a weaker dollar and big US crude inventory drawdown offset concerns...

First flashes of Brexit trade trouble appear in UK data

LONDON: Early signs of disruption caused by Britain’s shift to its new, less open trading relationship with the European Union are emerging...