Trans-Pacific Partnership to revive after US withdrawal

Hanoi: 11 countries part of Trans-Pacific Partnership (TPP) agreed to proceed without the United States on Sunday. The agreement comes after President Trump's...

Qatar LNG project not affected by Arab tension says: ConocoPhillips

ConocoPhillips owns a 30pc stake in an LNG project operated by Qatargas Doha/Houston: ConocoPhillips said on Thursday that production and exports of liquefied...

Turkish military manufacturers push for business with Pakistan

By USMAN A KHAN/ABDULLAH NIAZI LAHORE/ANKARA: Turkish producers of tactical military goods, Askeri Elektronik Sanayi, Military Electronic Industries (ASELSAN), and Turkish Aerospace Industries...

China steps up Covid-19 restrictions near Beijing as local infections rise

SHANGHAI/BEIJING: Chinese authorities shut sections of highways running through Hebei province that surrounds Beijing on Wednesday and banned gatherings in the province’s...

Major cyberattack cripples banks and corporations globally

Paris: A new and highly virulent outbreak of data-scrambling software — apparently sown in Ukraine — caused disruption across the world Tuesday....

Uber to stop its ride sharing services UberPOP in Norway

OSLO: Uber announced Monday it was suspending its UberPOP ride-sharing service in Norway until adequate legislation had been adopted in the Scandinavian...

Tycoon takes investors heli-skiing to show them Pakistan is safe

In the northern snow-capped peaks of Pakistan, Zia Chishti disembarked off a helicopter and skied downhill on a mission to convince investors,...

Uber lost more than $800 million in third quarter 2016: Bloomberg

Privately held ride-hailing company Uber Technologies Inc lost more than $800 million in the third quarter, Bloomberg reported on Monday. The company's...

Direct investment surges by 12.7pc in July-April 2016-17

The Oil and Gas, Power sectors and Construction Industries supported total foreign investment of the country, which increased by 105 per cent...

India’s top court chides government over impasse with protesting farmers

NEW DELHI: India’s Supreme Court on Monday criticised the government for failing to break a deadlock with farmers protesting against reforms of...

Amazon acquires Whole Foods in $13.7b deal

New York: Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole...

Samsung set to announce entry into autonomous driving sector

Frankfurt: South Korea’s Samsung Electronics Co Ltd plans to become a major player in autonomous driving, building on its recent $8 billion...

Afghan peace talks resume as bloodshed continues

KABUL: A string of assassinations has sowed fear and chaos across Afghanistan as a fresh round of peace talks between the Afghan...

Iranian airline signs $3bn deal for 30 Boeing jets

US plane maker Boeing said Tuesday that Iran’s Aseman Airlines had agreed to buy 30 737 MAX jets for $3b in its...

Dubai Duty Free expects $2m sales hit from electronics ban

Dubai International Airport’s duty-free operator estimates that it will lose about $2 million (Dh7.34 million) in sales this year from the ban...