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UK government unveils fresh US$37 billion package to stimulate economy

Britain's Chancellor of the Exchequer Rishi Sunak speaks during question period to the Chancellor of the Exchequer in London, Britain,...
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Gold above US$1,800 an ounce, first time since 2011

LONDON: Gold reached above US$1,800 an ounce on Wednesday (Jul 8) for the first time since 2011, with the precious...
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Football: Solskjaer says Manchester United aiming for maximum points to reach Champions League

LONDON: Ole Gunnar Solskjaer believes Manchester United may need to win all of their remaining Premier League games to qualify...
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Huawei says US sanctions have no immediate impact on UK 5G supplies

U.S. sanctions targeting Huawei Technologies have had no immediate impact on the Chinese firm's ability to supply 5G equipment to...
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Ruling in EU Apple tax case due next Wednesday – Ireland

The European Union's second highest court will next week rule in an appeal by Apple and Ireland against a European...
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Football: Former England keeper James eyes coaching role in England

LONDON: Former Liverpool and England goalkeeper David James says lockdown has given him plenty of time to indulge in his...
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Germany insists self-regulation not enough for Facebook

BERLIN: Germany is determined to expand its attempts to regulate online hate speech even as Facebook promises to do more...
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Tennis: Djokovic accuses critics of ‘witch-hunt’, undecided on US Open

BELGRADE: Novak Djokovic has accused critics of subjecting him to a "witch-hunt" after his regional Adria Tour tennis event ended...
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Thailand announces tentative MotoGP plans for November

BANGKOK: Thailand hopes to hold its MotoGP race in late November after an eight-month delay caused by the coronavirus pandemic,...
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Facebook not doing enough to fight discrimination, audit says

REUTERS: Facebook Inc has not done enough to fight discrimination on its platform and some of its decisions were setbacks...
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Football: Bournemouth to take late call on Cook for Spurs test

REUTERS: Bournemouth's Steve Cook faces a late fitness test to be ready for Thursday's Premier League match against Tottenham Hotspur...
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Cannabis firms see jump in insurance costs to protect leaders as investors sue

TORONTO: Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives...
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Nokia shares fall on concerns over potential loss of Verizon business

REUTERS: Shares in Nokia fell up to 8per cent in Wednesday trade on concerns that the Finnish company was losing...
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Dancing robots replace fans at Japanese baseball game

TOKYO: With their stadium devoid of fans due to coronavirus restrictions, Japanese baseball team Fukuoka SoftBank Hawks have come up...
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AirAsia’s shares plunge after auditor notes ‘going concern’ doubts

KUALA LUMPUR: Shares in Malaysia's AirAsia Group plunged 11 per cent after trading resumed on Wednesday (Jul 8) afternoon, after...
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Cricket: West Indies must try to win inside four days, says Lara

LONDON: Batting great Brian Lara has said West Indies' best chance of victory against England is to race out to...
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Boohoo to review British supply chain after factory allegations

LONDON: Online fashion retailer Boohoo has commissioned an independent review of its supply chain in Britain focused on areas including...
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As insurers face hefty pandemic losses, newcomers see chance to step in

LONDON: Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums...
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Airbus workers stage protest over job cuts

TOULOUSE, France: Airbus workers began a brief strike on Wednesday (Jul 8) over plans to cut up to 15,000 jobs...
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Business News

Alibaba’s Ant plans Hong Kong IPO, targets valuation over US$200 billion, sources say

HONG KONG: Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as...
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