Economics
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Shares tumble around the world as US-China trade war renews uncertainty
Shares mostly fell on Monday after the latest escalation in the US-China trade war renewed uncertainties about global economies, as…
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Uber-rival Bolt enters European food delivery business
Estonia’s Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home…
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Huawei dismisses new suspension of ‘unjust’ US ban
Huawei on Tuesday dismissed Washington’s three-month delay to a ban on US firms selling to the Chinese tech giant and said the…
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UK, EU harden their positions on Brexit as G7 approaches
Leaders of the UK and European Union hardened their positions on Tuesday on whether it is possible to re-open Brexit…
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US economists expect a recession in 2020 or 2021: survey
A majority of economists expect a US recession in the next two years, but have pushed back the onset amid…
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German economy could continue to shrink: Bundesbank report
The German economy could have continued to shrink over the summer as industrial production drops amid a dearth of orders,…
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Leaked UK memos warn of food, drug shortages in Brexit chaos
Leaked British government documents have warned of disruptions across the country in the event that the United Kingdom leaves the…
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Iran says tanker freed by Gibraltar preparing to set sail
An Iranian tanker seized by Gibraltar last month is preparing to set sail after being released, a senior Iranian shipping…
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UK economy shrinks for the first time since 2012 as Brexit bites
LONDON: The British economy unexpectedly shrank in the second quarter for the first time since 2012 as Brexit uncertainties heaped…
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Trade deal with China in doubt, Trump says US ‘not ready’
“We’ll see whether or not we keep our meeting in September,” Trump told reporters at the White House before heading…
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