COLORADO SPRINGS: With constellations of thousands of telecommunication mini satellites expected to orbit Earth in the near future, the risk of space-debris collisions will grow. For Nobu Okada, it's an opportunity. The 46-year-old Japanese entrepreneur founded the start-up Astroscale in Singapore ...
WASHINGTON: There is no "arbitrary deadline" to conclude the US-China trade talks, US Treasury Secretary Steven Mnuchin said on Wednesday (Apr 10), a week after President Donald Trump said the talks were due to take another month. "We're not going to set an arbitrary deadline," Mnuchin told CNBC ......
Carlos Ghosn's defense lawyers filed their second appeal against his latest detention on Wednesday, Kyodo news reported, as the ousted chairman of Nissan Motor Co seeks a formal explanation for his re-arrest.
WASHINGTON: Rising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned on Wednesday (Apr 10). While the concerns "aren't all setting off alarm bells just yet," ...
U.S. consumer prices increased by the most in 14 months in March, but underlying inflation remained benign against the backdrop of slowing domestic and global economic growth.
WASHINGTON: Chief executives of some of the largest US banks appeared before Congress on Wednesday (Apr 10), giving lawmakers their first opportunity to grill the lenders since the 2007-2009 financial crisis. Democratic lawmakers focused many of their questions on who the banks were doing business ...
U.S. Transportation Secretary Elaine Chao defended the Federal Aviation Administration's decision to not immediately ground the Boeing 737 MAX fleet after a second deadly crash in March of an airplane in Ethiopia.
LONDON: Eurozone stock markets rose on Wednesday (Apr 10) ahead of a key EU summit, with the smart money on Britain winning a Brexit delay which analysts said would be welcomed by equity investors. But there was some nervousness about a possible US-EU trade war after a tariff threat by...
REUTERS: Delta Air Lines Inc on Wednesday lifted its 2019 revenue forecast after reporting better-than-expected quarterly profits, boosted by robust travel demand and a renewed agreement with credit-card issuer American Express Co. The No. 2 U.S. carrier said it is targeting full-year revenue ...
BERLIN: The global economy is slowing and political leaders must avoid any escalation in trade disputes, German Finance Minister Olaf Scholz told Reuters in an interview on Wednesday. U.S. President Donald Trump's threat this week to impose tariffs on US$11 billion worth of European Union products ...
