BEIJING: China will order local governments to raise the approval threshold for new industrial projects and limit the number of polluting factories in regions where environmental conditions are already stressed, an environment official said on Friday (Jun 28). The order will compel regions to draw ...
Lawyers for former pharmaceutical executive Martin Shkreli will urge a federal appeals court on Friday to overturn his criminal conviction for defrauding investors in hedge funds he founded.
OSAKA: US President Donald Trump on Friday (Jun 28) said he had not promised Chinese President Xi Jinping a reprieve from escalating tariffs in a trade war that is casting a shadow on global growth, but felt their talks planned for the next day would be productive. Beijing, for its part,...
LONDON: Electronic payment firms in Britain will have more time to comply with requirements for extra security checks on online customers, the UK Financial Conduct Authority (FCA) said on Friday. European Union rules that come into force on Sept. 14 require more than one customer authentication ...
Electric vehicle (EV) maker Tesla Inc said on Friday that it has found no systematic flaws in its vehicles following investigation of a vehicle that caught fire in Shanghai.
World shares were steady on Friday as uncertainty ahead of a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping deterred traders from making bold directional bets.
TOKYO: Former Nissan boss Carlos Ghosn on Friday canceled plans to hold his first press conference since his arrest after journalists were notified earlier in the day about a briefing at the Foreign Correspondents Club of Japan (FCCJ). Ghosn's lawyers called to cancel the event, but did not ......
Deutsche Bank's shares rose as much as 4.8per cent on Friday after Germany's biggest bank passed an annual health check by the U.S. Federal Reserve, in a boost to its Wall Street operations.
RIYADH: Saudi Arabia’s Public Investment Fund (PIF) risks being pulled deeper into Crown Prince Mohammed bin Salman’s domestic projects, curbing its international ambitions and tying its fortunes closer to its home market, four sources familiar with its strategy said. Unusually for a sovereign ...
SINGAPORE: The number of major US defence contractors has shrunk to the point of becoming a national security concern, according to the US Air Force's acquisition head, who said his service needed to have more frequent competitions to benefit smaller companies. The comment came after US President ...
