Business

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Boeing agrees to pay 25bn fine facing fraud conspiracy charges over 737 MAX crashes...

Boeing will pay some $2.5 billion to resolve criminal charges linked to two deadly crashes involving its 737 MAX aircraft, agreeing to hand over a small...
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Global food prices surge to multi year highs with more inflation yet to come...

After seven months of consecutive growth, food prices finally reached a three-year peak for the whole pandemic year, according to the UN food security agency, the...
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Crude oil flow from Saudi Arabia to US falls to ZERO

For the first time in 35 years, no oil flowed from Saudi Arabia to the United States last week, according to EIA data, in a show...
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Germany may set up special fund to fend off Russias Nord Stream 2 from...

The German state of Mecklenburg-Vorpommern may have a plan to facilitate the completion of Russia’s Nord Stream 2 pipeline amid US attempts to sink the $11...
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Cryptocurrency market value hits record 1 trillion as bitcoin reaches new eye popping highs

The total value of all the digital currencies has reached $1 trillion for the first time ever after the leading crypto asset, bitcoin, continued its bull...
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Alibaba Tencent stocks plunge amid ongoing US crusade on investment in Chinese firms

Shares of Alibaba and Tencent have dropped in Hong Kong on the news that two of China’s most valuable companies could be the next target of...
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Michelin to slash 2300 workers in France to boost production efficiency

French tire maker Michelin will eliminate as much as 2,300 jobs across its production facilities in France, although no factories will be closed. The measure comes...
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Will Asia actually fuel a comeback in coal

As 2020 meant a slowdown in coal production and use, experts and governments were confident that the industry would pick up again as pandemic restrictions eased....
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Trump turns up the heat on Beijing banning Alipay seven other Chinese apps

In the final days of his administration US President Donald Trump has barred transactions with seven Chinese applications, including Alipay payment platform owned by Chinese billionaire...
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Covid 19 pandemic leaves New Years tuna auction in Tokyo with no jaw dropping...

The auction, held every January at Tokyo’s main fish market, Toyosu, has been overshadowed by the raging coronavirus pandemic, which has slashed tuna prices, leaving the...

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