Business

Peace, stability only possible by eliminating terrorism emanating from Afghanistan, Dar says at SCO meeting

Deputy Prime Minister and Foreign Minister Ishaq Dar said on Friday that durable peace and stability in the region can only be achieved by eliminating the threat of terrorism emanating from neighbouring Afghanistan. “Durable peace…

Kano to roll out state-owned airline, employ indigenous pilots

Governor Abba Kabir Yusuf of Kano State has announced plans by his administration to establish a state-owned commercial airline as part of efforts to create employment opportunities for indigenous pilots. The governor disclosed this during…

Victoria Plc Slumps to £326 Million Loss as Debt Deal Bites

Victoria Plc reported a wider annual loss as the troubled British carpetmaker counted the cost of its recent debt refinancing.

Yen heads for biggest weekly drop since May despite Tokyo's support pledges

FACTBOX: Rosatom chief highlights China partnership, Arctic logistics, ZNPP

Alexey Likhachev noted that Russia and China plan to double cargo transportation along the Northern Sea Route by 2030

Tech titan ordered to pay ex-wife $644m in divorce settlement

The divorce, involving the chairman of one of South Korea's biggest companies, has gripped the nation.

US hits partners with new tariffs over forcer labour claims

Starting this Friday, the United States will impose new tariffs on imports from 60 trading partners, covering 99 percent of all goods entering the country. The new measures replace the temporary 10 percent global tariff introduced 150 days…

What tariffs has Trump introduced and why?

Trump's volatile trade policy has thrown the world economy into chaos, and put some US prices up.

Japanese shoppers drive up jewelry sales to a record

Strong domestic demand for jewelry has helped lift the outlook for Japan's luxury market as a whole, as the sector faces headwinds including a slowdown in inbound tourism.

Zara’s Ortega Buys Paris Office Complex for About €800 Million

Zara billionaire Amancio Ortega bought a business center in Paris from Invesco Ltd., in what is his biggest transaction in Europe.

China says it opposes new US tariffs, warns against trade wars

Wise Group shares tank after U.S. bank charter rejected. What’s next for the fintech.

Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.