World economy

US isolated as major allies denounce Trump’s call on Jerusalem

09 Dec 2017

China warns its citizens in Pakistan of imminent terrorist attack

09 Dec 2017

While the Chinese embassy did not give any details, China has long feared of collusion between members of its Uighur Muslim minority in its far western region of Xinjiang and militants in Pakistan and Afghanistan

Britain and EU strike Brexit deal; to start trade talks

08 Dec 2017

While a joint report commits to the UK leaving the EU's single market and customs union, it also commits to close trade relation between the two, which then would necessitate comprehensive free trade deal and closely mirroring customs arrangements

Russia’s Putin to seek re-election, expected to win comfortably

07 Dec 2017

Russian President Vladimir Putin, who has been in power for the past 18 years, plans to seek a new six-year term in the country's March elections, which if he wins would make him the longest-serving Russian leader since Joseph Stalin

Britain’s MI5 foils ‘Islamist’ plot to kill PM May; 2 held

07 Dec 2017

A terror plot to assassinate British Prime Minister Theresa May after detonating an explosive device at her Downing Street office has been foiled by the country’s security services, media reports said on Wednesday

China blocks funding to 3 CPEC projects in Pakistan over ‘graft’

06 Dec 2017

Trump warns Arab leaders of moving embassy from Tel Aviv to Jerusalem

06 Dec 2017

UAE announces new partnership with Saudi Arabia

06 Dec 2017

The move, which comes ahead of a meeting of the Gulf Cooperation Council, is widely seen as a setback to the broader alliance that has so far failed to resolve the Qatar dispute

Apple to start paying Ireland €13 billion in unpaid taxes

05 Dec 2017

Apple today reached an agreement with the European Union to pay €13 billion to Ireland in unpaid taxes, following the landmark decision by the European regulator to crack down on companies parking their profits in low-tax havens in Europe

US Supreme Court clears Trump’s new travel ban order

05 Dec 2017

President Donald Trump’s latest order bans visitors from Chad, Iran, Libya, Somalia, Syria and Yemen as also people from North Korea and a selection of senior officials from Venezuela

FCC net neutrality move sparks backlash

04 Dec 2017

Commons committee head warns Brexit may push up cost of medicines in the UK

04 Dec 2017

Russian links probe: Flynn pleads guilty, may help prosecutors

04 Dec 2017

Michael Flynn admitted he lied to FBI agents in January about his conversations with Russia’s ambassador, and experts suggest he has been recruited by Special Counsel Robert Mueller to give evidence against a much bigger fish

Chabahar port opens an India-Iran-Afghanistan economic corridor

04 Dec 2017

Last month India shipped the first consignment of a planned 1300,000 tonne wheat supply to Afghanistan through the Chabahar port

Trump set to dump Tillerson; CIA chief Pompeo likely replacement

01 Dec 2017

Secretary of State Rex Tillerson’s relationship with President Donald Trump has been strained, and his ouster would lay the groundwork for another major personnel change in an already turbulent presidency

Oil producers likely to extend output cut deal till end 2018

30 Nov 2017

Study projects 800 mn workers globally may lose jobs to automation by 2030

29 Nov 2017

Experts see dawn of environmental sustainability in technology-driven 'Age of Optimization'

29 Nov 2017

The world is entering "a technology-driven Age of Optimization" bringing about more sustainable production, consumption and work in many manifestations and at every scale

China’s GDP growth seen decelerating to 6.4% in 2018

27 Nov 2017

Battle for control of financial watchdog agency heads to court

27 Nov 2017

Rival appointments to head Consumer Financial Protection Bureau create confusion

25 Nov 2017

Tillerson to skip Hyderabad GES meet in ‘snub to White House’

25 Nov 2017

Former Secretary of State John Kerry and even President Barak Obama have attended the large yearly event multiple times. But this year, apart from Ivanka Trump, the US delegation is unusually thin

To address hunger effectively, first check the weather, says new study

25 Nov 2017

Too little rain, or too much, is often a driver of poverty and hunger, leading to poor nutrition and food insecurity among vulnerable populations

UK water companies still using diving rods to find leaks

23 Nov 2017

Bangladesh, Myanmar strike deal on Rohingya repatriation

23 Nov 2017

The United States, however, cast doubt on the China-sponsored three-step process to resolve a complicated refugee crisis