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Archive

World

Wednesday, February 26, 2020

Croda profit hit by trade war
World

Croda profit hit by trade war

Croda's annual profit was hurt by a hit to demand as the trade war between Beijing and Washington persisted and China attempted to modernise "surrogate sales" in what its top boss called the harshest trading environment in a decade.
Published 26 Feb, 2020 12:00am
Qatar postal blockage ends as regional rivals restore service
World

Qatar postal blockage ends as regional rivals restore service

A postal blockage against Qatar has ended with Saudi Arabia, Bahrain and Egypt restoring services, the UN postal agency said Tuesday, after mail links were severed in 2017 as part of a campaign to isolate Doha. The three nations, along with the United Ara
Published 26 Feb, 2020 12:00am
Shanghai signs $1.7 billion investment deals
World

Shanghai signs $1.7 billion investment deals

Shanghai's city government has signed agreements with foreign investors for 21 projects worth more than $1.7 billion combined, the official Xinhua News Agency reported on Tuesday. Firms that will invest in Shanghai through the projects include Siemens Hea
Published 26 Feb, 2020 12:00am
Expedia to cut 3,000 jobs
World

Expedia to cut 3,000 jobs

Online travel giant Expedia will cut about 3,000 jobs after what the company described in a statement as "disappointing" performance last year. The firm, which operates its flagship travel site as well as Hotels.com, Hotwire, Travelocity, Cheaptickets, Eg
Published 26 Feb, 2020 12:00am
Tesco says cutting bakery jobs
World

Tesco says cutting bakery jobs

Britain's biggest retailer, supermarket group Tesco, said Tuesday it was cutting more than 1,800 jobs at its in-store bakeries following a drop in demand for its bread loaves.
Published 26 Feb, 2020 12:00am
Brexit talks turn sour as EU, UK clash
World

Brexit talks turn sour as EU, UK clash

Britain and Brussels clashed Tuesday over upcoming Brexit talks, with London roundly rejecting key elements of the EU's negotiating platform, setting up an acrimonious start to negotiations next week.
Published 26 Feb, 2020 12:00am
Saudi court sentences 8 for spying for Iran
World

Saudi court sentences 8 for spying for Iran

A Saudi criminal court on Tuesday sentenced one citizen to death and seven others to jail on charges of treason and spying for the kingdom's arch-nemesis Iran, state television reported. The Saudi sentenced to death was accused of "betraying his country a
Published 26 Feb, 2020 12:00am
Saudi Arabia names new tourism, sports, investment ministries
World

Saudi Arabia names new tourism, sports, investment ministries

Saudi Arabia announced on Tuesday the creation of three new ministries, for tourism, sports and investment, according to royal decrees that also unveiled a sweeping cabinet reshuffle. The shake-up, which saw the return of ousted former energy minister Kha
Published 26 Feb, 2020 12:00am
China sentences Swedish bookseller Gui Minhai to 10 years' jail
World

China sentences Swedish bookseller Gui Minhai to 10 years' jail

China has sentenced Swedish book publisher Gui Minhai to 10 years in prison on charges of illegally providing intelligence abroad, and claimed him as a citizen, prompting Stockholm to call for his release in a case that has rattled diplomatic relations.
Published 26 Feb, 2020 12:00am
World's oldest man dies in Japan at 112
World

World's oldest man dies in Japan at 112

A Japanese man recently named the world's oldest living male has died aged 112, a local official said Tuesday. Chitetsu Watanabe, who was born on March 5, 1907 in Niigata, north of Tokyo, died on Sunday at his nursing home in the same prefecture, the offi
Published 26 Feb, 2020 12:00am