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World

Wednesday, March 4, 2020

Inflation's rise tests Turkish recovery in face of Syria conflict
World

Inflation's rise tests Turkish recovery in face of Syria conflict

Turkey's key inflation gauge rose for a fourth straight month to 12.37% in February, data showed on Tuesday, testing the central bank's resolve to keep stimulating the economy in the face of a weakening lira and a worsening conflict in Syria. The rise in
Published 04 Mar, 2020 12:00am
Trump, Mullah Baradar speak by phone after accord
World

Trump, Mullah Baradar speak by phone after accord

The Taliban's chief negotiator Mullah Baradar Akhund and US President Donald Trump held a 35-minute telephone call on Tuesday, a Taliban spokesman said, in what may be the first direct discussion between a US leader and a senior Taliban official. Trump co
Published 04 Mar, 2020 12:00am
Architecture's top prize awarded to two women
World

Architecture's top prize awarded to two women

Dublin-based Yvonne Farrell and Shelley McNamara were awarded the Pritzker prize on Tuesday - the first time a female duo has scooped architecture's most prestigious award. They gained international fame for their blocky, brutalist-inspired structures, wh
Published 04 Mar, 2020 12:00am
At least 22 dead in Tennessee tornadoes
World

At least 22 dead in Tennessee tornadoes

At least 22 people died as tornadoes ripped through Tennessee early Tuesday, destroying buildings and toppling power lines hours before the southern US state was to vote in Super Tuesday primaries, officials said.
Published 04 Mar, 2020 12:00am
Munich to host next IAA German car show
World

Munich to host next IAA German car show

Munich will host the next edition of Germany's biggest car show IAA, its organiser VDA said Tuesday, as the industry scrambles to rebrand the fair after a poor showing in 2019. Frankfurt was home to the bi-annual show for almost seven decades, but last ye
Published 04 Mar, 2020 12:00am
Jack Welch, iconic General Electric CEO, dead at 84
World

Jack Welch, iconic General Electric CEO, dead at 84

Jack Welch, who built General Electric into a global industrial flagship and became one of America's best-known businessmen, died on Monday aged 84, the company said. Dubbed the "manager of the century," by Fortune magazine in 1999, Welch transformed GE i
Published 04 Mar, 2020 12:00am
COVID-19 could put fifth of UK staff off work
World

COVID-19 could put fifth of UK staff off work

Up to one fifth of employees could be off work in Britain when the coronavirus outbreak peaks, the government said Tuesday outlining a new action plan. Britain had 51 confirmed cases of COVID-19 as of 9:00 am (0900 GMT), an increase of 12 in 24 hours, as
Published 04 Mar, 2020 12:00am
Hand sanitiser sales rocket 255 percent in Britain
World

Hand sanitiser sales rocket 255 percent in Britain

Sales of hand sanitiser in Britain have more than tripled as nervous customers sought to protect themselves from coronavirus, data showed Tuesday. Hand sanitiser sales surged 255 percent in the four weeks to 23 February compared with the same period a yea
Published 04 Mar, 2020 12:00am
Coronavirus could push airlines to merge: AF-KLM chief
World

Coronavirus could push airlines to merge: AF-KLM chief

The spread of the coronavirus could force weak airlines to merge with competitors, the head of Air France-KLM and the A4E association of European airlines said Tuesday. "There are quit a few weak carriers around the world," Benjamin Smith said at the asso
Updated 04 Mar, 2020 10:53am
Daimler targets 20 percent cut in European CO2 output for 2020
World

Daimler targets 20 percent cut in European CO2 output for 2020

Mercedes-Benz parent company Daimler said Tuesday it aims to slash average carbon dioxide (CO2) emissions from new cars sold in Europe by 20 percent in 2020, as EU-wide limits bite. "This is a very big year for us and a year where we are taking electrific
Published 04 Mar, 2020 12:00am
Eurozone inflation down as ECB readies virus response
World

Eurozone inflation down as ECB readies virus response

Eurozone inflation fell to 1.2 percent in February, official data showed Tuesday, as the European Central Bank said it was preparing to respond to the economic impact of the coronavirus. The drop from 1.4 percent in January means the rate is even further
Published 04 Mar, 2020 12:00am
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