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The Financial Express

Search results for: global

Malaysian PM Mahathir sends resignation letter to king

Reuters February 24, 2020 12:42:02

Prime Minister Mahathir Mohamad has submitted a letter of resignation to Malaysia’s king, his office said on Monday, amid talk of forming a new governing coalition. The fate of Malaysia’s...

Macron ‘not sure’ of UK-EU trade deal by end of year

-- February 23, 2020 11:33:10

French President Emmanuel Macron has said he is "not sure" a UK-EU trade deal will be struck by 31 December, the end of the Brexit transition period. Mr Macron said negotiations starting in March wil...

First Italian dies of coronavirus as outbreak flares in north

-- February 22, 2020 11:16:45

An elderly man in the northern Italian city of Padua has died after being infected with the coronavirus, becoming the first Italian victim of the disease, Health Minister Roberto Speranza said on Frid...

Sudan to investigate violence against protesters in Khartoum

-- February 22, 2020 10:41:52

Sudanese Prime Minister Abdalla Hamdok on Saturday ordered an investigation into a violent crackdown by security forces on protesters in Khartoum. Hamdok said in a televised speech: “I decided...

Wall St set to fall again as coronavirus spreads beyond China

-- February 21, 2020 20:43:09

US stock index futures edged lower on Friday as a spike in new coronavirus cases in China and elsewhere sent investors scrambling for safer assets such as gold and government bonds, according to Reute...

Global telcos join Alphabet, SoftBank’s flying cellphone antenna lobbying effort

-- February 21, 2020 19:26:50

Alphabet and SoftBank’s attempts to launch flying cellphone antennas high into the atmosphere have received backing from global telcos, energizing lobbying efforts aimed at driving regulatory ap...

After Amazon, Walmart’s Flipkart challenges India antitrust probe

-- February 21, 2020 18:28:46

Walmart’s Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following a similar petition by its...

Daimler warns of “significant adverse effects” of virus outbreak

-- February 21, 2020 18:14:35

German luxury carmaker Daimler on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in China and around the world, according to Reuters. &...

China firms in $10 billion share sale rush as funding rules eased amid virus worries

-- February 21, 2020 16:36:12

Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains...

Samsung Electronics names non-executive director as board chairman in company first

-- February 21, 2020 15:45:08

Samsung Electronics Co Ltd said on Friday it has named a non-executive director as board chairman for the first time, to increase transparency and independence, according to Reuters. Former Finance M...

Stocks head for worst week in four as coronavirus spreads

-- February 21, 2020 15:37:04

Shares across the world fell on Friday and were set for their worst week in four as investors dumped riskier assets for the safety of bonds and gold, with coronavirus cases in China and elsewhere spre...

Global central bankers scour shopping malls, manufacturers for coronavirus playbook

-- February 21, 2020 15:25:57

In the days after a new virus was identified in China on December 31, global central bankers fell back on past experience for a comforting early analysis, according to Reuters. The SARS epidemic in 2...

Kuroda watching with ‘grave concern’ as virus hits Asian economies

-- February 21, 2020 14:44:40

Bank of Japan Governor Haruhiko Kuroda said he was watching the coronavirus impact on the economy with “grave concern,” in a nod to the growing toll the epidemic is taking on manufacturing...

Walmart’s Japan unit finally delivers with online grocery growth

-- February 20, 2020 13:55:15

Walmart Inc might finally have found the sweet spot in Japan’s food market with a fast-growing venture ranked third in a nascent online grocery sector, as the brick-and-mortar stores it bought i...

Ex-lawmaker denies offering Assange a pardon from Trump

-- February 20, 2020 11:04:47

A former Republican congressman has denied he offered a pardon to Wikileaks founder Julian Assange on behalf of US President Donald Trump. Assange's lawyer said Dana Rohrabacher claimed to be acting...

Trump considering travel to Tokyo for Summer Olympics

-- February 19, 2020 11:35:26

US President Donald Trump said on Tuesday he is considering a visit to Japan this summer for the Olympic Games in Tokyo, a trip that would take him off the campaign trail as he seeks re-election. Tru...

No visas for low-skilled workers, UK govt says

BBC February 19, 2020 11:13:16

Low-skilled workers would not get visas under post-Brexit immigration plans unveiled by the government. It is urging employers to "move away" from relying on "cheap labour" from Europe and invest in...

Coronavirus slows China's Belt and Road push

Reuters February 18, 2020 20:27:44

When President Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there was no indication of the obstacle about to trip up China's plan for railways, p...

23 dead in Niger aid stampede: Officials

-- February 18, 2020 13:00:44

At least 23 people died in a stampede as Nigerian refugees rushed to get food and clothes in a community centre just over the border in Niger on Monday, officials said. The refugees were queuing to g...

Yemen’s air strikes ‘kill 31 civilians’ after Saudi jet crash

-- February 16, 2020 13:24:12

Yemen’s Iran-aligned Houthi movement accused the Saudi-led coalition of carrying out retaliatory air strikes on Saturday that killed at least 30 people including civilians, in the latest flare-u...

Haiti orphanage fire kills 15

Reuters February 15, 2020 13:50:03

Fifteen children died in a fire that swept overnight through an orphanage in Haiti run by a US religious group, authorities said on Friday, triggering renewed controversy over the hundreds of unlicens...

US, Taliban reach violence reduction pact

-- February 15, 2020 11:46:36

The United States has reached agreement with the Taliban on a weeklong reduction of violence that could lead to a US troop withdrawal from Afghanistan, a senior administration official said on Friday,...

Samsung Electronics board chairman offers to resign

Reuters February 14, 2020 14:34:49

Samsung Electronics said on Friday that board chairman Lee Sang-hoon, who was sentenced to jail in December for sabotaging union activities, had offered to resign, without elaborating on a reason. In...

Will strike US and Israel if they make the slightest error, Iran says

-- February 14, 2020 12:17:08

Iran is ready to strike the United States and Israel if they give it any reason to do so, the head of the elite Revolutionary Guards said in a live speech on state television on Thursday. “If y...

Asian shares tick up, aim for second week of gains amid virus scare

REUTERS February 14, 2020 12:15:13

Asian shares edged up on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epid...

US brings new charges against Huawei

-- February 14, 2020 10:52:01

The Justice Department of the US has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company of a brazen scheme to steal trade secrets from competit...

Jump in new coronavirus cases stymies stock rally

REUTERS February 13, 2020 11:33:21

Asian stock markets wobbled on Thursday while safe-havens such as the yen, gold and bonds rose as the number of new coronavirus cases and deaths in the outbreak’s epicentre jumped. China’...

Nissan seeks $91m in damages from Ghosn over financial misconduct charges

-- February 12, 2020 13:51:04

Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen ($91.02 million) in damages over his alleged financial misconduct....

Virus casts chill over aviation outlook despite Asian growth

-- February 12, 2020 12:27:02

Airlines and aircraft makers are taking a body blow from the virus outbreak in China, as Boeing reported zero orders for new jets in January and forecasting the cargo business will likely contract in...

New coronavirus cases fall

-- February 12, 2020 11:33:53

China on Wednesday reported its lowest number of new coronavirus cases since late January, lending credence to a prediction from the country’s senior medical adviser that the outbreak could be o...