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The Financial Express

Search results for: global

Reserves heist: Swift turns to govt, seeks unfettered staff travel

SYFUL ISLAM January 27, 2020 11:06:05

Swift, the global carrier of handling payment instructions between banks, has sought assurance from the government that its officials' planned travel would not be hampered on reserves heist probe gr...

Coronavirus: Could it damage the global economy?

BBC January 26, 2020 17:53:57

China is struggling with a new virus that has already killed more than 20 people. It is a serious health issue. The World Health Organization has called it an emergency for China, though not for the...

Erdogan says Haftar cannot be expected to respect Libya truce

Reuters January 26, 2020 13:51:52

Turkish President Tayyip Erdogan said on Sunday that eastern Libyan military commander Khalifa Haftar could not be expected to respect a ceasefire called between his forces and pro-government troops i...

Atiqul unveils election manifesto

FE Online Report January 26, 2020 11:38:24

Awami League mayoral candidate in Dhaka North City Corporation (DNCC) M Atiqul Islam unveiled a 38-point election manifesto at a city hotel on Sunday, with the vow to build a healthy, vibrant and mode...

World’s largest twin-engine jet takes to the air

-- January 26, 2020 11:08:06

Boeing has successfully completed the first test flight of the world's largest twin-engined jet, the 777X. It comes as the firm attempts to boost its image after its 737 Max plane was grounded last y...

34 US troops diagnosed with traumatic brain injury after Iran strike

-- January 25, 2020 13:24:57

The Pentagon said on Friday that 34 service members had been diagnosed with traumatic brain injury following missile strikes by Iran on a base in Iraq earlier this month, a number higher than the mili...

Shanghai shuts down all cinemas amid Coronavirus outbreak

-- January 25, 2020 12:49:05

Shanghai has shut down all cinemas during the Lunar New Year holidays, which last until Jan 30, the Liberation Daily said on its online channel. A virus outbreak in China has prompted seven Chinese f...

Powerful quake hits eastern Turkey, leaving 18 dead

-- January 25, 2020 10:49:24

A powerful earthquake struck eastern Turkey on Friday, killing at least 18 people and collapsing buildings in affected towns near the centre of the tremor, which was strong enough to be felt in severa...

China virus death toll jumps to 41, over 1300 infected worldwide

-- January 25, 2020 10:39:38

The official death toll from the coronavirus in China jumped on Saturday to 41 from 26 a day earlier, as local media reported a doctor on the frontline of the battle to contain the virus in Wuhan city...

Sri Lanka aims to attract 4.0m tourist in 2020

-- January 24, 2020 13:24:01

Sri Lanka's Tourism Ministry is aiming to attract four million tourists in 2020, Tourism Minister Prasanna Ranatunga has told local media. The minister said they have fixed a target of five billion U...

Singapore's factory output falls 1.4 pc in 2019

-- January 24, 2020 13:12:24

Singapore’s manufacturing output declined 1.4 per cent year on year in 2019, said the Economic Development Board on Friday. Last December, the country's factory output declined 0.7 per cent yea...

US weekly jobless claims rise to 211,000

-- January 24, 2020 13:06:15

The number of initial jobless claims in the United States rose last week, according to a report released by the US Bureau of Labor Statistics on Thursday. The number of people filing for US unemploym...

Philippines economy grows 5.9pc in 2019

-- January 23, 2020 15:25:21

The Philippines's gross domestic product (GDP) posted a year-on-year growth of 6.4 per cent in the fourth quarter of 2019, resulting in the 5.9 per cent full-year growth for 2019. Philippines Statist...

Tesla overtakes Volkswagen as value hits $100b

-- January 23, 2020 14:29:24

Tesla has displaced Volkswagen as the world's second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100 billion (£76.1b). The milestone sets...

One dead in US shooting, five wounded

-- January 23, 2020 11:23:41

At least one person was killed and five others wounded in a shooting during the evening rush-hour at a Seattle shopping district in the US on Thursday and the suspects remained at large, police said....

Emirates pledges funds to bushfire relief in Australia

FE Online Desk January 22, 2020 16:02:40

Emirates has announced its contributions to bushfire relief in Australia. The airline will be donating 10 per cent of all Emirates RED sales on every flight from 17 January until 16 February 2020 and...

Indian SC says no stay on citizenship law for now

-- January 22, 2020 13:30:24

The Indian Supreme Court on Wednesday made it clear that it will not grant any stay on the Citizenship Amendment Act (CAA) without hearing the Centre and said it may refer pleas challenging the validi...

Sri Lanka earns record $5.3b from apparel exports in 2019

-- January 22, 2020 13:21:31

Sri Lanka earned a record 5.3 billion US dollars from its apparel exports in 2019, showing a 5.1 per cent year on year increase, according to the Joint Apparel Association Forum (JAAF). However, a sl...

General Motor’s Cruise unveils its first driverless vehicle

-- January 22, 2020 11:59:01

Cruise, the self-driving car start-up, majority owned by General Motors, has unveiled its first vehicle designed to be driverless. The electric-powered Cruise Origin was developed by Honda, which als...

Taiwan calls on China to share ‘correct’ virus information

-- January 22, 2020 11:54:24

Taiwan President Tsai Ing-wen called on China on Wednesday to share “correct” information about a new coronavirus and for the World Health Organisation (WHO) not to exclude Taiwan from col...

Greta Thunberg calls on world leaders to listen to young activists

-- January 21, 2020 14:54:00

Greta Thunberg, who has inspired a new generation of activists to attend the World Economic Forum in Davos this year, urged world leaders to listen to young people on Tuesday. “I’m not a...

IMF cuts global growth projection

-- January 21, 2020 13:56:20

The International Monetary Fund (IMF) cut global growth projections on Monday, citing negative surprises in a few emerging markets, notably in India, and increased social unrest. However, the IMF als...

Fire kills five in southern Vietnam

Xinhua January 21, 2020 13:26:54

A fire in Vietnam's southern Ho Chi Minh City killed five early Tuesday, Vietnam News Agency reported. The fire broke out in a house located in a small alley of District 9 in Ho Chi Minh City at arou...

Facebook targets UK growth with 1,000 hires this year

-- January 21, 2020 12:38:42

Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering centre outside the United States after Britain leave...

Myanmar panel says security forces likely committed war crimes

-- January 21, 2020 11:36:06

An independent commission established by Myanmar's government has concluded there are reasons to believe that security forces committed war crimes in counterinsurgency operations that led more than 70...

Uber sells its India food delivery business to Zomato

-- January 21, 2020 11:11:52

Uber has sold its food delivery service in India to local rival Zomato, the firms have announced. Uber will get a 9.99 per cent stake in the Indian start-up, helping it maintain its presence in the s...

Global FDI drops moderately in 2019: UNCTAD

FE Online Report January 20, 2020 18:59:06

Foreign Direct Investment (FDI) across the world dropped by 1.0 per cent last year, according to a primary estimation of the United Nations Conference on Trade and Development (UNCTAD). UNCTAD’...

Five killed in Russian hotel after boiling water floods basement

-- January 20, 2020 13:34:14

Five people died in the Russian city of Perm on Monday after a hot water pipe exploded in the night and flooded a basement hotel room with boiling water, the regional investigative committee said. At...

World's richest 2,000 hold more than 4.6b combined: Oxfam

Reuters January 20, 2020 13:00:40

The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global econom...

China to ban bags and other single-use plastic

-- January 20, 2020 11:29:40

China, one of the world's biggest users of plastic, has unveiled a major plan to reduce single-use plastics across the country. Non-degradable bags will be banned in major cities by the end of 2020 a...