Economy
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Adidas shares slide as it confirms China graft probe
Adidas shares slid Monday as the German sportswear giant confirmed it was “intensively investigating” allegations that senior employees in China…
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Passenger plane lands safely in New Zealand after engine fire
A passenger plane landed safely at a New Zealand airport on Monday after a fire shut down one of its…
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Ukraine warns of more ‘serious’ power cuts in coming weeks
A senior Ukrainian energy official has warned that scheduled power outages and emergency blackouts will intensify over the coming weeks,…
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Ukraine’s Marchenko says debt rework ‘critical’ to economy as talks stall
Ukraine’s finance minister said on Monday that a “critical” debt rework deal was still expected by August even as talks…
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Hong Kong airport runway closed due to damaged cargo plane, delaying flights
One of two runways at Hong Kong International Airport was closed on Monday, delaying flights, due to a damaged cargo…
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France, Germany, Britain condemn Iran’s steps to expand nuclear program
France, Germany and Britain on Saturday condemned Iran’s latest steps, as reported by the IAEA, to further expand its nuclear program.…
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US fines Emirates $1.5 mln for flying in prohibited airspace
The US Transportation Department said on Thursday it fined Emirates $1.5 million for operating flights carrying JetBlue Airways’ designator code…
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Denmark recalls popular South Korean instant noodles for being too spicy
Denmark’s food agency has recalled South Korean instant ramen produced by a brand popular in the West, warning noodle lovers…
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International Energy Agency sees ‘major’ oil supply surplus emerging by 2030
The world is likely to have a “major surplus” of oil by 2030 as production is ramped up while the…
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Ukraine plans record high power imports on Wednesday, energy ministry says
Ukraine plans to import its largest amount of power on Wednesday after Russian missile strikes significantly damaged energy infrastructure, the…
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