Economy
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S&P upgrades Turkey’s credit rating to BB-
Standard and Poor’s upgraded Turkey’s long-term sovereign credit rating on Friday from B+ to BB-, with the agency noting economic…
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Boeing makes higher offer to striking workers, vote on Monday: Union
US aviation giant Boeing has improved the conditions in its contract offer to thousands of striking workers, with a 38 percent…
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US says Israel’s waiver for Palestinian banks cooperation was ‘very short term’
The US government on Thursday said Israel’s decision to sign a waiver to extend cooperation between Israeli and Palestinian banks for another month was…
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EU probes shopping app Temu over illegal products
The EU on Thursday hit Chinese-founded shopping platform Temu with a probe over concerns the site is doing too little to stop…
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Mideast conflicts to leave ‘lasting scars’: IMF
Gaza, Lebanon and Sudan will take decades to recover from the conflicts raging on their soil, the International Monetary Fund…
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Riyadh Air plans wide-body jet order next year: Official
Saudi Arabia’s new national airline, Riyadh Air, plans next year to order wide-body aircraft capable of seating more than 300…
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US economy growing despite voter angst
The US economy grew solidly in the three months to September, expanding at an annual rate of 2.8%. Despite there…
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Why Canada wants more overseas tourists to visit
Canada has launched a new drive to get more overseas tourists to visit the country. Yet staffing shortages, wildfires and…
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Riyadh Air announces new order of 60 Airbus planes
Saudi Arabia’s new national airline, Riyadh Air, announced on Wednesday it has ordered 60 narrow-body aircraft from Airbus, as it…
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McDonald’s global sales fall more than expected on muted demand
McDonald’s on Tuesday posted a steeper-than-expected drop in quarterly global comparable sales, hurt by weaker traffic across its key markets…
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