Economy
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IMF warns China’s property market woes ‘could worsen’
The International Monetary Fund (IMF) warned on Tuesday that a prolonged downturn in China’s real estate market could worsen, pointing…
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US says watching ‘dark fleet’ ship-to-ship oil transfers in Asia waters
The US is paying close attention to the ‘dark fleet’ of tankers carrying restricted oil and doing ship-to-ship transfers in Southeast Asian…
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Charleroi airport cancels all outgoing flights due to strike
All outgoing flights from Belgium’s Charleroi airport, a major hub for budget airline Ryanair, were cancelled on Tuesday due to…
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Boeing machinists union strike reach a deal after 5 weeks
Boeing reached a tentative deal Saturday with its unionized machinists to end a strike that has dragged on for over…
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US budget deficit widens to $1.8 trillion, third highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023’s level…
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US to probe Tesla’s ‘Full Self-Driving’ system after pedestrian killed in low visibility
The US government’s road safety agency is investigating Tesla’s “Full Self-Driving” system after getting reports of crashes in low-visibility conditions,…
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Indonesia’s Prabowo targets growth with big projects, seeks to build on Widodo’s policies
Indonesian President Joko Widodo leaves office Sunday with high approval ratings thanks to strong economic growth, but his successor Prabowo…
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Amazon invests over $500 million in nuclear energy to power artificial intelligence
Amazon announced significant investments in nuclear energy on Wednesday, joining other tech giants in aiming to meet the high electric power…
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Leaders from China, India to attend BRICS summit in Russia
Leaders from China and India will attend the BRICS summit in Russia from Oct. 22-23. Chinese President Xi Jinping will…
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Airbus to cut nearly 2500 jobs in space division
Airbus announced plans Wednesday to cut up to 2,500 jobs in its struggling space and defense division, in the latest…
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