Markets

SYDNEY: Mining giant BHP Group said on Tuesday (Jan 21) that poor air quality caused by smoke from Australia's bushfires is hurting coal production, as authorities cautioned a reprieve from hazardous fire conditions could end within days. The warning from the world's biggest miner underscores how ...

Prime Minister Boris Johnson told African leaders Monday that Britain would be more open to migrants from their continent after Brexit as he hosted a summit intended to boost trading ties.

Tesla Inc said on Monday there is no unintended acceleration in its vehicles, responding to a petition to the National Highway Traffic Safety Administration to recall 500,000 of the electric company's cars over the alleged safety breach.

A top Mexican trade union said on Monday it has suspended its threat to launch a strike at Home Depot stores across Mexico over labor demands, adding it is in talks with the U.S. home improvement chain to improve pay and benefits for workers.

Cyberloafing may act as a relief valve for workers, helping them recover from stress, says an expert.

CHINA-BASED Zall Smart Commerce Group is bidding for a digital wholesale bank licence in Singapore, joining a growing list of Chinese contenders in the digital banking scene.

WASHINGTON: Boeing Co is in talks with banks about borrowing US$10 billion or more amid rising costs for the US plane manufacturer after two crashes involving its 737 MAX jetliner, a source told Reuters on Monday (Jan 20). CNBC first reported the news on Monday, citing sources that Boeing has so...

Boeing Co is in talks with banks about borrowing US$10 billion or more amid rising costs for the U.S. planemaker after two crashes involving its 737 MAX jetliner, a source told Reuters on Monday.

DAVOS, Switzerland: Easing US-China trade tensions have lessened uncertainty and the world economy may have hit bottom but a sharp slowdown in India is creating a drag worldwide, the International Monetary Fund said on Monday (Jan 20). However, while the risks to the global economy have grown ...

Tesla Inc said on Monday there is no unintended acceleration in its vehicles, responding to a petition to the National Highway Traffic Safety Administration to recall 500,000 of the electric company's cars over the alleged safety breach.