Economy
New York: While a moderate upturn in the world economy led to more development financing in 2017, a new United Nations report out Friday revealed that the vast majority of investment is still short-term oriented, putting global commitments to create sustainable economies at risk. more
Trade war: President Xi says will relax trade policies, open up parts of Chinese economy

Beijing: Chinese President Xi Jinping has vowed to open up parts of China's economy and relax certain trade policies, reports said on Tuesday.

Trade War: Donald Trump threatens to slap $100 billion in additional tariffs on China

Washington/Beijing: US President Donald Trump has said he is mulling an additional $100 billion in tariffs on China, media reports said.  

The world banks on sunshine, UN says in renewable energy report

New York: In 2017, solar energy dominated global investment in new power generation like never before, according to a new United Nations-backed report, which shows a steady move away from ...

Global food price index rises for second consecutive month – UN agency

New York Global food prices rose for the second consecutive month with the index for these commodities averaging 172.8 points in March, 1.1 per cent higher than in February, the United Na ...

Trade war: US government releases proposed China tariff list

Washington: The Office of the U.S. Trade Representative (USTR) has published a proposed list of products imported from China that could be subject to additional tariffs.

Trade war: White House slams China over tariffs on US imports

Washington/Beijing: Reacting to China imposing tariffs on US imports, the White House came down heavily on the Asian nation, blaming it for resorting to 'unfair trading practices' ...

Cambridge Analytica gaffe costs Facebook USD 58 billion

Menlo Park: Social networking giant Facebook has endured a tough week, losing USD 58 billion following the company's admission that it failed to properly handle a data breach, allowin ...

Beijing mulling retaliation after US announces tariffs on Chinese imports

Beijing/Washington: Alleging years of intellectual property theft by China, the White House announced on Thursday that it is planning to impose tariffs on Chinese imports, prompting the l ...

Hailing African free trade agreement, Guterres says UN ready to support continent’s ‘leap into history’

New York: United Nations Secretary-General António Guterres has welcomed the singing of a continental free trade agreement in Africa that has created one of the world’s large ...