Panama has insisted that its sovereignty over the Panama Canal is “non-negotiable” after US President-elect Donald Trump refused to rule out military force to seize it. Trump made the remark…
Category: Business News
China: Authorities expand state-backed trade-in schemes to help boost economy
The Chinese government has expanded a list of products that people can trade in to get a discount of as much as 20% on new goods as the country tries…
USA: Bezos-owned Washington Post cuts more jobs, reports say
The Washington Post announced it will lay off nearly 100 workers, or 4% of its staff, in an attempt to stem growing losses, according to media reports. The cuts reportedly…
UK: Pound falls as borrowing costs rise to highest since 2008
The pound has fallen to its lowest level for nine months after UK government borrowing costs continued to rise. The drop came as UK 10-year borrowing costs surged to their…
UK: Europe’s biggest battery farm’ built on coal mine
Work is under way to create what has been described as Europe’s largest battery storage project at Coalburn in South Lanarkshire. Developers say the two huge neighbouring battery farms –…
India: Rescuers race to save men stuck in flooded rat-hole mine
Rescuers in India are racing against time to bring out miners trapped inside a flooded coal mine in the north-eastern state of Assam. Three of the nine men inside were…
USA: Authorities say tech giant Tencent works with Chinese military
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China’s military.…
UK: Ukrainians open Ukrainian school to preserve heritage
Members of a newly opened Ukrainian school have said the launch has been successful in helping their children maintain ties to their culture.The Saturday school located at St Luke’s Community…