A parking space has reportedly sold for a record-breaking $1.3m (HK$10.2m; £930,000) in Hong Kong. It was one of several spots sold at an ultra-luxury development in the city’s affluent…
Category: Business News
Sri Lanka: Chemical-laden cargo ship is sinks
A chemical-laden cargo ship is sinking off the coast of Sri Lanka, sparking fears of an environmental disaster. The Singapore-registered X-Press Pearl had been on fire for almost two weeks…
USA: Cyber-attack hits world’s largest meat supplier
The world’s largest meat processing company has been targeted by a sophisticated cyber-attack. Computer networks at JBS were hacked, temporarily shutting down some operations in Australia, Canada and the US,…
USA: President Biden sets out $6tn spending plan
US President Joe Biden has released his first annual budget – a $6tn (£4.2tn) spending plan that includes steep tax increases for wealthier Americans. The bumper proposal would include huge…
Scotland: Caretaker wanted to look after uninhabited Scottish island
A remote and uninhabited Scottish island is looking for a resident caretaker. Isle Martin, near Ullapool, has no full-time residents but needs someone to keep the island in shape for…
Russia: Moscow blocks some flights for avoiding its ally Belarus
Russia has denied entry to two European airlines because they planned to avoid flying over Belarus to get to Moscow. Air France and Austrian Airlines have both had to cancel…
Switzerland: Swiss abandon years of EU talks and reject treaty
After years of talks, Switzerland has scrapped efforts aimed at agreeing an over-arching treaty with the EU. Switzerland is not in the European Union but has signed up to many…
China: Shaking skyscraper sends shoppers fleeing
A skyscraper of more than 70 storeys has been evacuated after it started to shake, sending shoppers scrambling for safety in the southern Chinese city of Shenzhen. Local authorities do…
USA: IBM says chip shortage could last two years
The boss of the US tech giant IBM has said a computer chip shortage could last another two years. Its President Jim Whitehurst said it could be “a few years”…
France: Fishing row triggers threat of Jersey power cut
The French government has voiced anger over what it calls new UK fishing rules in the Channel and warns it could cut electricity to Jersey in response. Maritime Minister Annick…