Foreign firms vie to rebuild Beirut port

BEIRUT: Eight months after a massive blast ripped through Beirut port and nearby districts of the Lebanese capital, a host of foreign companies with...

Toshiba CEO resigns as buyout offer stirs turmoil

TOKYO: Toshiba's CEO resigned yesterday as a buyout offer from a private equity fund stirs turmoil inside the storied Japanese company, with reports suggesting...

Egypt seizes Suez megaship, demands $900m compensation

TOKYO: The Japanese owner of a megaship seized after blocking the Suez Canal has said it is negotiating with Egyptian authorities after they demanded...

Bitcoin hits record as Coinbase brings cryptocurrencies to Wall St

LONDON: Bitcoin hit a record high above $62,000 yesterday as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street. Bitcoin reached $62,377,...

Microsoft bets big on health with $19.7bn purchase of Nuance

NEW YORK: Microsoft is to acquire artificial intelligence and cloud computing company Nuance for $19.7 billion, bolstering its healthcare presence with a leader in...

Ramadan breeds dread in crisis-hit Iraq

BAGHDAD: Faced with sharp price rises, a decline in the buying power of the dinar and rising unemployment, Iraqis enter the Muslim fasting month...

Fed chair says cyberattacks main risk to US economy

WASHINGTON: Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that...

Britons cheer lockdown easing

LONDON: Britons yesterday toasted a significant easing of coronavirus restrictions, with early morning pints - and much-needed haircuts - as the country took a...

Lanka gets China loan as rupee hits record low

COLOMBO: Sri Lanka secured a $500 million loan from China yesterday in a desperate bid to shore up its foreign exchange reserves as the...

Blockchain powers rail trade between China and Europe

CHENGDU: Blockchain is being used to boost trade through the China-Europe train routes, which have contributed significantly to lowering logistics costs and served as...

‘Green Paradise’ brings hydroponics to Libya

TRIPOLI: Under a yellow tarpaulin stretched over an arched metal frame, Siraj Bechiya and his partner inspect their hydroponically-grown lettuce, pioneers of the method...

Post-COVID era of hybrid work beckons in Britain

NUNHEAD: Consultant Rachel Watson enjoys being based at her home that looks onto the London skyline but misses the office vibe. She will soon...

E Paper

19th April